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by asdev 327 days ago
The biggest issue with AI isn't AI itself, but the fact that it seemingly "saved" an overinflated economy. Economy needs a deep reset with high rates for longer and the AI narrative is just kicking the can down the road
1 comments

This seems like the point of the hype and why it has so much traction.

I suspect this hype cycle won't end until a new one forms, whether technology or some catastrophic event (disease, war) changes focus and allows the same delaying tactics.

Every disaster, man-made or not, will be used to drive shock therapy.

Look at stock prices trajectory before and after COVID.

When this bubble bursts, the ensuing chaos will be used in a similar manner.