Remix.run Logo
Imustaskforhelp 3 hours ago

Was the effort just directed be a single developer though. I have written elsewhere on HN[0] about something I have witnessed but I have seen that if only a single developer is actively against AI, the management actively believes that it is only that single person who is the bottleneck/issue as nobody else is complaining so it must all be right.

Although I get the overall statement more now as well.

> It's all fueled by executives and investors anxieties, there's very little left for reason when fear takes over.

This perhaps seems to be the greatest reason and I imagine that because all growth within economy is shown to be floating within AI related sector, they want piece of that pie. Do note that most of the issues with it is that the frothy evaluations and how much actual growth is happening downstream rather than just money shaking hands and the bubble nature of things.

but theoretically one can see that there is no winner in all of this no matter how deep one can fall down in layers of. Perhaps something at the layer of DRAM and chip production seem to be the one actually the most profitable at the moment and even they are just witnessing some temporary growth as nobody expects the prices to stay at this ceiling including said companies and yet they have incredibly floaty (but comparatively less so) valuations as compared to other AI things.

On one hand, I expect money to be rational yet on the other hand I am actively witnessing money to be irrational. Yet the whole industry is so muddled up now with so many people wanting the piece of cake of that investor's dollar that I imagine the market somewhat saturated.

Could something rationally not happen because if so, it seems that the thing might be that the burst of the bubble might make the only rational sense of adding realism in the market, but I imagine that it might spook the investors too much too and it might cost too much blood-shed in the markets.

Am I able to explain myself and do any of you believe that there is a rational course of action which can be taken to help stabilize the economy in some aspects?

[0]: https://news.ycombinator.com/item?id=48630281