Fuck AI

However, there might be a bright side: one macroeconomic researcher, Dean Baker of the Center for Economic and Policy Research, says a bursting bubble might be just what we need to get things back on track.

In a summary of the situation, Baker agrees with the school of thought that says we’re in an AI spending bubble, and that there are some nasty consequences — a recession, most likely — awaiting us when the music stops.

However bad that economic downturn might be, though, Baker says it will open the door for a potential recovery that makes life better for working people.

He is far too optimistic about liberal capitalism working out for the little guy.