The people inflating the bubble have to know what they’re doing, right? It’s hard to come up with an economic scenario where the market doesn’t crash and burn as a result.
I can’t shake the feeling that two key motivations for bleeding all this cash are A. For moving more wealth to the top (which, y’know, is already happening in umpteen different ways beyond AI), and B. For quickly building surveillance infrastructure, seeing as how eager the Pentagon/DHS is about AI
The people inflating the bubble have to know what they’re doing, right? It’s hard to come up with an economic scenario where the market doesn’t crash and burn as a result.
I can’t shake the feeling that two key motivations for bleeding all this cash are A. For moving more wealth to the top (which, y’know, is already happening in umpteen different ways beyond AI), and B. For quickly building surveillance infrastructure, seeing as how eager the Pentagon/DHS is about AI