3 ms·

How exactly is AI crashing the economy....? Do you walk around with these beliefs every day?

• jcgrillo 1y ago
  when bubbles burst crashes follow. this is a colossal bubble. i do walk around with that belief every day, because every day that passes is yet another day when this overblown AI hype bullshit fails to deliver the goods.
  • rockemsockem 1y ago
    So you think the entire perceived value of AI will be wiped out. I think we probably are in a bubble, but much like housing bubbles in major metro areas, the value is real and so the bubble is on top of that real value vs being 100% synthetic.
    • jcgrillo 1y ago
      Yes, because big market crashes don't just impact the previously inflated sectors. They hurt all the sectors. So the wipeout could easily exceed the current perceived value of AI.
      • rockemsockem 1y ago
        Okay that at least makes sense to me. IMO it's also clearly wrong, because I think even if you believe most of AI is hype you must see the value that a lot of people are getting from it, like the housing market example I gave. Appreciate you explaining your perspective!