Aug 11, 2025

AI's Paradox: Boom Times for Billionaires, Bust Times for Workers?

"Every man is worth just as much as the things he values." - Epictetus

GPT-5: Overdue, Overhyped, and Underwhelming - Garymarcus.substack.com
This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession - Fortune
Nvidia, AMD to Pay US 15% of China AI Chip Sales in Unusual Move - Bloomberg.com
Intel CEO Singled Out by Trump for White House Visit - Wsj.com
Aol Discontinues Dial-Up Internet - Pcgamer.com
Computer Science Grads Struggle to Find Jobs in the A.I. Age - The New York Times
AI is creating new billionaires at a record pace - CNBC
Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China - The Wall Street Journal
Zetrix Unveils an AI Chatbot for Muslims With DeepSeek Knowhow - Bloomberg.com
AI tools used by English councils downplay women’s health issues, study finds - The Guardian
Apple App Intents: Voice Control Feature for Siri Apps in iOS 17 - Bloomberg.com
Product 799049c8 - Bigtechnology.com
Rumble weighs near $1.2 billion bid for German AI cloud firm Northern Data - Reuters
OpenAI brings back fan-favorite GPT-4 after a massive user revolt - Gizmodo.com
Figma's CEO Says AI Is Empowering 'Generalist Behavior' - Business Insider
New chatbot on Trump’s Truth Social platform keeps contradicting him - The Washington Post
Exclusive | Billions Flow to New Hedge Funds Focused on AI-Related Bets - WSJ - The Wall Street Journal
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China - The New York Times

Oil Dips on Russia Talks, Bitcoin Near Record High: Markets Wrap - Bloomberg.com
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