Is on-premise the new cloud?
I’m beginning to think yes.
It’s the only way for companies to not blow themselves up and have some semblance of capability in an AI world…
Jonathan Ross, Founder and CEO of AI chip company Groq, offers a contrarian view: AI won't destroy jobs, it will create a labour shortage.
He outlines three things that will happen because of AI:
First, massive deflationary pressure.
"This cup of coffee is going to cost less. Your housing is going to cost less. Everything is going to cost less."
He explains this will happen through robots farming coffee more efficiently and better supply chain management, meaning people will need less money.
Second, people will opt out of the economy.
"They're going to work fewer hours. They're going to work fewer days a week, and they're going to work fewer years. They're going to retire earlier because they're going to be able to support their lifestyle working less."
Third, entirely new jobs and industries will emerge.
Jonathan points to history as evidence:
"Think about 100 years ago. 98% of the workforce in the United States was in agriculture. When we were able to reduce that to 2%, we found things for those other 98% of the population to do."
He continues:
"The jobs that are going to exist 100 years from now, we can't even contemplate."
Software developers didn't exist a century ago. In another century, they won't exist either, "because everyone's going to be vibe coding."
The same applies to influencers, a career that would have been unthinkable 100 years ago but now earns people millions.
His conclusion: deflationary pressure, workforce opt-outs, and new industries we can't yet imagine will combine to create one outcome...
"We're not going to have enough people."
Pound for Pound @scottzolak is the best announcer in football. I LOVE how his announcer style is just madman Pats fan and announcing is second to genuine reactions. Bring on Houston and their Letterman jackets!
"It's been an indescribable moment in our family. We're just so elated for him."
Mickey Gasper's parents, Mick Sr. and Livia, on watching their son play in the big leagues.
#RedSox | @TomCaron