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    1. From the article 

      There are significant differences in the current economic and demographic backdrop — and the nature of the AI rollout — that could mean inflation remains a problem and the job picture more worrying, even if AI lives up to its promise.

      The disinflation of the 1990s came about in part due to the information technology revolution, but was helped along by globalization and demography — both forces that are in retreat today.

      If you take the predictions of leading executives seriously, AI advances stand to eliminate many current types of jobs more rapidly than entirely new jobs are created.

    2. There is one good thing about this bubble, little normal people are affected by it popping.

    3. Cyanidestar on

      For every bubble people always say the same thing: “It’s different now”

    4. Human-Assumption-524 on

      I feel like a lot of people who talk about the AI bubble bursting don’t actually understand what that means.

      When the AI bubble bursts it will mostly mean that companies will stop randomly slapping „AI“ on things like toasters or TVs to try and upsell you on them and that investment firms won’t provide capital for startups just because they include „AI“ in their business description with little else to show for it.

      What it won’t mean however is that AI will disappear. Things like LLMs, generative AI and automation aren’t going anywhere just like how the dotcom bubble bursting didn’t mean the internet went away.

    5. [Previous AI Winters](https://wikipedia.org/wiki/AI_winter) were caused by AI vendors overhyping their technology. The technology was genuinely useful, just not as useful as they were promising it would be.

      When it failed to live up to those promises, there was a widespread backlash that had less to do with technology and everything to do with human attitudes.

      So far the current AI Summer is following exactly the same trajectory. I really don’t see how another bust cycle is avoidable.

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