Reminder that AI is "propping up" the economy the same way a tape worm props up your metabolism.
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Reminder that AI is "propping up" the economy the same way a tape worm props up your metabolism.
It has completely choked off all capital investment to any other activity for years. It completely devours resources needed by any other endeavor. And for all that, it produces practically nothing that people want or need. It's strangling the economy.
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Reminder that AI is "propping up" the economy the same way a tape worm props up your metabolism.
It has completely choked off all capital investment to any other activity for years. It completely devours resources needed by any other endeavor. And for all that, it produces practically nothing that people want or need. It's strangling the economy.
It turns out that AI was not the paper clip maximizer. It was actually the paperclip.
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Reminder that AI is "propping up" the economy the same way a tape worm props up your metabolism.
It has completely choked off all capital investment to any other activity for years. It completely devours resources needed by any other endeavor. And for all that, it produces practically nothing that people want or need. It's strangling the economy.
An economy simply can't sustain a permanent boom cycle like this driven by hype with little underlying utility or value. And the longer you delay the recession, the worse the crash. We're building up the mother of all gilded age right now.
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