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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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AI Investors Furious at Suggestion That There's an AI Bubble (futurism.com)

submitted 1 day ago by ThefuzzyFurryComrade@pawb.social to c/fuck_ai@lemmy.world

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[–] captainlezbian@lemmy.world 2 points 19 hours ago

Yeah. Automotive, insurance, and banking were industries when they collapsed in 08. They kept making bad calls (and automotive has continued to do so immediately after the government stopped forcing them not to), but the industries were bailed out because the consequences of not having them would be disastrous to the US economy.

Unfortunately I do think a lot of the government feels not having AI dominance would be disastrous for the US economy so it could easily become a fight.