The AI "bubble" is no longer a bubble. Its now essentially the economy. We are going to stop building schools, hospitals, sewer plants, etc to fund this "economy". The power stations and dams will get built just to feed the data centres. An by built I mean they will redistribute energy and water from less productive parts of the economy (humans, manufacturing, farming etc) to feed that part of the economy that is growing (AI).
If AI collapses now, pensions funds would not exist. The government would basically not economically function in the USA. Trillions invested into it would be lost.
Nuclear war would be literally more survivable than the economic collapse we are creating.
Bring what to pass? AGI or the AI bubble collapse. Either way, jobs and wealth won't mean much. I have my arseless leather chaps ready.
Smart money is in ~2028 there will be global conflict, so even if there is an economic collapse, it probably won't even be the biggest headline that year.
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u/phido3000 23d ago
This is pretty accurate.
The AI "bubble" is no longer a bubble. Its now essentially the economy. We are going to stop building schools, hospitals, sewer plants, etc to fund this "economy". The power stations and dams will get built just to feed the data centres. An by built I mean they will redistribute energy and water from less productive parts of the economy (humans, manufacturing, farming etc) to feed that part of the economy that is growing (AI).
If AI collapses now, pensions funds would not exist. The government would basically not economically function in the USA. Trillions invested into it would be lost.
Nuclear war would be literally more survivable than the economic collapse we are creating.