Honey, AI Capex Is Eating the Economy
The rate of technological progress is slowing. The only major exceptions are semiconductors, DNA sequencing, and communications technology. Side effects of slow growth plague the economy [...] In response, we’ve lowered our efficiency standards.
David Perell • Peter Thiel’s Religion
This type of AI-induced job loss is largely missing from the task-based estimates of the economists. If
Kai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
