Cathie Wood says AI resource shortages could push earlier efficiency gainsMachine translation

Cathie Wood (ARK CEO and Chief Investment Officer) sees a bright side in the current shortages of power, chips and data center capacity: They are forcing efficiency into AI early. In the tech and telecom bubble, money poured in with little discipline and much of it was wasted, and she expects these limits to make this cycle last longer and end with far less fallout. ---- Full video on "ARK Invest" YouTube channel, (link in comment)

Full video on "ARK Invest" YouTube channel https://t.co/72xKiBYKPt

Cathie Wood blames Anthropic's CEO for the AI backlash and predicts a labor shortage instead of job losses "I think that Anthropic, and and its CEO, Dario, in particular, has caused a lot of these negative headlines. The 10% probability of extinction of humanity within the next decade, massive job losses etc. I can't understand why he's been saying it. We don't believe either one of those uh either one of those things or outcomes is true at all. And in fact, we think we're going to be facing a a labor shortage." ---- Full video on "ARK Invest" YouTube channel, (link in comment)