Not in the long run, but we can expect a period of substantial economic downturn, even more than we are experiencing today. And the economy is highly vulnerable due to concentration of wealth, multiple wars across the globe with serious ramifications for the countries who are not at war and an ever increasing dependency on AI.
And I always add that the financial issue with dependency on AI is that there’s no way to know today what the final capacity will be after the excitement settles down.
I see plenty of fear of missing out, but less fear of becoming dependant on a suddenly scarce resource. I think the second risk is higher (based on past technology experiences).
Not in the long run, but we can expect a period of substantial economic downturn, even more than we are experiencing today. And the economy is highly vulnerable due to concentration of wealth, multiple wars across the globe with serious ramifications for the countries who are not at war and an ever increasing dependency on AI.
Yes!
And I always add that the financial issue with dependency on AI is that there’s no way to know today what the final capacity will be after the excitement settles down.
I see plenty of fear of missing out, but less fear of becoming dependant on a suddenly scarce resource. I think the second risk is higher (based on past technology experiences).
Economic downturn from oil yes.
But if chatgpt stopped existing now do you think that was cause a recession? I don’t see it. Its hype but the rest of the economy moves forward.
The oil through, that’s another factor all together. We are fucked!