Post #4088417
2026-07-24 10:25 UTC
AI's investor story is an incoherent tangle of predictions about AI's future, ranging from the outlandish ("Once we spend enough money, AI will become God and solve all our problems, including our profitability crisis") to the dystopian ("The majority of jobs in the economy will be done by our chatbots, and the employers who previously employed those workers will split the wage savings with us").
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Replies (1)
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@pluralistic@mamot.fr 2026-07-24 10:25
None of these stories are plausible, which raises an urgent question: why have the world's wealthiest investors been so eager to hand over *trillions* to finance this bubble? I have previously written about one reason that billionaires find the AI story so compelling: at root, many billionaires just don't believe most other people are actually, fully real. How could they? Achieving billionairehood requires that you inflict pain on vast numbers of people. 10/