"Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled to $14.2 trillion. Now their combined wealth totals $20.1 trillion — an amount that is equivalent to nearly a fifth of the entire world’s total yearly output." (via @nytimes.com)
The artificial intelligence boom has funneled trillions of dollars of capital investment into a handful of tech companies.