cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
Sure it will burst, 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.
No arguments here
You may or may not be surprised by how many people call me an AI shill for acknowledging that.
I am surprised, I mean fuck AI entirely, but how could it get better? Us plebs will just get more fucked over
If people in general had the economic/historic background knowledge to understand what’s actually coming we wouldn’t be in this situation in the first place.
Unfortunately people are powerless, angry, and grasping at straws with regards to cheering for the AI bubble to burst.