Just as accurate as tarot cards...

In fairness this could happen so fast, the market completely destroyed by ai traders working at the speed of silicone, a warning could come way in advance yet impossibly late.

That's more or less how I deal with any economic numbers these days. Just one mans salary. No big deal.

He eventually buys up all ai companies for nickels on the megadollar and copy strikes all unauthorized ai providers.

The only resistance left is the decentralised group of people running outdated and decensored LLM's for erotic RPG.

We're doomed

You may think it's stupid but these people are still going to make ass loads of money out of this entire ordeal. Because the entire system is rigged in their favor.

Crashing the economy is only stupid if you don't have enough liquidity to capitalize on it. That or if you actually give a shit about people.

The crashes are deliberate. It allows them to scoop up infrastructure for pennies on the dollar. It's not a coincidence that the largest ever upward transfer of wealth occurred during COVID. That was the elite consolidating their holdings. And evidently, they're not exactly satisfied yet and want even more.

They aren't stupid, they are gambling and they toss their weight to stack the bet in their favor long enough so that they can cash out and not be left with the bag when it crashes.

Every recession, richs get richer and we get poorer.

We really need to find a way to make the billionaires fight each other again.

Are they really stupid if they make billions?

I know you’re saying burn but I’m just hearing the Lorax movie when the mayor or whatever started singing let it die

I think it was unintentional. They didn’t hop on in time and were left behind. Then they tried rushing and put out a half baked AI product. And now they’re using Gemini for their AI because they can’t catch up.

Apple has invested heavily in infrastructure that will make every iPhone and app on the store transparent to an AI running on bespoke silicone designed for the task. Much like Windows, Apple foresees a future where AI is a substitute for the GUI.

https://www.archyde.com/apples-ai-integration-a-deep-dive-into-iphones-future/

What happened was they did the standard thing of being really far behind in terms of software and were not able to compete. Apple is not a software company it's a hardware company with delusions of grandeur. If a software feature is good enough they'll eventually steal it and claim that it's some major innovation on their part but they will never get away from the fact that they brought the atrocity that is iTunes into the world.

was it a clever tactical ploy to avoid the AI hype train? Or was it that Apple’s culture just can’t pivot fast enough to successfully operationalise new/emerging technologies?

Apple is always a decade behind, though. It isn’t an innovator anymore.

i believe apple dint capatilize early thats why they are behind and not investing , and then probably found out way later it cost too much to maintain data centers.

A.I. threat is way overblown

This assumes AI will be all knowing and all powerful and will turn to evil.

But bad, incomplete, dreaming AI unleashed by CEOs, in search for more profit margins, are a real threat. Imagine air traffic control under AI that just screws up and cause planes to collide. Or AI robots who go awry.

"AI" has already driven more than one person to suicide... no it's not overblown.

Hey Trump what do you think about climate change?

Well the weather is nice in Florida this year, you know Florida? Believe me, the best state in the country. Let me tell ya folks, nobody has weather like we do in Mar-A-Lago. Huge weather down there, unbelievable. *tiny accordion hands* But Israel doesn't have that much weather because of Obama and Crooked Hillary...