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https://freedium.cfd/https://wlockett.medium.com/the-ai-bubble-should-have-never-existed-in-the-first-place-95bddb291e14>
"So much money has been poured into AI that we have effectively bet the entire
economy on its success. That is a
huge problem. Not just because AI is a
fundamentally flawed technology that will never be profitable, never live up to
the speculation, and is creating a debt bomb on a scale never seen before. No,
you see, even if I am wrong and the AI investors are right, we are all still
screwed, as AI will take a huge number of jobs and crash the economy from the
bottom up. It is a moronic lose-lose situation. But it didn't have to be this
way. Hell, it
should never have been this way. If companies had just taken an
iota more responsibility, the ticking economic time bomb that is the AI bubble
would have never happened, and you would be exponentially better off. Let me
explain.
Why does the AI bubble exist? Not the surface speculation, but the actual
structural forces behind it. Well, there are four simple yet devastating
reasons."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
