Comment by johncolanduoni
Comment by johncolanduoni 7 hours ago
The shenanigans that set off the GFC were much more nakedly corrupt and didn’t have even a fig leaf of potential usefulness to anybody to justify them. The revolution failed to materialize then. If the AI bust isn’t worse for the median person than 2008, I don’t think people in power have anything to fear.
Why do we think it won't be worse? If you exclude the circular trading of AI companies from metrics, we're already in a pretty big recession, and that will only get worse if the AI companies collapse.