Comment by bigbuppo
1 day ago
The other big worry is, what if it just doesn't do what is promised and these trillions of dollars that were spent assuming magic would happen were all for nothing? I mean, other than to make a handful of extremely wealthy individuals even more wealthy at the expense of everyone's retirement funds.
I don't see what the big worry is unless you're heavily invested. Plenty of investments go bust.
Did you see the news about the shennanigans of the SpaceXaiXsocialmediasite IPO and the consequences of that?
Because of the huge amounts involved.
As people have pointed out - this also happened during the DotCom bust. Eventually all that infra got used.
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Sounds like that other great destroyer of lives and capital - war.
> The other big worry is, what if it just doesn't do what is promised and these trillions of dollars that were spent assuming magic would happen were all for nothing?
Honestly? That's the best case scenario for humanity.
When AI can replace knowledge-based work, capital has no need for humans anymore. That's almost an ELE.