AI failed because humans doing the same (bad) work were cheaper when AI stopped being heavily subsidized.
Just think about it, a technology that automates work fails because humans are cheaper. System was not designed around the idea of humans being the cheapest part of the whole and it shows heavily. Humans were supposed to be this endlessly growing consumer base that works expensive jobs and can afford goods cheaply produced by automation. This did not happen. Population growth stagnated and reversed in many countries, humans became the cheapest part of economy while their purchasing power dwindled.
No system in history ever was built on such assumptions. Hell, even democracy assumed that average person works only so many hours, and spends considerable time a week on getting informed about political issues. Currently democracy is just herding overworked tired people into the voting booth and asks them to vote on something they had neither time nor energy to get informed on.
AI failed because humans doing the same (bad) work were cheaper when AI stopped being heavily subsidized.
Just think about it, a technology that automates work fails because humans are cheaper. System was not designed around the idea of humans being the cheapest part of the whole and it shows heavily. Humans were supposed to be this endlessly growing consumer base that works expensive jobs and can afford goods cheaply produced by automation. This did not happen. Population growth stagnated and reversed in many countries, humans became the cheapest part of economy while their purchasing power dwindled.
No system in history ever was built on such assumptions. Hell, even democracy assumed that average person works only so many hours, and spends considerable time a week on getting informed about political issues. Currently democracy is just herding overworked tired people into the voting booth and asks them to vote on something they had neither time nor energy to get informed on.