> The correction will be brutal, worse than the Industrial Revolution.

Has it occurred to you that there might not be a correction, and that the outcome would still be brutal, at least on par with the industrial revolution.

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stasomatic 5 hours ago | parent [-]

Do you mean as in there will be no happy ending / reset and no another century of prosperity?

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fc417fc802 5 hours ago | parent | next [-]

I mean as in living through the industrial revolution would have been wild. So whether we have an AI revolution or an AI bubble it's bound to be a roller coaster.

And that's without accounting for the various wars (and resultant economic impacts) that are already in progress. A large part of what drove the meat grinder of WWI was (very approximately) the various actors repeatedly misjudging the overall situation and being overly enthusiastic to try out their shiny new weapons systems. If one or more superpowers decide to have a showdown the only thing that might minimize loss of life this time around is (ironically enough) the rise of autonomous weapons systems. Even in that case as we know from WWII the logical outcome is a decimated economy and manufacturing sector regardless of anything else that might happen.

	▲	rhubarbtree 4 hours ago \| parent [-]
		Bubble or revolution - not a dichotomy. Bubbles like the AI bubble are a game theoretic outcome of a revolution. Many players invest heavily to avoid losing, but as a whole the market over invests. This leads to a bubble.

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chpatrick 4 hours ago | parent | prev [-]

Imagine you're a typesetter and they just invented computerized printing.