this post was submitted on 22 May 2026
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The problem with your argument is that the companies that people rely on are going to have to deal with a market where AI is taking up a lot of resources they rely on, which will cause problems for their customers outside of the US.
European and African and Asian companies don't need chips? They don't need Harddrives? They don't need computer components? How are car manufacturers going to build and sell new cars or fix older cars without chips? How do engineers trained to use CAD and modeling software do that without computers? (Please note that I'm not talking about some 60 year old engineer who will do it with a draft board and a pencil and a slide rule, I'm talking about new engineers who learned these electronic tools expecting to have them always available and who now are facing an uncertain future for the tech their business relies on).
The point is, there are far reaching consequences for AI in tech that effect the entire world.
This is a different topic though. Sure its related but the students aren't booing because of chip shortage. The hype will die down. Ai wont go anywhere but the crazy ramp up and "everyone need sot be in AI' will die down.
First question. Why do you think these students are booing?
Second question. You mention China. How much unemployment is there in China and, what is the main cause for the rate of unemployment?
They arr complaining about a future where there wont be jobs. but to be clear all these big layoffs have been cyclicaland they used ai to get investors excited.
but just like all advances, any job that goes away is replaced by something new.
the biggest problem we have is the head of open ai is the biggest ai doomer.
he tells everyone that ai will destroy us all but its coming so better embrace it.
i am not a doomer and i am not an ai worshipper. i tjink there will be disruption but it wont be the end.
unlike the industrial revolution, there hasnt been bombings yet.