The tech industry going through a boom and settling back down at a higher place than before isn't the end of the world. They all start merging together soon.
I am more afraid if AI will actually deliver what CEOs are touting. People that are now working will be unemployable and will have to pivot to something else, overcrowding these other sectors and driving wages down.
If that comes to pass you will work the same or more for less money than now.
Basically jump back to a true plutocracy since only a few people will syphon the wealth generated by AI and that wealth will give them substantial temporal power.
> The future is not looking bright at all....
The tech industry going through a boom and settling back down at a higher place than before isn't the end of the world. They all start merging together soon.
I am more afraid if AI will actually deliver what CEOs are touting. People that are now working will be unemployable and will have to pivot to something else, overcrowding these other sectors and driving wages down.
If that comes to pass you will work the same or more for less money than now.
Basically jump back to a true plutocracy since only a few people will syphon the wealth generated by AI and that wealth will give them substantial temporal power.
There has never been an industry that does that consistently (that wasn't government subsidised at least).
We got lucky with the dotcom bubble.
There's no guarantee of anything, and it's totally possible for the industry to collapse and stay that way.
I was expecting to see Mark Baum on the phone saying "hey, we're in a bubble".
As someone in the UK for whom that link is blocked, I wonder if that meme is doubly apt.
> I only have a meme to describe what we are facing https://imgur.com/a/xYbhzTj
I don't recognize that cartoon and there's no audio. I'm going to need help with that one.
Make sure you click the unmute button, imgur mutes by default it seems.
Smiling Friends
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