this post was submitted on 06 Jan 2025
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It'll be no worse than the dot-com burst.
That's the best case scenario. I'm imagining something more like Enron or Bernie Madoff - losing all value at once when people realized it was a ponzi scheme.
Hard disagree.
The dot-com burst would be worst case scenario and I think that's a long chance.
I understand that some people hate AI or that they feel threatened by it, but I can only imagine that those who say it has no real value are either being facetious or have extremely limited cognitive capacity.
I'm worried their operating costs are higher than they admit. They keep dumbing down the AI to make it use less energy. Right now it's a free product that uses a crazy high amount of electricity. They don't seem all that close to profitability.
AI is in it's "biplane" stage, just as people in the twenties would have found it hard to comprehend the future of commercialised flight or a man on the moon, people struggle to imagine the future of AI.
AI is the very worse it's going to be today, in the grand scheme of things, it's only going to get better.