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AI will reduce workforce, say 41% of execs in a survey
(www.theregister.com)
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this post was submitted on 07 Apr 2024
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If they gain decent market share, they will be bought by one of the two or three companies that owns the entirety of that manufacturing category. If they don't, the incumbents will lower prices until the new thing is out of business. In either case, the prices bounce back, and even increase because of "inflation."
Always be competition if the profit margin is large