Shovels and gold aren’t the problem, humans are the problem
either AI achieves hyper-efficiency and triggers systematic economic demand destruction due to unemployment, or it underperforms and sparks a massive tech-sector asset bubble burst
If AI is as good as valuations - it crashes. If AI isn’t as good, it crashes. all eggs in one basket economy.
Every future leads to a massive financial shitstorm
AI is priced in as a technology to end all markets. The last bull market you will ever see.
It’s a miracle markets didn’t notice this “damned if you succeed damned if you don’t” type of inevitable checkmate
alt Hacker News
Shovels and gold aren’t the problem, humans are the problem
either AI achieves hyper-efficiency and triggers systematic economic demand destruction due to unemployment, or it underperforms and sparks a massive tech-sector asset bubble burst
If AI is as good as valuations - it crashes. If AI isn’t as good, it crashes. all eggs in one basket economy.
Every future leads to a massive financial shitstorm
AI is priced in as a technology to end all markets. The last bull market you will ever see.
It’s a miracle markets didn’t notice this “damned if you succeed damned if you don’t” type of inevitable checkmate
I have been building a bunker