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The haves and have nots of the AI gold rush

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The vibes around the current AI boom aren’t great, even in the tech industry, according to a lengthy social media post from Menlo Ventures partner Deedy Das. 

Das described San Francisco as “pretty frenetic right now,” as “the divide in outcomes is the worst I’ve ever seen.”

Using a “back of the envelope AI calculation,” he projected that there are around 10,000 people — founders and employees at companies like OpenAI, Anthropic, and Nvidia — that have “hit retirement wealth of well above $20M,” while everyone else worries “they can work their well-paying (but

Plus, “layoffs are in full swing,” and “many software engineers feel that their life’s skill is no longer useful,” leading to confusion about the best career paths and “a deep malaise about work (and its future),” Das said. 

This prompted some eye-rolling on X, with entrepreneur Deva Hazarika arguing that “most of the people in this post” are “incredibly fortunate and can simply make a choice to be happy.”

Another user suggested it’s “pretty damn novel & also kinda nasty” that in the current cycle, “the same technology is both the lottery ticket & the thing eating your fallback.”

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2027: ‘He uses threat to life’ – Presidency reveals Peter Obi’s latest political strategy

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The Presidency has described as ‘palpable’ the latest strategy of the Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, involving his supporters, the Obideient Movement ahead of the 2027 general elections.

The Special Adviser to President Bola Tinubu on Media and Public Communications, Daniel Bwala, in a post on his verified X handle on Saturday, accused Obi of using repeated claims about threats to his life as part of a political strategy.

Bwala made the allegation in reaction to Obi’s recent remarks in Berlin, Germany, where he claimed there had been an attempt on his life during a planned visit to Benue State in April 2025.

The president’s spokesman dismissed Obi’s claims and argued that they followed what he described as a pattern of making similar allegations.

“The desperation of Peter Obi is palpable. He recently travelled to Europe and was quoted to have alleged that the Governor of Benue wanted to kill him. Imagine lies from someone who said he wants to govern a country like Nigeria,” Bwala wrote.

Bwala equally referred to the recent controversy surrounding Obi’s claims of intimidation at Nigerian airports.

According to him, the former Anambra State governor had wrongly accused airport authorities after allegedly violating airport traffic regulations, suggesting that Obi’s latest allegation about his safety was intended to mobilise members of the Obidient Movement against political opponents.

“The other day he falsely accused airport officials of threatening his life when in fact he violated airport traffic rules.

“Lately his new found allegation on life may appear to be his strategy to use his Obidient movement to threaten people’s life like they have been doing on us,” he added.

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5 Days to Go: Can Team Nigeria Strike Commonwealth Gold First in Glasgow?

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With just five days until the opening of the Glasgow 2026 Commonwealth Games, attention is already turning to the event that could deliver Nigeria’s first golden moment—and perhaps the first gold medal of the entire Games.

When competition begins on Friday, July 24, all eyes will be on the SEC Armadillo, where Para Powerlifting will crown the first champions of Glasgow 2026. Among the athletes expected to light up the competition is Nigeria’s celebrated para powerlifting star, Folashade Oluwafemiayo, who will once again carry the nation’s hopes on one of the biggest stages in world sport.

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For Team Nigeria, the mission is clear: start strong, win early, and set the tone for what the National Sports Commission (NSC) believes can be a historic Commonwealth Games campaign.

Para Powerlifting will produce the first gold medal of the Games, with competition spread across two sessions featuring some of the world’s strongest para athletes. Nigeria enters the event with confidence, having built an enviable reputation as one of the Commonwealth’s leading para powerlifting nations.

Oluwafemiayo, a multiple-time world champion and one of Nigeria’s most decorated para athletes, is widely tipped as one of the favourites to mount the podium once again. Her experience, consistency and dominance have made her one of Team Nigeria’s brightest medal prospects.

The sport has become one of Nigeria’s greatest success stories at international competitions, with the country’s para athletes consistently proving that determination, discipline and resilience can overcome every challenge.

To further inspire the athletes, the National Sports Commission has unveiled an enhanced performance reward package ahead of the Games.

Under the incentive programme, every Nigerian athlete who wins a gold medal will receive an instant cash reward of $3,000, while silver and bronze medalists will earn $2,000 and $1,000, respectively. Medal-winning coaches will also receive matching incentives.

Beyond the immediate rewards, the Federal Government has approved additional performance bonuses of $5,000 for gold, $3,000 for silver, and $2,000 for bronze, to be paid directly into the athletes’ bank accounts—another demonstration of its commitment to rewarding excellence and encouraging podium performances.

With Team Nigeria targeting 20 gold medals in Glasgow, a golden start in Para Powerlifting would not only boost morale but also provide the perfect launchpad for the rest of the delegation.

The countdown continues.

In just five days, Nigeria’s pursuit of Commonwealth glory begins where strength meets determination.

Will the Green and White celebrate the first gold medal of Glasgow 2026?

The answer is only days away.

5 Days to Go. One Team. One Nation. One Golden Mission. 🇳🇬🏅

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