The haves and have-nots of the AI ​​gold rush

2 Min Read
2 Min Read

In response to a prolonged social media submit by Deedy Das, a companion at Menlo Ventures, the present temper across the AI ​​growth will not be nice, even within the tech business.

Das known as San Francisco “fairly sizzling proper now” and stated “the cut up in outcomes is the worst I’ve ever seen.”

Utilizing “background AI calculations,” he predicted that about 10,000 individuals, together with founders and workers of corporations like OpenAI, Anthropic, and Nvidia, could have “retirement property of effectively over $20 million,” whereas everybody else worries that “even when you might work a high-paying (however lower than $500,000) job for the remainder of your life, you will by no means get there.”

What’s extra, “attrition is in full swing” and “many software program engineers really feel their life expertise are not related,” resulting in confusion about one of the best profession path and “a deep sense of malaise about work (and its future),” Das stated.

This drew consideration to X, with entrepreneur Deva Hazarika claiming that “most people on this submit” are “extremely fortunate and capable of make the selection to be completely satisfied.”

One other consumer recommended that it is “fairly novel and a bit troubling” that “the identical expertise is each a lottery ticket and a setback prey” within the present cycle.

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