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Winners Take All

People vs Algorithms

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Tech Titans and the AI Economy

This chapter explores the powerful role of major tech companies like Meta and Google in shaping the AI landscape and their impressive financial achievements in a competitive market. It discusses the implications of their investments in data infrastructure and energy consumption, while also highlighting emerging risks and changing valuations in the tech sector. Additionally, it examines the diverse perspectives on artificial general intelligence (AGI) and the broader economic impacts of these developments on wealth distribution and productivity.

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