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#126 - few have tried ChatGPT, Baidu’s $145M AI fund, AI job culling, OpenAI grant program

Last Week in AI

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AI Economic Impact and Job Market Dynamics

This chapter examines the rapid growth of the AI market, projecting it to exceed $1 trillion by 2028, while drawing parallels to the smartphone industry's trajectory. It also addresses the dual effects of AI on employment, highlighting significant job losses alongside the creation of new roles in tech companies. Finally, the chapter explores the financial sustainability of AI technologies and the competitive landscape of AI infrastructure, focusing on companies like CoreWeave.

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