The idea of an invisible workforce missing out on the chance to accrue equity resonated most. The incentives of the unicorn companies mentioned are to automate as much of their supply as possible — reinforcing returns on capital vs labor.
Applies through the fundraising landscape too, where anything “AI for X” raises wildly, while startups in other industries optimize for short term cash flows.
Yes for sure - would really recommend the book "Ghost Work"- I thought it was super insightful read that shows how the invisible workforce is exploited in the creation of AI itself
The idea of an invisible workforce missing out on the chance to accrue equity resonated most. The incentives of the unicorn companies mentioned are to automate as much of their supply as possible — reinforcing returns on capital vs labor.
Applies through the fundraising landscape too, where anything “AI for X” raises wildly, while startups in other industries optimize for short term cash flows.
Yes for sure - would really recommend the book "Ghost Work"- I thought it was super insightful read that shows how the invisible workforce is exploited in the creation of AI itself
Glad it resonated!