The entire US economy is currently being propped up by growth in the AI/tech sector. And I am convinced that LLMs are fundamentally incapable of delivering on the promises being made by the AI CEOs. That means there is a massive bubble that will eventually burst, probably taking the whole US economy with it.
Let’s say, for sake of argument, that I am a typical American. I work a job for a wage, but I’m mostly living paycheck to paycheck. I have maybe a little savings, and a retirement account with a little bit in it, but certainly not enough that I can retire anytime in the near future.
To what extent is it possible for someone like me, who doesn’t buy into the AI hype, to insulate themselves from the negative impact of the eventual collapse?
You act like billionaires are some smooth brained Neanderthals who will lose their mind in a few days if they can’t get their favourite smoothy lol
Wen you’re accustomed to privilege equality feels like oppression. And that’s just for us regular folk. These people live a life of luxury we’ll never understand, and they never get told ‘no’. So yeah, as dumb as it sounds, when you’ve lived a life getting everything you ever want finding out you can’t have that smoothie can have an effect.
I’m not saying that first smoothie would be the trigger point, but the idea is lack of access. Cut off the new sewage drainage from billionaire island. Cut off deliveries of any kind. They’re used to lobster and caviar at the snap of a finger. Kraft Dinner will be unacceptable. Lock them in their utopias and see how long they last.
How long until their smart homes break down and they can’t bring in IT to fix it? These things can absolutely have an effect.