According to Menlo Ventures partner Deedy Das, about 10,000 people in Silicon Valley have amassed fortunes of over $20 million thanks to the AI boom at Anthropic, OpenAI, xAI, Meta, and Nvidia. Everyone else feels left behind. Middle management feels hollowed out. Even the winners struggle with a "profound lack of purpose."

According to Menlo Ventures partner Deedy Das, about 10,000 people in Silicon Valley have amassed fortunes of over $20 million thanks to the AI boom at Anthropic, OpenAI, xAI,…

The vibes around the current AI boom aren't great, even in the tech industry.

Indian-origin venture capitalist Deedy Das has painted a bleak picture of life inside San Francisco’s AI boom, referring to the widening wealth gap | Trending

More money, more problems, as they say. Menlo Ventures partner Deedy Das paints a bleak picture of the mood in Silicon Valley right now.