Comment by tonyhart7
3 days ago
US gov wouldn't let AI bubble pop, the amount of money in circulation would make the US set back 5+ years and potentially into great depression
the aftermath for tax payer and your 401k would be devastating
3 days ago
US gov wouldn't let AI bubble pop, the amount of money in circulation would make the US set back 5+ years and potentially into great depression
the aftermath for tax payer and your 401k would be devastating
Not saying that you're wrong, but of course if there is a real AI bubble, then "not letting it pop" only escalates the damage when it does eventually pop. The best outcome all-around is for the market to form accurate expectations quite promptly about the real potential and capabilities of AI, regardless of the immediate consequences.
My own wild guess is that this spike in RAM and storage costs is more of a potential drag on the tech sector as a whole than AI companies specifically. Maybe we'll see some systems being reengineered to cut the waste and the technical debt throughout and be a bit leaner and meaner, since that will be making a real difference to the bottom line.
or there is third way, AI company would achieve "near AGI" and "only" eliminated 80% job market