[Libidinalecon]

California gold rush is practically the textbook example of a mania.

Gold, tulips, real estate, rail, witch hunts, satanic panic..

We shouldn't be worried because "this time it is different".

"AI" is none of those things. It is "totally different this time". "AI" is going to do all the work for us, we are all going to get UBI then at some point as it grows the "ASI" is going to either figure out how to grant us immortality or cause mass human genocide.

It is all completely rational this time.

[watwut]

> "AI" is going to do all the work for us, we are all going to get UBI then at some point as it grows the "ASI"

I don't see those companies promising that. They are bragging about being able to replace jobs for millions people and their CEOs are also simultaneously taking pretty dismissive attitude toward lesser people. If is more of "we will replace millions of people of eff you, billionaire class will become more powerful.

I am not saying it will realistically happen, I am saying that is what current messaging is.

[tim333]

Altman for one has mentioned that kind of thing.

[m4rtink]

Not not mention the California gold rush basically killed the existing functional local community (often literally) with very few people actually getting rich and even fewer from the gold itself.

Har not to see parallels with the current AI bubble.