It's bizarre that some of the doomsayers are AI stakeholders. It's like they don't realize that most people don't have net worth in the 7-8 figures.

I console myself with the fact that without a functioning economy, AI will implode since capital will dry up. Then all of the investment in data centers, R&D, etc. will never be recovered. Then we'll be back to rational thinking? Maybe?

They realize it, and they don't care.

Yeah, but it doesn’t implode all at once - it’s not distributed evenly.

Something like over half of the US consumption is done by the top 10%, or something insane like that. This leads me to believe that a lot more people will eat shit, before enough feel real pain.