Pat Gelsinger and Naveen Rao: we’ve seen Silicon Valley move fast and break things, but consider the math of where we’re headed

We Work In AI.

We’ve Seen It Eliminate Jobs.

We’ve Also Seen It Create More Jobs Silicon Valley used to encourage one another to “move fast and break things.” Then we broke everything.

And people started to get angry.

Every major tech change throughout history has caused painful disruption.

Farm families are still suffering from the effects of the Industrial Revolution, which occurred more than a century ago.

Absorbing each new technological onslaught has taken society a lot of time, but at least it also took a while for the innovations to fully infiltrate the economy.

Not this time.

The AI transition is being compressed into a few years.

People are logically panicked about their jobs being replaced by machines, just like the men who destroyed factories and left notes from the fictional Ned Ludd, thereby launching the Luddite movement.

But here’s the thing, every technology disruption, every one over history, has created more jobs than it destroys.

And we have good reason to believe that the AI Revolution will do the same.

Between the two of us, we’ve been in the technology industry for over 70 years.

Most of that time is from Pat, who joined Intel at 18, became its CEO, and now is a General Partner at a venture capital firm that invests in deep tech.