Could say that capital has been searching for the next great productivity tech for a while now.
AI presents this opportunity, and is the only idea available that could actually work. It's no wonder that capital has flooded in to support it.
Thing is, if it succeeds at the pace and extent that the optimists are predicting then the economic disruption will be massive.. and if it doesn't succeed, and there is no other alternative available for long term productivity improvement, then the economic disruption will also be massive.
My bet is that either there is something sustainable and sense-making outside of IT to drive economic stability and evolution (away from growth, which is a dead-end on a finite planet) or we are toast for good.
The odds are even worse because of the time pressure climate change imposes on us.
AI presents this opportunity, and is the only idea available that could actually work. It's no wonder that capital has flooded in to support it.
Thing is, if it succeeds at the pace and extent that the optimists are predicting then the economic disruption will be massive.. and if it doesn't succeed, and there is no other alternative available for long term productivity improvement, then the economic disruption will also be massive.