Its not a bubble because the economy isnt actually about trade any more, its about power. The people in power now know that control over technology is the name of the game. It doesnt have to have a return on investment, it has to enable control of public opinion and eventually, robots.
America is now one big bet on AI
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Re: America is now one big bet on AI
#12Sloppy opinion piece. Stock market increases are bad because it makes rich people happy, but select US sectors are lagging behind Europe which is somehow also bad. Low immigration resulting in a labor force squeeze is bad, but this is offset by reduced demand because of AI, which is, you guessed it, also bad lol
Bad news sells, especially about leading people/companies/countries.
"${rich_guy} is doomed" will get more clicks than "poor people can now afford 5% more daily protein than last year".
Re: America is now one big bet on AI
#13There is other emerging tech we could be investing in that other economies are doubling-down on. But the Administration has made green energy harder for American companies. And a lot of health tech too is tougher under the current administration. Tarrifs, affordability, etc also hit hard on small businesses, making growth there tough.
Re: America is now one big bet on AI
#14While it's all true, I think it's exciting that there's a country that's not afraid of betting when all the signs point to AI being accerelated. USA already bet on software when it let China overtake manufacturing. Now the only worse thing to betting on AI would be slowing it down inside USA.
This is something I don’t get. The general cost of living is sky rocketing, largely due to this push and some of the population thinks there is prosperity for all on the otherside of the meat processing machine we’re pushing everyone toward.
Groceries are going to get more expensive. Every dollar we spend on over building AI infrastructure is a dollar we never get back.
We could use this money for other things such as healthcare and fixing our broken parts of our education system. Instead people are getting ancy to chat with a summarized version of all the garbage on the internet.
Re: America is now one big bet on AI
#15Sloppy opinion piece. Stock market increases are bad because it makes rich people happy, but select US sectors are lagging behind Europe which is somehow also bad. Low immigration resulting in a labor force squeeze is bad, but this is offset by reduced demand because of AI, which is, you guessed it, also bad lol
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This is deeply, deeply untrue. There is a direct relationship between low unemployment and high inflation.
Re: America is now one big bet on AI
#16A.I. is a clever way to export electricity.
Re: America is now one big bet on AI
#17Its not a bubble because the economy isnt actually about trade any more, its about power. The people in power now know that control over technology is the name of the game. It doesnt have to have a return on investment, it has to enable control of public opinion and eventually, robots.
What if the power gained by AI models is less than expected?
Re: America is now one big bet on AI
#18Its not a bubble because the economy isnt actually about trade any more, its about power. The people in power now know that control over technology is the name of the game. It doesnt have to have a return on investment, it has to enable control of public opinion and eventually, robots.
What if the power gained by AI models is less than expected?
Then we might have to solve our education problems after all.
Re: America is now one big bet on AI
#19Its not a bubble because the economy isnt actually about trade any more, its about power. The people in power now know that control over technology is the name of the game. It doesnt have to have a return on investment, it has to enable control of public opinion and eventually, robots.
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