> Where's the trillions, or hundreds of billions worth in improved quality of life?

I think these IPOs are going to mint tens of thousands of new millionaires or something. That, in turn, will generate massive tax windfalls for all levels of government.

> other than the ability to produce more crap?

This is a big "other than." (And to be clear, the jury is still out on whether AI will let us produce more in the long run.)

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avmich 2 hours ago | parent | next [-]

If jury is still out on positivity, long term, of AI, I'd really like to see arguments for that. Historically all - almost? - technical improvements were net positive; even some blunders had upside. AI is dangerous, yes, but e.g. fission was developed for the bomb, and now powers significant numbers of households worldwide - the tech less than 90 years old.

	▲	JumpCrisscross 2 hours ago \| parent [-]
		> all - almost? - technical improvements were net positive I think it’s very likely AI is a technical improvement. But there is still a chance it’s a small improvement being massively overbuilt.

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nixon_why69 3 hours ago | parent | prev [-]

It's not a pyramid scheme, it's a reverse funnel.