DON'T PIVOT INTO AI RESEARCH

Summary from the TLDR newsletter

Chip design used to be a high-profile role, with the most famous chip designers viewed similarly to how famous machine learning researchers are seen today. Many students flocked to the industry as the number of chip companies boomed and the field was in demand. However, as market dynamics changed, the supply of hardware engineers grew too high. The high capital costs for chip manufacturing drove the number of employers down to a handful of major chip makers. The field of AI research will likely play out the same way.