Wednesday, August 30, 2023

C*A*U*G*H*T | SNEAK PEEK | A Stan Original Series.

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BLOOMBERG BYTES --- Why AI Is Sucking Up the World’s Wealth . . . . the richest 10% already hold 85.4% of global net financial assets

  Why it structurally shifts wealth from labor to capital The mechanism economists point to: AI raises the capital share of income relative...