I mean as in living through the industrial revolution would have been wild. So whether we have an AI revolution or an AI bubble it's bound to be a roller coaster.
And that's without accounting for the various wars (and resultant economic impacts) that are already in progress. A large part of what drove the meat grinder of WWI was (very approximately) the various actors repeatedly misjudging the overall situation and being overly enthusiastic to try out their shiny new weapons systems. If one or more superpowers decide to have a showdown the only thing that might minimize loss of life this time around is (ironically enough) the rise of autonomous weapons systems. Even in that case as we know from WWII the logical outcome is a decimated economy and manufacturing sector regardless of anything else that might happen.
What strategic merit is there in targeting civilians or life critical infrastructure in a fully automated battlebot scenario? Perhaps it's naive but I would expect stockpiles, datacenters, and any key infrastructure on which the local semiconductor fabrication depends to be the primary targets.
Bubbles like the AI bubble are a game theoretic outcome of a revolution. Many players invest heavily to avoid losing, but as a whole the market over invests. This leads to a bubble.
I mean as in living through the industrial revolution would have been wild. So whether we have an AI revolution or an AI bubble it's bound to be a roller coaster.
And that's without accounting for the various wars (and resultant economic impacts) that are already in progress. A large part of what drove the meat grinder of WWI was (very approximately) the various actors repeatedly misjudging the overall situation and being overly enthusiastic to try out their shiny new weapons systems. If one or more superpowers decide to have a showdown the only thing that might minimize loss of life this time around is (ironically enough) the rise of autonomous weapons systems. Even in that case as we know from WWII the logical outcome is a decimated economy and manufacturing sector regardless of anything else that might happen.
> minimize loss of life this time around is (ironically enough) the rise of autonomous weapons systems
I think that just means the relative civilian loss of life will increase once again.
What strategic merit is there in targeting civilians or life critical infrastructure in a fully automated battlebot scenario? Perhaps it's naive but I would expect stockpiles, datacenters, and any key infrastructure on which the local semiconductor fabrication depends to be the primary targets.
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Bubble or revolution - not a dichotomy.
Bubbles like the AI bubble are a game theoretic outcome of a revolution. Many players invest heavily to avoid losing, but as a whole the market over invests. This leads to a bubble.
Imagine you're a typesetter and they just invented computerized printing.