The AI angle feels like a sideshow. If a Berkeley math professor says her students are five to eight years behind, the urgent question isn’t whether she used an editor — human or machine — but whether the admissions policy is putting unprepared students into courses they can’t succeed in. Argue with her data, not her spellcheck.
Many local restaurants are getting tired of the high fees and offer discounts for cash. I've started using cash much more often myself. The banking industry is out of control. Increased profits is not always a good thing. There are times that a business sector needs to shrink.
Original: smaller companies would come out of nowhere and eat the lunch of more established players by out-innovating them.
Comment: That is actually what is happening right now. You are just to blind to see it.
Examples not statements!
Crypto has enabled fraud on an unprecedented massive level and not done much else other than divert capital from the poorer social classes that should have gone into productive investments. It should have been shut down decades ago.