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AI's Latest Victims: Software Developers

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Thu, Jan 11, 2024 04:00 PM

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The layoffs represent one of the biggest ever... The layoffs represent one of the biggest ever... Â

The layoffs represent one of the biggest ever... The layoffs represent one of the biggest ever...                                                                                                      [Outsider Club Header] Jan 11, 2024 By Alex Koyfman for the Outsider Club AI's Latest Victims: Software Developers Dear Reader, To those of you who were worried that machines were going to replace you at your job, here’s a bit of news that might add some sweetness to the bitter outlook for the human workforce: Among AI’s first victims are workers in the tech sector — specifically, software development. Earlier this week, $8 billion education-tech platform proprietor Duolingo (NASDAQ: DUOL), announced that it had terminated 10% of its contractors due in large part to the growing role played by AI in the software development process. [duolingo] Duolingo, to those unfamiliar, creates and markets mobile app products that teach foreign languages. The layoffs represent one of the biggest ever software payroll downsizings due to increased AI integration, and though it may make some of us tech rubes snicker as if some sort of poetic justice had been administered, the reality may be even bleaker than previously imagined. If this trend in software development continues and AI’s destiny is left more and more to its own devices, the road forward will grow progressively more unpredictable. It’s precisely this effect that futurists and even industrialists who stand to profit unimagineably from this technological revolution, have been warning us about. ***Urgent Investor Alert***YOUR Shot at 2,990% Gains in Just 24 Hours! Imagine banking gains up to 2,990% in just ONE day... Gains like this are possible thanks to a little-known market catalyst that regularly sparks massive one-day stock surges. My system consistently finds these under-the-radar opportunities, offering you the chance to achieve extraordinary returns in just 24 hours. [The next big event is around the corner — learn how to capture these windfalls now.]( The Technological Singularity Might Already Be Here Letting AI take too big of a role in its own evolution is the equivalent of re-inventing the atomic bomb. Once it’s there, it will never go away. AI's course of growth referred to as the "technological singularity" has been the topic of endless discussion both inside and outside the fields of science and engineering. There are, of course, positive scenarios for the arrival of the anthropotechnic age. You may have seen them: Images of people and their intelligent, self-aware inventions living side by side, making life longer, safer and easier for all of humanity. [Of AI by AI] Something tells me few of us harbor realistic hopes that such a world will not be somehow corrupted, co-opted and ultimately sabotaged by the powers that be.  Now, for those who are still in their Terminator mindset and want to know who’s going to be the most responsible for the machine takeover once it happens, I’ve got an answer for you that may come as a surprise. It's Not Cyberdyne... But If Cyberdyne Was Real, It Would Almost Definitely Be a Client It’s not some Silicon Valley based giant or some globally-renown tech brand like Google or Facebook... The company I believe is most responsible for the evolution of AI in all of its expressions is relatively unknown and based thousands of miles from the San Francisco Bay area. Its job is to create AI training algorithms — the software which teaches AI how to think — and its client list includes all of the usual suspects when it comes to modern consumer technology. [URGENT: This Parcel of Land Could Gift You Half a Million Dollars]( [JMT Buried Under the Land Image](In a remote corner of North America, a team of geologists and explorers just found something truly amazing. Mining experts call it the last GREAT gold discovery on Earth. And if you invest in the tiny firm that owns this land — before Big Tech and Wall Street investors catch wind of it on March 31... You could turn $10,000 into over $500,000! [Get the lowdown on this urgent gold opportunity right now.]( Though NDAs prevent the publication of specific names, at least four of the five major tech brands (Alphabet, Meta, Amazon, Microsoft, and Apple) are on this company’s client list. Simply put, they build the tools that others use to build today’s and tomorrow’s AI products, and they do it with a valuation under a quarter billion dollars — a pittance by Silicon Valley standards. In the last year, share prices have rocketed from under $4 to over $15, then plummeted with the collapse of the bubble. Post Bubble Rationality Has Arrived Today, the post bubble growth period for AI has begun in earnest. There's no more hype. No more emotional, crypto-level speculation. Just steady growth for the next couple decades, unless, of course, the machines take over. [Want to learn more about this "foundational" AI play?]( It’s not on the tips of too many tongues on Wall Street yet, but I can tell you for certain that it’s on the minds of managers at today’s most powerful technology companies. As an investor, that’s all that should matter to you. Get all the information you need to start your due diligence. [Access my presentation right here.]( Fortune favors the bold, [alex koyfman Signature] Alex Koyfman [[follow basic]Check us out on YouTube!]( P.S. Today’s article was originally published by our sister publication [Energy and Capital](, which is solely dedicated to helping readers profit from the ever-expanding and ever-changing energy sector. If you would like to receive daily free email investment letters from the editors of Energy and Capital, [simply click here.]( Follow the Outsiders [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy[here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-855-496-0830](tel:/18554960830).

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