"Proclaiming that we live in a tech-centric society understates its saturation. Software, specifically machine learning and AI, coupled with advanced manufacturing has delivered technology to street corners, schools, offices, factories, and even farm fields. This tech, much of it created in Silicon Valley, sits on your wrist, is carried in your pocket, integrated in the movies you watch, and maybe in the music you listen to."
"It has turned its founders, executives, and middle managers into king-like figures, whose wealth and political influence mirrors the Gilded Age. Seven of the top 10 richest people in the world can tie their wealth directly to tech. Amazon co-founder, chairman, and Washington Post owner Jeff Bezos is third, behind just Meta co-founder and CEO Mark Zuckerberg and serial entrepreneur Elon Musk, according to Forbes, which tracks wealth and the people who have it."
"And in this moment, the Bezos-owned Washington Post has gutted its coverage of them and the tech industry at large as part of a sweeping set of layoffs that affected more than 300 people. The team that includes tech, science, health and business was cut by more than half from 80 to 33 people, according to tech reporter Drew Harwell."
"Among those affected include reporters covering Amazon, artificial intelligence, internet culture, and investigations. The newspaper also laid off staff covering the media industry (which had previously reported on Bezos' ownership over their own paper). The Post cut its entire sports bureau and nearly annihilated its foreign reporting teams, including its Middle East desk, and reporters and their editors covering Ukraine, Russia, Iran, Turkey,"
Machine learning, AI, and advanced manufacturing have embedded technology into everyday life, spanning wearables, phones, entertainment, commerce, and agriculture. Tech founders and executives hold concentrated wealth and political influence comparable to the Gilded Age, with seven of the top ten richest people tied directly to technology, including Bezos, Zuckerberg, and Musk. The Bezos-owned Washington Post implemented sweeping layoffs affecting more than 300 people, halving the team that covered tech, science, health, and business and drastically reducing the tech desk and San Francisco bureau. The cuts also eliminated the entire sports bureau and severely reduced foreign reporting and media-industry coverage.
Read at TechCrunch
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