> The problem for us isn’t that AI will take our jobs; it’s that snake-oil salesmen can sell the idea that AI will take our jobs, investors buy into it, companies try it, fire their folks, the snake-oil salesmen IPOs, the companies that bought into this idea implode in some form or fashion, and the salesmen have already taken the money and ran.

Or, it eventually becomes clear to enough people that the AI companies aren't going to make enough money to justify their valuations, so the asset bubble bursts, the economy crashes, and we lose our jobs.

Many jobs imo have been under threat for many yrs.

The tremendous growth in earnings meant some fake excess head count number was viable.

Google faced an activist investor who practically forced sundar to fire a bunch of people. This is what’s coming for big tech if this AI thing blows up. Apple Is safe because they are clever and saw this from a mile away.

Investors want their cake and they will eat it too.