The insane AI push is purely driven by fear of being left behind.
No one is actually stopping to ask whether it is all worth it.
The insane AI push is purely driven by fear of being left behind.
No one is actually stopping to ask whether it is all worth it.
Fully agree!
Companies will go bankrupt, millions of peoples retirement savings will disappear, and many will suffer /die from the economic aftershock…
BUT
The rich will have already realized their dividends / capital gains
The rich will have already purchased the land / property
The rich will already have the data centers / ram / AI
They rich will have their assets and eat ours to
…
The whole system is a kleptocracy and the AI bubble bursting will make late stage capitalism worse not better.