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After the AI Crash

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11–20 of 244 posts

Re: After the AI Crash

#11
post #2

Without AI there is no future US economy. You're all in.

im sure people will continue to want to eat food, live in houses, go on vacation, look at phone, send email, drive car, even if there’s no ai money frothing around

Re: After the AI Crash

#12

When it comes to the AI crash honestly my biggest concern is what is going to happen to the job market during and the years following the crash. Not sure how things are in the rest of the world, but as someone in their early 30s working in the IT industry in Sweden I’ve never seen the market this competitive before, even for mid level and senior roles, and it worries me what the future of employment is going to look…

One of the strong arguments in favor of AI accelerationism is net pain reduction by making the transition period as short as possible. Ideas like “pacing” or a crash and reboot will prolong the inevitable.

Re: After the AI Crash

#13
post #12

When it comes to the AI crash honestly my biggest concern is what is going to happen to the job market during and the years following the crash. Not sure how things are in the rest of the world, but as someone in their early 30s working in the IT industry in Sweden I’ve never seen the market this competitive before, even for mid level and senior roles, and it worries me what the future of employment is going to look…

One of the strong arguments in favor of AI accelerationism is net pain reduction by making the transition period as short as possible. Ideas like “pacing” or a crash and reboot will prolong the inevitable.

What is inevitable?

Re: After the AI Crash

#14
AI investment will crash but AI itself (the technology) will continue thriving, learning, improving and there is absolutely no way to stop it. The only reading on the crystal ball is if US companies fail, China will take the lead by leaps and bounds, so the only solution is to keep pushing the cart until the wheels come off or we all cross the finish line, together.

Re: After the AI Crash

#15
post #2

Without AI there is no future US economy. You're all in.

Eh, the empire aka, protection of free trade as a service is still alive and well with no viable alternative on the horizon. Every other empire is either not free trade or - just plain mercantilism and thus will exploit way more then the quite "idealist" us- trump is just a taste of what the others in power would feel like.

I think the Hormuz saga and how China just quietly stopped importing oil are signs that we are nearing the end of the "free trade as a service" from the US. There are so many aspects of that I do not understand yet: how much oil trade will be done in yuan in the future is one that leads to other question about the current wars and what will happen when those end.

Re: After the AI Crash

#16
post #5

Earlier quoted context omitted.

Eh, the empire aka, protection of free trade as a service is still alive and well with no viable alternative on the horizon. Every other empire is either not free trade or - just plain mercantilism and thus will exploit way more then the quite "idealist" us- trump is just a taste of what the others in power would feel like.

Without AI the Chinese have won already. If you haven't noticed it's because you've stayed too close to the homeland.

China won already with or without AI. You just did not realize it yet.

The US is in a position where they have to debase the dollar all the way to zero and the Japan carry trade will slowly unwind for the worst as soon as the Bank of Japan (BOJ) begins to increase rates in more than 30 years.

Someone has to pay for all the trillions of dollars of debt for the data center build out that is being hidden from the balance sheets of the big tech companies.

Re: After the AI Crash

#17
post #11
post #2

Without AI there is no future US economy. You're all in.

im sure people will continue to want to eat food, live in houses, go on vacation, look at phone, send email, drive car, even if there’s no ai money frothing around

They can totally print more dollars to spend on things made somewhere else.

Re: After the AI Crash

#18
post #5

Earlier quoted context omitted.

Eh, the empire aka, protection of free trade as a service is still alive and well with no viable alternative on the horizon. Every other empire is either not free trade or - just plain mercantilism and thus will exploit way more then the quite "idealist" us- trump is just a taste of what the others in power would feel like.

Without AI the Chinese have won already. If you haven't noticed it's because you've stayed too close to the homeland.

With AI the Chinese have also won.

Re: After the AI Crash

#19
post #12

Earlier quoted context omitted.

One of the strong arguments in favor of AI accelerationism is net pain reduction by making the transition period as short as possible. Ideas like “pacing” or a crash and reboot will prolong the inevitable.

What is inevitable?

That all persons doing intellectual work die of hunger as they cannot find a job. At least that's how I understand what the parent commenter is implying. They say that all people doing intellectual work better die quickly so they don't suffer a long 'transition period' to inevitably being dead of hunger.

Re: After the AI Crash

#20
post #12

Earlier quoted context omitted.

One of the strong arguments in favor of AI accelerationism is net pain reduction by making the transition period as short as possible. Ideas like “pacing” or a crash and reboot will prolong the inevitable.

What is inevitable?

The pacing and the prolonging, obviously!
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