Thursday, August 31, 2023

U.S. Restricts Advanced Nvidia AI Chips Sales to Middle East | TaiwanPlu...

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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...