The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.
Sorry, forgot about a few. Sam Altman, Sundar Pichai… Honestly, it’d probably be easier to list the white cishet billionaires in tech than it would be to list the exceptions. There’s tons of them outside of tech, probably the majority tbh, but within tech it’s far too diverse.
Don’t forget about the other big players! Jensen Hwang, Lisa Su, Lip-Bu Tan, Satya Nadella, plus the memory cartel (Samsung, SK Hynix, etc.)
This particular war is a class war.
Ah, so, about them…
Sorry, forgot about a few. Sam Altman, Sundar Pichai… Honestly, it’d probably be easier to list the white cishet billionaires in tech than it would be to list the exceptions. There’s tons of them outside of tech, probably the majority tbh, but within tech it’s far too diverse.