this post was submitted on 01 Aug 2026
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194
The AI bubble could burst — and take the economy with it - The Boston Globe (www.bostonglobe.com)
submitted 15 hours ago by FoxtrotDeltaTango@sh.itjust.works to c/technology@lemmy.world
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cross-posted from: https://lemmy.world/post/50104484

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[–] ceenote@lemmy.world 28 points 14 hours ago (2 children)

It has always been either the economy crashing because the AI bubble pops, or the economy crashes because the bubble didn't pop due to AI successfully replacing enormous numbers of workers.

[–] Thorry@feddit.org 12 points 12 hours ago* (last edited 12 hours ago)

Or the economy crashes by AI replacing everyone and doing an absolute terrible job, causing stuff like supply chain collapse and communication/power outages.

I have yet to see someone explain how this whole thing actually works out. Just a dozen different scenarios that turn out terrible for almost everyone. The only scenario that works out is if a handful of people like Altman absolutely rule the world, become de facto dictators as they are the ones that control the few AI companies that run everything. And by work out, I mean it works out for that handful of people. For the rest of the world it's probably just about the worst case scenario. But you just know it's the scenario scammy Altman is hoping for.