Chip makers are consolidating and scrambling to retool to meet the demands of virtual reality and the internet of things. The election of Donald Trump highlighted the internet’s power to disseminate false information. Intel announced in April that it would lay off 12,000 people, a whopping 11 percent of its worldwide workforce. The rise of AI has humans worried about being replaced by the rise of artificial intelligence. Qualcomm’s $38 billion deal for NXP Semiconductors was a sign of how the chip industry is consolidating around IoT.”]
Source: https://www.csoonline.com/article/3149097/the-top-10-tech-stories-of-2016-post-pc-post-reality.html