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Especially when you see that the entire economy is leveraged on AI- and will likely cause another gfc (within the silent depression we're already in) “We’re no
by OhioMan2943 1y ago
Especially when you see that the entire economy is leveraged on AI- and will likely cause another gfc (within the silent depression we're already in)
“We’re now locked into a particular version of the market and the future where all roads lead to big tech,” says Amba Kak, co-executive director of the AI Now Institute, which studies AI development and policy. Indeed, the success of major stock indexes—and perhaps your 401(k)—is resting on the continued growth of AI: Meta, Amazon, and the chipmakers Nvidia and Broadcom have accounted for 60 percent of the S&P 500’s returns this year. "
People wont be able to handle this. Small scale community is the only way to get through what is coming.