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When the AI bubble bursts, humans will finally have their chance to take back control | Rafael Behr
(www.theguardian.com)
This is a most excellent place for technology news and articles.
No.
When the AI bubble bursts, those with money will invest and hoover up wealth and assets at a 90% discount. The vast majority will continue to scrape whatever life they can together and try to survive, and the government will enforce ever more draconian austerity policies.
Don’t forget the part where taxpayers bail out the billionaires!
Yes. This will hurt mostly small investors, wage workers in everything less essential than factory jobs, service sphere, such people.
Humans that will take back control already have much of that control, the difference mostly lies in slavery being formally illegal.
But the biggest effect will be similar to that of the dotcom bubble, I think.
Ah, whatever. I'm just bored of this stage of development, let them be done with it and show the results. I want to see what happens after. It must be something interesting. There must be some movement in the opposite direction, if temporary, like the Web in the 00s for some time had this emotional flavor of a rainy Tokyo street at spring, and peer-to-peer networks had lots of popularity.
I think with all the doom and gloom we should remember that the next stage is always interesting if it doesn't involve more murder and torture.
Say, when this bubble bursts, conversational LLM-based user interfaces will, instead of the solution for every problem solving none, become just another thing. That might be good, it might make typical UX sane again.
Also it's almost logical that communication with another person is also how you'd want to communicate with a service. EDIT: So that they'll exist is good.
Then after that we might see less of those very bloat and omnipresent telemetry that nobody likes. They will be less of "the new digital oil" and more of bother that doesn't buy that much.
The GPUs will go fast, but not the data centers that nobody wants for any other purpose. So much for the capital assets.
The intangibles and "intellectual property" will be reset to a value much closer to zero. And if this cuts a few billionaires down to centimillionaires, so much the better. Fuck 'em.
This checks out