Ed Bastian (Delta Air Lines): “Sometimes, if you have to make big decisions, you haven’t been making the right decisions all along. It’s far more important to be making timely decisions as you go and have a strategy that you’re aligned with. And if you have to course-correct, if you have to tweak, you can do it without having to disrupt the organization.”
Yuval Noah Harari: “One of the miracles of the international systems of recent decades — and this is not about writing pacifist poetry, it’s about government budgets: You look at the budgets, and you see that on average, in the early 21st century, about 6 to 7 percent of the government budget went to defense, to the military, compared with 10 percent on average that went to health care. It’s the first time in history that humanity spent more on health care than on defense. They felt more secure than in any previous time in history because there was this taboo on invading and conquering other countries by force. If we now break this taboo, it will force everybody to arm themselves to the teeth at the expense of health care, education, welfare and so forth — and nobody will feel safer as a result.”
WSJ: “Here comes the Class of AI, the most AI-native group of graduates to enter the workforce—a cohort employers are already trying to figure out what to do with. They started college just a few months before ChatGPT splashed into the world. They’re leaving as AI rapidly shakes up the entry-level jobs that were once thought of as solid career launchpads. More than their predecessors, they have an innate versatility with the fast-evolving technology and little deference for the notion they have to pay their dues with repetitive grunt work. In a recent Gallup-Lumina Foundation survey of nearly 6,000 Americans, 22% of 18- to 24-year-olds with two- or four-year degrees said they felt “very prepared” to compete in an AI-shaped job market, more than for any other age group. “We’re asking for an entire workforce to reskill, but really, only new grads have had the tools to have that exposure,” said Allison Shrivastava.”
FT: “A quarter of a century ago, the internet revolution was defined by companies that could conquer the world with relatively little capital. Software groups scaled at extraordinary speed without needing factories, power plants or vast physical infrastructure beyond logistics hubs and cellphone towers. The AI revolution is overturning that model. Winning now requires immense scale: chips, energy, fibre networks, data centres and financing measured not in billions, but trillions of dollars.”
