"AI-inspired layoffs are accelerating at an alarming rate, highlighted by Block founder Jack Dorsey's controversial 40% cut. Jeff Bezos' Amazon laid off 16,000 in January, citing ongoing reorganization as the company relentlessly invests in AI."
"A study from the National Bureau of Economic Research reports that 'thousands' of CEOs admit that AI has had no meaningful impact on employment and productivity. So who's lying?"
"84% of the global population has yet to use AI, and only 0.3% pays for premium services. Yet Silicon Valley's dollars remain laser-focused on AI's future, most notably agentic products as both professional and personal labor."
The U.S. economy has lost nearly 160,000 jobs in early 2023, with AI-related layoffs increasing. Despite this, many CEOs report that AI has not significantly affected productivity or employment. A large portion of the global population remains unacquainted with AI, while investment in AI continues to surge. The tech industry is facing a crisis, with billions spent on startups that may fail. Geopolitical tensions and economic uncertainty contribute to the urgency among elites to maintain the AI bubble.
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