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It’s also interesting because the whole SV model assumes demand which goes way down if a genuine AI enters the market and starts cutting into middle class jobs.
by acdha 9mo ago
It’s also interesting because the whole SV model assumes demand which goes way down if a genuine AI enters the market and starts cutting into middle class jobs. There aren’t many ads targeting low-wage workers, not nearly enough to support the tech sector.
- goku12 9mo agoThey either lack that foresight and are completely oblivious of that limitation (the Dunning-Kruger effect), or they're lying shamelessly to manipulate the market in the hopes cashing out in the end, sort of like a pump-and-dump scheme or a pyramid scheme. Based on many of their track records I wouldn't be too surprised if both effects are at play, reinforcing each other.