We tend to think that markets reflect consumer choice. But the artificial-intelligence boom has been powered by the investment decisions of concentrated capital rather than by consumer demand.
My mother was a school teacher - not a great salary, but time off in the summers. Some summers she would do cold-call sales, because it was the only income she could make while still taking care of us in the home because we, too, were out of school. She couldn’t stand the work, only did it a few summers, but the choice came down to that, or less meat on the table.
My mother was a school teacher - not a great salary, but time off in the summers. Some summers she would do cold-call sales, because it was the only income she could make while still taking care of us in the home because we, too, were out of school. She couldn’t stand the work, only did it a few summers, but the choice came down to that, or less meat on the table.