@cnbc: Chang Yong Rhee, the former Bank of Korea Governor, says the AI revolution is capital-intensive instead of labor-intensive, which could widen inequality. He also talks about the volatility of South Korean stock markets due to the exposure of semiconductor stocks, and the growing competition from China’s chip manufacturers. ⠀ Click on the #linkinbio for the full video.
The upside for small businesses is that the heavy spending is done by the big labs, so the tools get cheaper for everyone else. Owners can rent that for a few dollars and point it at one costly task.
2026-10-20 17:59:13
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