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▲ joe_the_user 3 hours ago

AI hasn’t benefited the bottom line of any big corporations outside the tech industry

I am not an "AI booster", it seems like the current market leaders have dug a hole that they'll have a hard time getting out of. Just about everyone says something like "there's a bubble, it will burst, people will be hurt but the process will go on, like the Internet or railroads". But that ignore that the scale of this is beyond earlier bubbles (each bubble is larger than the last in our 30-40 year bubble-and-pop driven economy but that might not be comforting).

All that said, "some aren't benefiting" or "the average isn't benefiting" is a disingenuous argument if you want to say things are bad. AI companies have more of a real product people are paying than Google did. A large minority of companies (not all in the tech industry) are getting a boost. It's easy to say "the average is zero" when you exclude some. AI has boosted media companies that do a lot of transcription. Video generation serves half of advertising videos.

Reg: "All right, but apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, a fresh water system, and public health... what have the Romans ever done for us?" Attendee: "Brought peace?" Reg:"Oh, peace? Shut up!"