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Dario Amodei: AI could revolutionize GDP growth, potentially pushing developed economies to 10-15% growth annually. This unprecedented technological advancement may bring growth rates far beyond historical norms.

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21,404 次观看 • 5 个月前 •via X (Twitter)

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🚨 Anthropic CEO Dario Amodei Predicts AI Leading to a 10% Unemployment Rate “The signature of this technology is it's going to take us to a world where we have very high GDP growth, and potentially also very high unemployment and inequality.”

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The difference between the respective GDP growth rates of China & India is indicative of the economic policies pursued. Despite the two economies starting at par, China overtook India soon, while India suffered due to socialist mindset-driven economic missteps. India's outpacing of China is also telling. Once the fledgling indicators of this once 'fragile five' economy were fixed - via digitization, financialization, formalization & opening up of the economy - India's growth outpaced that of China. All of this could've been done much sooner. The 5X gap in the respective per capita incomes of the two countries wasn't a default setting. Our old policies got us here & our new policies can fix this problem too.

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$ORCL is early to one of the largest AI infrastructure buildouts in the world. If OCI keeps growing near these rates, cloud growth accelerates above 50% and customer prepayments reduce the funding burden then this selloff may eventually look like the painful funding phase before the harvest phase. Oracle now has to prove that massive AI demand can become massive shareholder value without too much dilution.

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661,057 次观看 • 2 个月前