Perspective.

https://www.cnbc.com/2023/06/23/the-ai-spending-boom-is-spreading-far-beyond-big-tech-companies.html

A.I. is now the biggest spend for nearly 50% of top tech executives across the economy: CNBC survey

In a signal of just how quickly and widely the artificial intelligence boom is spreading, nearly half of the companies (47%) surveyed by CNBC say that AI is their top priority for tech spending over the next year, and AI budgets are more than double the second-biggest spending area in tech, cloud computing, at 21%.

Perspective.

https://hbr.org/2023/06/companies-that-replace-people-with-ai-will-get-left-behind

Companies That Replace People with AI Will Get Left Behind

After much discussion, the debate over job displacement from artificial intelligence is settling into a consensus. Historically, we’ve never experienced macro-level unemployment from new technologies, so AI is unlikely to make many people jobless in the long term — especially since most advanced countries are now seeing their working-age populations decline. However, because companies are adopting ChatGPT and other generative AI remarkably fast, we may see substantial job displacement in the short term.