28 July

There are 2 bubbles being mixed up in this type of argument. Yes there is a possible financial bubble in the AI race. But the technology bubble is independent of that. Railways caused a financial bubble when they were invented, as did cotton. Those bubbles popped, but left the technologies behind, enriching all of our lives astronomically. You can see Cory uses an old mechanical typewriter. It's a standard Golden Age argument, which mistakes a previous technology (text, writing) with thought itself. Workers won't rise up and take their jobs back. They LOVE AI. Just look at the uptake, fastest adoption of a technology in history.