The haves and have nots of the AI gold rush
The vibes around the current AI boom aren’t great, even in the tech industry, according to a lengthy social media post from Menlo Ventures partner Deedy Das.
Das described San Francisco as “pretty frenetic right now,” as “the divide in outcomes is the worst I’ve ever seen.”
Using a “back of the envelope AI calculation,” he projected that there are around 10,000 people — founders and employees at companies like OpenAI, Anthropic, and Nvidia — that have “hit retirement wealth of well above $20M,” while everyone else worries “they can work their well-paying (but <$500k) job for their whole life and never get there.”
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State of the business model | Copyright and intellectual property
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