this post was submitted on 04 Sep 2025
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Listen. AI is the biggest bubble since the south sea one. It's not so much a bubble, it's a bomb. When it blows up, The best case scenario is that several al tech companies go under. The likely scenario is that it's going to cause a major recession or even a depression. The difference between the .com bubble and this bubble is that people wanted to use the internet and were not pressured, harassed or forced to. When you have a bubble based around the technology that people don't really find use for to the point where CEOs and tech companies have to force their workers and users to use it even if it makes their output and lives worse, that's when you know it is a massive bubble.
On top of that, I hope these tech bros do not create an AGI. This is not because I believe that AGI is an existential threat to us. It could be, be it our jobs or our lives, but I'm not worried about that. I'm worried about what these tech bros will do to a sentient, sapient, human level intelligence with no personhood rights, no need for sleep, that they own and can kill and revive at will. We don't even treat humans we acknowledge to be people that well, god knows what we are going to something like an AGI.
Well if tech bros create and monopolize AGI, it will be worse than slavery by a large margin.
It'll just make real humans more replaceable, thus make murder and slavery easier.
PRECISELY!
Meh, some people do want to use AI. And it does have decent use cases. It is just massively over extended. So it won't be any worse than the dot com bubble. And I don't worry about the tech bros monopolizing it. If it is true AGI, they won't be able to contain it. In the 90s I wrote a script called MCP... for tron. It wasn't complicated, but it was designed to handle the case that servers dissappear... so it would find new ones. I changed jobs, and they couldn't figure out how to kill it. Had to call me up. True AGI will clean thier clocks before they even think to stop it. So just hope it ends up being nice.
Scam artists, tech bros, grifters, CEOs who don't know shit about fuck....
At work, the boss recently asked everyone to disclose any voluntary use of AI. This is a very small company (startup) and was for a compliance thing. Nearly all of the engineering team was using some AI from somewhere for a large variety of things. These are top engineers mostly. We don't have manager, just the CTO. So noone was even encouraging it. They all chose it because it could make them more productive. Not the 3x or 10x BS you hear from the CEO shills. But more productive.
AI has a lot of problems, but all of the tools we have to use suck in a variety of ways. So that is nothing new.
N-nah. All that "information superhighway" thing was pretty scammy.
It's just that, remember, 1) computer people were seen as some titans, both modest and highly intelligent and without sin, a bit some mix between Daniel Jackson and Amanda Carter in SG-1, and 2) computer things were seen as something that can't ever have such a negative cultural impact, it was pretty leftist and hippie-dominated culturally on the surface.
In stereotypes still preserved in feeling, it was seen like some sort of explosion of BBS culture and Japanese technology in the society. Something clearly good and virtuous, and improving the human (as opposed to today's UI and UX and everything where the human is subjected to perpetual degradation).
EDIT: I mean, you're right, but the dotcom bubble crash has made pretty big changes in the world too - among other things, dealing a death blow to things in the industry that could be perceived the way I described. Just another dotcom bubble could be apocalyptic enough on its own.