Taiwan's new president wants to upgrade from 'silicon island' to 'AI island' Taiwan's recently elected president, Lai Ching-te, has used his inaugural address to call for the island state to upgrade to an AI nation. "As we meet the global challenges of adopting more and more smart technologies, we in Taiwan, a 'silicon island,' must do all we can to expedite Taiwan's transformation into an 'AI island …
I don't know about the bubble bursting, it seems like there's a lot of money involved and more and more are buying into it, I think that instead, people will just continue to say its great and sweep all the bad under the rug.
As someone said ai will only benefit those at the top already while.pushing more people out of jobs, less money being spent, worsening economy, more people replaced by ai ... the cycle will repeat but I am genuinely worried when and how it will end.
I'm not sure the hype bubble is going to pop, but I think the financial one will and that will have some effect. There's only so many funders willing to put billions into an AI company for them to churn GPUs for a few months. Most of those companies are not making any money. If they keep building models that you can't sell, it won't take long before we have more collapses like Stability AI. That will probably eventually lead to lack of funding for more startups. Microsoft will probably keep hammering on it because we won't be done until they have a full thousand Copilot products that nobody uses.
This will go faster if AI companies are told they have to pay for the copyrighted content they use as training data and will stretch on for longer if they continue to get away with that. However, I doubt the news will get tired of more AI stories, and politicians and business leaders will only stop once the news has stopped covering, not just average AI stuff, but their own announcements on the topic, so they will continue even longer than that.
The Chicom Foreign Minister may be right, reunification may be inevitable...
But that doesn't mean soon. China has been around a LONG time, and during that long history the Communists have only running things (badly), a short time. China will be around a long time after the Communists have joined the ash heap of history where they belong.
And then reunification can happen.
If only his party had done anything in the past 8 years about the exterme high house prices and extreme low salaries for the people in Taiwan including those building the AI products, the speech would have some credit, but is all floating on hype. Now that the opposition has a majority again the left wing protests in Taiwan organized by their "professional protestor" backing groups are back on the streets again to block the opposition. 8 years hardly any protest due their majority where they could push anything through even gay marriage (personally pro for it) but that was rejected by the majority of the population in a referendum. Democracy ?
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