Nicole Parsons on Nostr: npub1psdfx…99sr7 The investment in AI isn't for producing content about solar ...
npub1psdfxfpxz2cwmmnsk60y3nqpn2tqh9n24h4hstvfkwvr6eaek9js499sr7 (npub1psd…9sr7)
The investment in AI isn't for producing content about solar eclipses.
So far, it appears to have 3 main purposes.
1. Wall Street hype for scams, just like cryptocurrency with its national security implications.
2. Wage suppression schemes.
Hedge fund managers like Chris Hohn want tech workers to be paid less, and nothing suppresses wage growth better than mass layoffs.
It also thwarts long overdue unionization drives in tech.
https://fortune.com/2023/01/23/christopher-hohn-rishi-sunak-old-boss-tci-fund-management-letter-to-alphabet-sundar-pichai/amp/
3. Automating ...
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The investment in AI isn't for producing content about solar eclipses.
So far, it appears to have 3 main purposes.
1. Wall Street hype for scams, just like cryptocurrency with its national security implications.
2. Wage suppression schemes.
Hedge fund managers like Chris Hohn want tech workers to be paid less, and nothing suppresses wage growth better than mass layoffs.
It also thwarts long overdue unionization drives in tech.
https://fortune.com/2023/01/23/christopher-hohn-rishi-sunak-old-boss-tci-fund-management-letter-to-alphabet-sundar-pichai/amp/
3. Automating ...
1/2