AI and the Coming White-Collar Political Upheaval(wsj.com)

1 pointsby moose_manvor 8 Monaten1 comments

AI and the Coming White-Collar Political Upheaval

https://www.wsj.com/opinion/ai-and-the-coming-white-collar-political-upheaval-25d30721

1 comments

Google, Meta, Microsoft and Amazon—combined have had capital expenditures of $360 billion over the past year, much of it in AI development and data centers.

By some estimates, up to 75% of the gains in the S&P 500 over the past few years are due to AI spending.

This won't end well.