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by lubujackson 307 days ago
And lo, new companies were created to fill the void. AI will cause quite a shakeup but short term stock manipulation eventually needs to be paid off (let's call it "management debt" like "tech debt").

The simpler way to view this is that AI creates value. We can argue how much and what kind, but our economy is reliant on ever-increasing value and is pretty good at utilizing it.

Microsoft didn't get smaller when computers got better, their market got much bigger.