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AI isn't just another tech revolution—it could transform capitalism beyond recognition
3+ mon, 3+ week ago (618+ words) Two centuries and a half ago, Adam Smith used the example of a pin factory in The Wealth of Nations to explain how capitalism uses division of labour to boost productivity by splitting production into specialized tasks done by workers…...
Graduating students may ‘boo’ every mention of AI but still need timeless advice as jobs turn scarce
3+ mon, 4+ week ago (624+ words) As boos rang out among the audience of University of Central Florida (UCF) graduates, commencement speaker Gloria Caulfield turned to the faculty staff behind her to ask what had happened. Then it dawned on her: She had mentioned artificial intelligence…...
Who is Devendra Singh Chaplot? IIT Bombay alum joins xAI to build superintelligence, welcomed by Elon Musk | Company Business News
5+ mon, 4+ week ago (402+ words) Devendra Singh Chaplot, an Indian AI researcher and robotics expert, announced that he is joining SpaceX and xAI to team to build superintelligence. He said he will work directly under Elon Musk. In a viral X post, Chaplot wrote: “I'm…...
Doom scroll: Just how hard will artificial intelligence hit the business models of IT service companies?
6+ mon, 2+ week ago (136+ words) Mint Doom scroll: Just how hard will artificial intelligence hit the business models of IT service companies? This is a Mint Premium article gifted to you. Big Tech’s acceleration of Agentic AI hangs like a sword of Damocles over traditional…...
AI is causing a memory shortage. Why producers aren’t rushing.
8+ mon, 1+ day ago (434+ words) The world needs a lot more memory chips and hard drives. The companies making those products have very good reasons not to rush the job. Tight supply is driving up prices and sharply boosting revenue and earnings for memory producers....
AI dissonance: Politics over artificial intelligence is a phenomenon that can’t be wished away
8+ mon, 2+ week ago (892+ words) is the last episode of General Disequilibrium for 2025. Looking through a foggy windscreen, it seems like the approaching 2026 season will be dominated by politics over artificial intelligence (AI). This trend, apart from the polarizing debate over an AI bubble bursting…...