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AI Is Too Big to Fail

sibylline.dev

1–10 of 140 posts

Re: AI Is Too Big to Fail

#3
If it wasn't for AI investments, it's likely the United States would be in a recession right now.

So the biggest achievement of this amazing new technology is to artificially prop up Wall Street?

For those who can read the tea leaves --- it's absolutely a bubble --- a financial bubble.

The real reason why China is ahead in many areas is because their leadership is a little more technologically savvy and progressive than ours.

If this really is a pre-war economy, we have invested heavily in unproven tech which in my opinion is a risky move that leaves the US highly vulnerable.

Re: AI Is Too Big to Fail

#5

If it wasn't for AI investments, it's likely the United States would be in a recession right now. So the biggest achievement of this amazing new technology is to artificially prop up Wall Street? For those who can read the tea leaves --- it's absolutely a bubble --- a financial bubble. The real reason why China is ahead in many areas is because their leadership is a little more technologically savvy and progressive t…

If this is a pre-war economy, the US is screwed not because of AI but because we started a stupid trade war that's going to cut us off of our supply of dysprosium which is critical for defense manufacturing.

Re: AI Is Too Big to Fail

#6
> Demand that the titans of tech change, and if they don't, stop feeding them your dollars.

Haha okay. Have you met people? Have you seen what they’re using it for? The users of LLMs do not care if they have to pay some of their wages to avoid working and learning. Even if it means they will no longer receives wages (or even close to the same wages) in the long term.

Re: AI Is Too Big to Fail

#8
> Think of it like WWII, only only instead of planting victory gardens to beat the Nazis, we're building AI apps and finding ways to create the economic value needed to cover the reckless bets being made by the elites.

LOL fuck this, the stock market deserves to burn to the ground.

Re: AI Is Too Big to Fail

#10
post #8

> Think of it like WWII, only only instead of planting victory gardens to beat the Nazis, we're building AI apps and finding ways to create the economic value needed to cover the reckless bets being made by the elites. LOL fuck this, the stock market deserves to burn to the ground.

The only problem is that the stock market is tied to a bunch of retirement/pension and other accounts. Yes stock market should burn to the ground but also I think pensioners and retirees shouldn’t be put out, just the finance bros and private equity folks which money is just a plaything.
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