The subprime mortgages bubble didn’t make mortgages disappear, but it forced stricter regulation of mortgages. And lack of regulation is a major problem with current commercialized AI. In fact, so far the companies have been lobbying very hard against regulation.
Furthermore, propping up the AI bubble is also screwing up the economy. Some of us would just like to see the bandaid ripped off before more long term damage is done.
Finally, put yourself in the position of a Gen Alpha entering the job market. You can’t find an entry level white cost job because companies think they can replace you with AI. Someone in that position sees no benefit from continuing to prop up the bubble. If the bubble bursts, at worst they’re still in the same situation, at best the job market opens up again.
The subprime mortgages bubble didn’t make mortgages disappear, but it forced stricter regulation of mortgages. And lack of regulation is a major problem with current commercialized AI. In fact, so far the companies have been lobbying very hard against regulation.
Furthermore, propping up the AI bubble is also screwing up the economy. Some of us would just like to see the bandaid ripped off before more long term damage is done.
Finally, put yourself in the position of a Gen Alpha entering the job market. You can’t find an entry level white cost job because companies think they can replace you with AI. Someone in that position sees no benefit from continuing to prop up the bubble. If the bubble bursts, at worst they’re still in the same situation, at best the job market opens up again.