Satya Nadella warns that AI could hollow out entire industries, echoing the damage done by globalization

Microsoft CEO Satya Nadella published a sweeping essay on Sunday laying out what he describes as the defining economic challenge of the AI era: the risk that a handful of frontier models will absorb the expertise of entire industries and commoditize it, leaving businesses stripped of their competitive moats."The last thing any of us want is a world where every company across every sector is ceding value to a few models that eat everything they see," Nadella wrote in the piece, titled &...