The AI ​​lesson Atlassian’s Cannon-Brookes doesn’t want to hear

Atlassian’s co-founders, both apparently long-time supporters of complete freedom from regulation in technology, are now faced with AI posing a serious threat to their business.

What should we make of this when we think about policies for AI and Big Tech? The answer depends on whether we are witnessing real “creative destruction” and thus productivity increases, or whether it is primarily economic rent extraction.

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