When AI Eats the Bottom Rung of the Career Ladder

Ben Lorica and Evangelos Simoudis discuss three critical trends shaping the AI industry: the “Great Hollowing Out” where AI automation is eliminating entry-level positions and disrupting talent pipelines, the financial implications of rapid AI hardware depreciation versus traditional accounting practices, and OpenAI’s shift to router-based model selection as foundation model providers search for sustainable business models.

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Detailed show notes - with links to many references - can be found on The Data Exchange web site.