Yep, and if history is any guide the only way to play it is to take part and get rich while you can, or play the super long game and be positioned for the collapse.

Businesses will not adapt until they are incentivized to do so, and very few businesses have a multi-decade outlook. Even before AI, the senior 10x employee who retired and took all his domain knowledge with him because there was never any funding to train his replacement was a problem.