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The Negative Sum of AI
When PCs first came out in the 1980s, we were told about how companies would get more profitable because you could now use PCs to reduce the number of people working at your company. Turned out not to be true. Companies didn't come out as more profitable. What we promised is this will cut costs, increase profits, everybody better on. But it's not a competitive advantage. And I'm not sure that means that anybody walks away with an advantage from this space.