#sanfranciscotech

AI Boom Widens Wealth Gap

The current AI boom in San Francisco has created a significant wealth divide, according to Menlo Ventures partner Deedy Das 📊. Around 10,000 people, including founders and employees at companies like OpenAI and Nvidia, have achieved "retirement wealth of well above $20M," while others are left worrying about their financial futures 🤖. What do you think is the most pressing issue that needs to be addressed to mitigate the effects of this wealth divide?

AI Boom Widens Wealth Gap

The current AI boom in San Francisco has created a significant wealth divide, according to Menlo Ventures partner Deedy Das 🤖💸. Das estimates that around 10,000 people, including founders and employees at companies like OpenAI and Nvidia, have achieved "retirement wealth of well above $20M," while others are left worrying about their financial futures. This disparity has sparked a reaction, with some arguing that most people in the post are "incredibly fortunate" and can choose to be happy. What do you think is the most pressing issue arising from the AI boom: job displacement or wealth inequality?

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