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Investors are obviously stupid fucking people spooked by any old horseshit and who buy into any old horseshit.
Unless there's AI magic going on behind the scenes we're not being told about, autonomous AI agents are nowhere near a reality and won't be because LLMs are a dead-end in regards to that.
Seriously our world is run by the people least fucking fit to do so. I'm just some random asshat who knows fuck-all. I'm not smart enough for the people who run the world to be this fucking stupid in comparison.
Like, here's a quote from beginning of this Substack post:
But has it though?? Can't anyone with a fucking brain extrapolate that if AI replaced all workers that we wouldn't have an economy, we would have the people who control the AI owning all that's left in the world and the huddled teeming starving masses ready to build gallows in the streets for the people who caused all this? How is this new and shocking to these people? How have none of them ever considered the endgame before?
You had me at "gallows in the streets".
Their plan is to own everything so that the economy is irrelevant. What they want is to go back to the days where you worked for the mining company but got paid in company currency that could only be redeemed at company stores.