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"The Subprime AI Crisis" - Ed Zitron on the bubble's impending collapse (www.wheresyoured.at)

submitted 3 months ago by BlueMonday1984@awful.systems to c/techtakes@awful.systems

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None of what I write in this newsletter is about sowing doubt or "hating," but a sober evaluation of where we are today and where we may end up on the current path. I believe that the artificial intelligence boom — which would be better described as a generative AI boom — is (as I've said before) unsustainable, and will ultimately collapse. I also fear that said collapse could be ruinous to big tech, deeply damaging to the startup ecosystem, and will further sour public support for the tech industry.

Can't blame Zitron for being pretty downbeat in this - given the AI bubble's size and side-effects, its easy to see how its bursting can have some cataclysmic effects.

(Shameless self-promo: I ended up writing a bit about the potential aftermath as well)

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[–] gerikson@awful.systems 13 points 3 months ago (1 children)

JFC how many novel-length emails do you get in a week?

I think a more constructive way to handle this problem is to train people to write better emails.

[–] skillissuer@discuss.tchncs.de 12 points 3 months ago (1 children)

a sort of problem that only lw forums users have

[–] gerikson@awful.systems 11 points 3 months ago

"AI, please summarize this LW"

"Certainly. Here is the summary: give all your money to Yud or burn in virtual hell forevermore"