▲ | bgwalter 3 days ago | |
It is interesting that the early shipping containerization boom resulted in a bubble in 1975 and had a new low around 1990. 1990 is when the real outsourcing mania started, which led to the destruction of most Western manufacturing. Apart from cheap Chinese trinkets the quality of life and real incomes have gotten worse in the West while the rich became richer. So this is an excellent analogy for "AI": Finding a new and malicious application can revive the mania after an initial bubble pop while making societies worse. If we allow it, which does not have to be the case. [As usual, under the assumption that "AI" works, of which there is little sign apart from summarizing scraped web pages.] |