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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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Jeff Bezos Says AI Bubble Is Good Because It Will Eliminate the Weak (futurism.com)

submitted 3 days ago by throws_lemy@lemmy.nz to c/fuck_ai@lemmy.world

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These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.

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[–] FlashMobOfOne@lemmy.world 9 points 2 days ago

Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.

Facts. You don't even have to be particularly rich to do it. I had a few thousand I'd saved over a decade in March 2020, used it to buy oil stocks at a 90% discount, then sold it two years later when things rebounded. It wasn't 'fuck you' money, but it allowed me to pay off my student loans.