Sam Altman’s Shocking AI Warning

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News of the Day

Sam Altman’s Shocking AI Warning

Sam Altman warns of a coming “boom and bust” in the AI industry.

OpenAI’s CEO Sam Altman says the AI market will face big ups and downs, where many investors might lose money. Still, he believes the technology will lead to huge long-term economic growth.

  • Altman said the AI industry will go through cycles of over-investment and under-investment.

  • He gave this warning while visiting OpenAI’s data center in Texas.

  • He believes the current AI hype could affect the global economy if the bubble bursts.

This matters because billions of dollars are now flowing into AI, shaping the world economy. If the industry crashes, it could shake global markets — yet if it succeeds, it may bring a new wave of economic growth.
Read More…

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Social Media

2nd News of the Day

AI Impact On Jobs Is Small

Yale study finds AI has little effect on jobs so far.

AI has not caused major job losses in the U.S. since ChatGPT’s launch, and employment levels remain steady.

  • 33 months of job data were analyzed.

  • High- and medium-risk worker groups saw no drop in jobs.

  • AI’s impact is similar to past tech shifts like computers.

Workers can be somewhat reassured, though AI may still bring future challenges.
Read More…

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