Post #1668021

2026-04-06 18:05 UTC

- "AI" is pushing up prices of consumer electronics because the "AI" companies are cornering the semiconductor manufacturing market. [4] - "AI" is pushing up consumer electricity and water bills [5,6] - In fact, according to the Goldman Sachs [7], "AI" is causing inflation and depressing consumer spending and economic growth. (2/3) So tell me why we should *not* be critical of "AI"? #AI #NoToAI

Replies (1)

@wim_v12e@scholar.social 2026-04-06 18:06

And I have not even mentioned societal and cognitive harms. References for the above claims: [1] https://www.iese.edu/insight/articles/artificial-intelligence-junior-employees-wages/ [2] https://www.mckinsey.com/uk/our-insights/the-mckinsey-uk-blog/ai-uneven-effects-on-uk-jobs-and-talent [3] https://hbr.org/2026/01/companies-are-laying-off-workers-because-of-ais-potential-not-its-performance [4] https://edition.cnn.com/2026/02/27/tech/ai-memory-chips-smartphones-intl-hnk [5] https://www.bloomberg.com/graphics/2025-ai-data-centers-electricity-prices/ [6] https://www.consumerreports.org/data-centers/ai-data-centers-impact-on-electric-bills-water-and-more-a1040338678/ [7] https://www.gspublishing.com/content/research/en/reports/2026/02/11/cefdda9f-3b7c-4a53-9950-dfcfa3c6bbc2.html (3/3) #AI #NoToAI

Open ##1668022