Emeritus Prof Christopher May@ChrisMayLA6@zirk.us
As John Naughton points out the AI 'revolution' is starting to eat its own with the major Big Tech owners of major AI assets laying off lower level staff whose work will be replaced by the AI they control, while at the same time paying massive hiring bonuses for AI 'talent'.
If you wanted an example of how Big Tech is a mechanism for the concentration of wealth, this would be it (but of course by no means the first indication or example of that trend).
#AI #inequality
https://observer.co.uk/news/columnists/article/paying-geeks-200m-but-slashing-jobs-this-is-what-an-ai-bubble-looks-like