Western capitalism's cycle of booms and busts stretches all the way back to Amsterdam and the Tulip Mania of 1636. They all follow the same pattern, and we are living in the end stages of one now with AI. Every single time, there are detractors who say this time is different; however, they have a four century track record of getting it wrong.

This week, yet again, we see a small Chinese firm with a fraction of the spending and resources getting the near equal of the frontier models Big Tech investors are spending trillions to achieve. Not only that, they are offering theirs to the world for free, and it uses a small fraction of electricity/computing resources to run. Those Big Tech investors will never earn those trillions back.

It might be bleak and depressing to contemplate, but people need to think about what happens after the crash. This is no time for centrism, or putting your fingers in your ears and saying you don't want to hear about politics. The very worst people in our cultures, many Big Tech leaders themselves, are looking forward to this destruction and making their plans for it, and the world they want afterwards is a 100 times bleaker.

When U.S. taxpayers will be used to bail out the AI companies, the government will require something in return. The AI datacenter capacity could be used for waging a hybrid war against the enemies of republicans and oligarchs.

"Pre-emptive manipulation of society by nudge swarms around vigilant targets, as orchestrated by surveillance capitalist companies"
https://lemmy.world/post/52470551

The datacenters are already military infrastructure with surveillance analysis and cultural control as their core purpose. Dark factories to extract the best of us and twist it to the whims of civilization, our thoughts their fuel and our consent their product. Current ai corpos are but bagholders and pawns meant to decieve and indebt a public not quite yet ready to knowingly fund construction of the panopticon already surrounding them

I have been saying this since Bush dropped the towers and feel like it should have been pretty clear since... the patriot act was passed, the Utah data center opened, we practiced on Iraq (see also Palestine), Snowden leaked all that stuff, google dropped "don't be evil", really we kinda just keep blowing past signs. Covid forcing all interaction online was a good one. Try to think less in terms of R vs D and more in terms of the machine vs humanity though. It's wild to me your link itself is generated x(

As far as what to prepare for, "more and worse". This trajectory is consistent and well established. Tech advances, number goes up, inequality grows. As far as how to profit from it? Emulate the worst person you know, either by aping their investment strategies or establishing twin self-sufficient compounds in Hawa'ii and New Zealand. That or the good old four f's: first aid, food, firearms, and friendship.

The post is not generated.

It absolutely reads like it, a bunch of other people say so too, and the comments there are all you weaseling around what exactly the ai's role in "writing" it was and kinda admitting it. Which is sad because there's clearly an interesting idea behind all the slop obfuscation, and your first move was to whisper it through the infrastructure of your opposition before it was even formed

Well that's how I write and I resent you people calling me a liar. I did say in the comments I took extra links from the AI's reply to the post, nothing else.

Prepping for what tho? In my lived experience there's not much a normal person can do

What comes after is pension funds going bankrupt, while the rich miraculously come out on top.

Pension funds pretty much own everything. They'll be alright.

They come out on top because they have money and assets to leverage to borrow money in the downturn.

What comes after it is China's dominance.
(obvious guess)
::: spoiler your ''36Kr.com'' link https://en.wikipedia.org/wiki/36Kr
"36Kr (Chinese: 36氪; pinyin: 36 Kè) is a publicly listed Chinese media company that focuses on technology and financial news. It also is a data provider for entrepreneurs and investors." ...

... 'It has been referred to as China's equivalent of TechCrunch.[citation needed]" :::
that link says that Kimi 3.1 is advanced.

The AI bubble bust will effect me exactly as much as the dot com bust did.

It will affect you a lot more due to its sheer scale.

Hopefully all of the fuckwads dicking around with this AI shit get burned and the masses who did their best to avoid it have an easy time.

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