2min chapter

The Compound and Friends cover image

We Are Ready For Prime Time

The Compound and Friends

CHAPTER

The Future of Technology

Alexa, according to Matthew Ball, has 10,000 full time employees in 2022 and is in profitable. He estimates that they lost tens of billions of dollars over the last decade. A lot of what these companies are going to do in terms of positioning for the future is collect as much data as possible. The market didn't agree with it. Punished meta platforms enormously last year. Now he's pivoted to AI, which is going to increase productivity dramatically.

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