4min chapter

Channels with Peter Kafka cover image

Why is tech in trouble if the economy is ok?

Channels with Peter Kafka

CHAPTER

The Curse of Bigness

There is palpable excitement for what's going on in AI right now. Facebook has spent tens, if not hundreds of millions of dollars building up their AI bench internally working on it. The Biden administration clearly said we want you to stop getting big and instead of waiting for you to get big they're trying to punish you after the fact. GPT: Does that excitement help sort of soothe out the contractions that have been laid off by 66,000 people this year?

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