The “what” is inevitable, the “when” is the real unknown. Governments and financiers can delay things for an impressive amount of time but the other shoe must inevitably drop, and often it’s all the worse for the amount of time it was held off.
Man… I don’t know if want is the right word here. I want AI to go away, but I’m not sure I want the bubble to burst. I’ve heard estimates that something like 20% of all VC money went to AI in 2024. That’s a shitload of cash, and if the bubble bursts (which I believe it eventually will) and all that invested money vanishes, the economy is going to crater. Maybe a few rich assholes will be ruined in the aftermath, but the ensuing recession is going to hurt the people at the bottom the most… just like it always does.
It’s hard to look forward to that, even when you hate AI with a searing passion.
I don’t know what to feel about “AI is gonna burst” is the new clickbait title for… like a few months now.
The “what” is inevitable, the “when” is the real unknown. Governments and financiers can delay things for an impressive amount of time but the other shoe must inevitably drop, and often it’s all the worse for the amount of time it was held off.
It’s what lots of people really want to have happen, so headlines that say it’s going to happen are going to be extremely popular.
Man… I don’t know if want is the right word here. I want AI to go away, but I’m not sure I want the bubble to burst. I’ve heard estimates that something like 20% of all VC money went to AI in 2024. That’s a shitload of cash, and if the bubble bursts (which I believe it eventually will) and all that invested money vanishes, the economy is going to crater. Maybe a few rich assholes will be ruined in the aftermath, but the ensuing recession is going to hurt the people at the bottom the most… just like it always does.
It’s hard to look forward to that, even when you hate AI with a searing passion.
Well it’s mostly going directly to the hardware vendors (Nvidia) and infrastructure providers (Amazon AWS, Microsoft Azure, Google Cloud et al.).