Satya Nadella warns that AI could hollow out entire industries, echoing the damage done by globalization (opens in new tab)

Microsoft CEO Satya Nadella on Sunday laying out what he describes as the defining economic challenge of the AI era: the risk that a handful of frontier models will absorb the expertise of entire industries and commoditize it, leaving businesses stripped of their competitive moats."The last thing any of us want is a world where every company across every sector is ceding value to a few models that eat everything they see," Nadella wrote in the piece, titled "A frontier without an ecosystem is...