Topic: tech monopolies
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Software Engineer Job Crisis? Sridhar Vembu Warns of Power Shift
That’s the blunt future envisioned by Zoho founder Sridhar Vembu, who says the real threat from AI isn’t mass unemployment, but a broken economic system that could let tech monopolies hoard all the gains. AdvertisementRelated ArticlesIn a post on X, Vembu tackled the doomsday scenario of full AI-driven software automation. The few human-centered jobs left — from caregiving to agriculture — become the new high-paying work, because people will still value what machines can’t replicate. The… — Srid...
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TikTok's Freedom Edition: What You Need to Know
A tentative agreement has been reached for the sale of TikTok's US operations to a consortium of investors, though final approval from the Chinese government is still pending, with the US government not holding a stake in the new entity. TikTok's value is seen in its user base and data by investo...
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Taiwan's Cute Cashless Payment Revolution
Taiwan has developed a unique, decentralized cashless payment ecosystem that layers NFC cards and mobile wallets over a network of convenience stores and public transit, distinct from centralized models elsewhere. The system is characterized by collectible, functional keychains that serve as paym...
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