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by zooq_ai
656 days ago
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It's called 2nd / 3rd order effects. The entire Tech sector was propped up Nvidia and GenAI since Nov 2022. The bloodbath that would have ensued in the Tech sector (depressing salary and accelerating layoffs) would have been unfathomable. If you think the $4 Trillion created in the Tech sector since Nov 2022 didn't affect non-AI people positively, you are naive about how the economy works |
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