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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)

submitted 1 year ago by [email protected] to c/technology

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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] new_acct_who_dis 1 points 1 year ago* (last edited 1 year ago) (1 children)

What if we were finally able to get insurance companies out of healthcare in the US? Thousands would lose their jobs, but millions would suddenly be able to get care. So much money would be saved, but so many people would suddenly be out of work.

I don't know about you, but I hate paying several hundred dollars a month (and 100s or 1000s if I actually get care) to prop up a whole ass middleman between me and my care.

Anyway, my point is we can't keep old systems only for the sake of preserving jobs. The guy you're replying to is short sighted and relying too heavily on a language imitation program, but he's essentially right about not keeping jobs just because.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

@new_acct_who_dis Yeah, but that wouldn't hurt as much because all the people out of work would still have healthcare.

AI displaced creatives will lose their healthcare.

Now if we passed healthcare, and THEN started replacing people with AI? That would make things considerably less dire for the future. But only one of those is happening and it's AI alone, because the rich do not care about other people.