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China’s AI Bottleneck May Be Social Security

Oxford researcher Carl Benedikt Frey argues that China’s biggest obstacle to large-scale AI deployment may be inadequate social protection for workers displaced by automation, not computing power or algorithms. The analysis compares China with historical British welfare systems and Denmark’s flexicurity model, while noting that the cited Chinese incidents do not prove a broad AI crackdown.

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Ramp CEO: AI Spending Surged 21x

Ramp Co-CEO Eric Glyman says companies increased their AI spending nearly 21-fold over the past year. He attributes the surge to AI’s potential returns and concerns about inefficient or excessive employee spending, while highlighting Ramp’s reported $1 billion in savings and $44 billion valuation.

Bloomberg TechnologyMedia1d ago#ai-spending#cost-management#enterprise-ai
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