Wait till they ruin the internet

I think we are long past that by now. "Enshitification" and "Capitalist Slop", was already a huge thing before these 'new' ***holes came about. Capitalist slop is the pre-cursor for "AI-slop", and is basically to throw literal shit on the market(wall) and see if it sticks. My personal view is that 99.99% of all internet content is Cap-Slop that shouldn't/wouldn't be there in a natural society.

full totalitarianism and control.

That was always the end-state of Capitalism, "Fascism" is basically when govs are taken over by private Capitalist sh*tters. US have been an Oligarchy for longer than anyone alive today, and 'Democracy' were never there.

Everything is going as the anti-capitalists predicted and expected..

Some other news in the past week was about scrappers making like 90% of internet traffic.

Nah, I don't think it'll "ruin" the internet in the disaster sense. It's already done enough that it ruined reddit, quora, other social media, but those weren't really information sources as much as companies selling addictive brain rot to steal your data. They are not on the same level as wikipedia, or even representative or what the internet is. Even if you got useful stuff off reddit once upon a time, it was always about tracking you and capturing your data and making you addicted to wasting your time watching bullshit.

What we're seeing and this "top economist" is saying is just "this is a bubble" in other words without saying the B word. People tune out the B word because they believe in the technology. A bubble has nothing to do with whether AI works, and all to do with the behavior of investors and unsustainable investments. So many people these days have to dance around the bubble word because people think it means you are anti-AI.

We will likely see things remain more or less the same except one day investors freak out and stop investing in AI, and then tech will go through a ton of shitty layoffs and people will struggle and some rich day trader type fucks will lose their livelihoods, just like the dotcom era. But after that, we will still have generative AI tools here and there, maybe more restricted to better use cases and not shoved in your face everywhere, but LLM will still be a thing.

Yeah, it means you'll likely have fucked social media forever, bots, propaganda, fake news, fake AI videos of bullshit, but social media always was about controlling your thought patterns. It already fucking sucked. That part of the internet was always shit. But interconnected devices sending data to each other and allowing researchers in Oslo Norway to talk to researchers in Omaha Nebraska, that will still very much be alive and work well.

I feel like an idiot not catching it the first time I heard about the GPU crunch, but yes.