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‘A feedback loop with no brake’: how an AI doomsday report shook US markets
(www.theguardian.com)
This is a most excellent place for technology news and articles.
My reaction to the article:
This was about fears AI will tank the economy? No shit it will.
Reads a little more
Wait, this is about fears AI will be so successful it tanks the economy? Complete bullshit but hey, whatever gets this bubble popped.
Complete fucking fantasy. Even if AI was so amazing it could code my own delivery app for me in seconds, the food still has to be delivered somehow. But yes, it AI was able to deliver on all of the promises we'd be fucked, when AI fails to deliver on all of the promises the bubble will burst and we'll be fucked. Either way stop investing in AI.
Also, calling doordash a legacy business is completely cursed
The proponent is a rather successful and rational investor. This was satire, meant to evoke the idea that, if AI was all that the con men are selling, it would collapse the economy. It is not and everyone knows it, but the point is to highlight the idiocy and try to wake up people to the absurdity. I see it akin to what "a modest proposal" was. To nudge the most radical AI ideologues into understanding the dead economy and ghost GDP concepts. If the economy becomes detached from human reality, it will crumble and collapse.
Yeah, why wouldn't I just call or text the restaurant I want to order from, instead of coding my own app 😂. What a weird example.
No but you don't get it. AI is such an amazing tool, it can do everything and replace everyone. Did you try my new model yet? It's blazing fast and can tell you to drive to the car wash to clean your car. It's will revolutionize the world