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The reason I think AI is essentially guaranteed to be a bubble is that all the optimistic profit projections and such are predicated on the easy, continuous int
by uejfiweun 6mo ago
The reason I think AI is essentially guaranteed to be a bubble is that all the optimistic profit projections and such are predicated on the easy, continuous integration of AI tools into society.
There's not a chance in hell this happens. It seems pretty clear that in terms of AI, it's going to first destroy jobs before it ends up creating them. People are going to be furious. Politicians are going to step in - you can already see the start of this, but my guess is this is going to be THE issue in 2028. You're gonna get more attacks like the people who attacked Sam Altman. There's going to be a chilling effect on the field and the tech industry as a whole.
The idea that these revenue trends just continue without any issues for the next 4 years, it's just absurd to me. Not denying that the tools are useful, but the companies in the space set too ambitious of a scaling target IMO. They're not gonna get to where they need to be in time.