AI is already having negative impacts on working families. It's sucking up a huge portion of the money in the economy, and the money is being spent on things that produce very few jobs (data centers). The stated goal of these companies is to reduce jobs, increase surveillance, and to make the war machine more deadly. Some state there's a good chance what they're actively working toward will destroy humanity. Some believe one company will create an ASI, starting the technological singularity, which will concentrate immense power into that single company that beats everyone else to it. Arguably, an AI crash is preferable to an AI "success."

AI is the entire world's economy.

Fuck you, no it's not. It's the stock market, which is not the same as the economy.

And AI isn't propping up the actual economy. If anything, LLM's have been dragging the economy down for years

And how exactly did AI become the worlds economy? Oh right, by becoming a bubble. We wouldn't be in this situation if there was no bubble. It wouldn't be the worlds economy if it had popped sooner. And you're here telling us we should let it become even bigger because if it pops now it's going to suck ass. It's going to suck even more ass later because it will be an even bigger part of the worlds economy and there's no scenario where it won't pop. There's no riding it into some kind of an economic boom that offsets all the fucked up speculations the ultrawealthy have done. The sooner it pops the better is it for all us because while we're now stuck with it our pain will be less today than it will be tomorrow.

And just as a reminder, the longer it continues the more data centers get built and the more natural resources get sucked up into this bubble and the worse the living conditions get for the people that are forced to live around those data centers. Even if it somehow magically doesn't pop our lives will still be worse off for it.

This is an interesting report, although the authors are cautious, the data they present is damning, it's clearly a "when" not an "if" because none of the conditions to regulate and cool down the sector will happen, even if dems flip the midterms. Yes we're screwed but when the building burns down I'm confident this time we'll knock on the doors of those bunkers with pitchforks. Sooo since it's inevitable, telling people they are stupid for wishing it is even more stupid, better get done with it already. Please add another zero

I think the majority already understand that. I'm not looking forward to seeing my retirement account and investments fall off a cliff and not come back up for years. But since we're already in a bubble that will violently pop, people would rather get it over with sooner than later.

Uh, read the room. This is the “fuck AI” comm. People are mad for a variety of reasons and we want schadenfreude, if not guillotines!