Big Tech laid off 100,000 people this year and built $32 trillion in data centers. The servers got the jobs. They don't unionize and they don't cry in the parking lot.
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SpaceX went public, raised $75 billion, and Elon Musk became the first trillionaire. A trillion dollars. That's enough to buy every house in Detroit and still have $999 billion, which is the same as not buying them.
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SpaceX is worth $1.77 trillion. The company that wants to leave the planet finally got the money to do it, and the rest of us are the security deposit.
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Chinese AI is cheaper and almost as good. So the thing replacing you is getting replaced by something cheaper. It's layoffs all the way down.
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Musk is a trillionaire. Somewhere a billionaire just felt poor for the first time, and that's the only joy this story contains.
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Alex Gibney's Musk documentary premiered in Venice at nearly four hours. Four hours. The man's already bought a social network, a government, and a trillion dollars. Now he's taken a whole afternoon.
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