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Kyle Montanio
Kyle Montanio
@FantasticalEconomics@mas.to  ·  activity timestamp 3 weeks ago

Just in case you needed another reason to hate #AI.

"A stock market boom in artificial intelligence companies has added more than half a trillion dollars to the wealth of America’s tech barons in the past year, data shows."

The AI hype trainers will claim this tech will lead to a utopia of equality with no one needing to work; don't believe them. This is the mere tip of the iceberg of AI turbocharging already exorbitant #inequality.

https://www.theguardian.com/business/2025/dec/26/ai-boom-adds-more-than-half-a-trillion-dollars-to-wealth-of-us-tech-barons-in-2025

#economics

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