"AI will take your salary in capex before it can take your job"
Never a truer word said. This could easily be a bubble of epic proportions. All that money sucked out of productive economy on top of massive debt. If "they" can't get AI to replace humans, which probably is dependent on stopping hallucinations and macro understanding (GAI), this will fall apart. The result of all that capital having been blown away will cause a massive spike in debt on top of the debt mountain while human unemployment is high and skills have been lost. And ... it is a race against time. Not only must GAI be achieved it must be achieved before the bubble bursts. But this really is a Terminator scenario. Imagine you have human like intelligence but faster and of course robotics, because how can you replace people without sophisticated robotics, why is there an assumption we can control it or it will be kinder than us. We aren't kind to each other!
Where is the off ramp? All I see is naked, raw, all out competition. That unchecked competition could be the undoing of us if it brings a new species into existence that becomes top of the 'food' chain.
Biting the hand that feeds IT
