Yeah, because if the AI boom becomes the AI bust, we'll have another 2008-level economic crisis on our hands.
The investments into AI are in the hundreds of billions (maybe even more if you factor in the amount of people studying and researching AI), but the returns are in the tens of billions (if even that).
If you exclude the "growth" coming from the industry sniffing its own farts (e.g. Nvidia selling insane amounts of insanely overpriced GPUs to InsertYourFavAICorp), the actual amount of "useful goods and services" produced (api accesses, chat subscriptions, ai-enabled app growth etc.) are tiny compared to the investment levels.
The AI train appears to have no brakes. A massive crash or AGI are the only options now. Both are going to be bad for average humans.
The investments into AI are in the hundreds of billions (maybe even more if you factor in the amount of people studying and researching AI), but the returns are in the tens of billions (if even that).
If you exclude the "growth" coming from the industry sniffing its own farts (e.g. Nvidia selling insane amounts of insanely overpriced GPUs to InsertYourFavAICorp), the actual amount of "useful goods and services" produced (api accesses, chat subscriptions, ai-enabled app growth etc.) are tiny compared to the investment levels.
The AI train appears to have no brakes. A massive crash or AGI are the only options now. Both are going to be bad for average humans.