2026-10-30 08:56 UTC
“I hope my apartment building burns down because I don’t like the people who live in the penthouse. Even though they have a helicopter on the roof and will just fly away, leaving everyone else, including me, inside to burn.”
AI is the entire world’s economy. No one is walking away from this unscathed, except the extremely wealthy who built the bubble or like, the bottom 1% economically who have already have nothing. The rest of us will be joining them. I’m not sure why so many people are excited for this, unless you like eating cat food and think retirement is overrated.
openmarketsinstitute.org/…/report-brace-for-impac…
This is a 88 page report on what a bubble actually is (Spoiler: It doesn’t mean AI or “big tech” or billionaires stop existing or suffer any consequences). Please read it and stop ignorantly cheering on large scale human suffering. Or just look at the section titled “NEGATIVE WEALTH EFFECTS AND IMPACTS ON WORKING FAMILIES.” At the very least, read the summary, that alone should be enough to keep everyone awake at night.
Replies (1)
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@sobchak@programming.dev 2026-10-31 06:45
AI is already having negative impacts on working families. It’s sucking up a huge portion of the money in the economy, and the money is being spent on things that produce very few jobs (data centers). The stated goal of these companies is to reduce jobs, increase surveillance, and to make the war machine more deadly. Some state there’s a good chance what they’re actively working toward will destroy humanity. Some believe one company will create an ASI, starting the technological singularity, which will concentrate immense power into that single company that beats everyone else to it. Arguably, an AI crash is preferable to an AI “success.”