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Reply to "Potential 100 million jobs will be lost to AI according to senate report"
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[quote=Anonymous][quote=Anonymous]There is a giant AI bubble right now. When it bursts it’s going to take a lot of people with it.[/quote] This is my big worry. The AI bubble is holding the stock market together. But the government is not regulating AI. It's a bunch of private companies competing with each other. And the government's role is to pour money into these environmental disaster data centers, which are driving up electricity prices around the country. What's going to happen? There will be too many data centers, and some will go bust because right now they are just spending government (taxpayer's) money and returning no profits to their companies. But AI was supposed to benefit the world, not be simply a mechanism for the rich to get richer, as it is right now under the Trump administration. I fear that when the AI bubble bursts, the stock market will crash, putting us into the worst depression since the Great Depression in the 1930s. Millions of people will be jobless in that case, and there will be much suffering without government intervention. If the Democrats are in power then, there will be aid for the suffering. If the GOP is still in power, then there will be nothing--no food assistance, no healthcare, no housing assistance, no daycare, no support for education. Millions of American will suffer and many will die. That will be the legacy of the GOP, and no one, right now, is stopping it. [/quote]
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