All of us are waiting for the bubble to burst but will it actually affect anything? I think AI has already done so much irreversible damage to Interest & Society(Kinda). I have seen YouTube channels with 100K subs who create AI Slops(Music, Short stupid essay), Xhitter account which have more than 100K followers which pump out good enough art. Even if bubbles burst these tools will go nowhere. Every day I wake up I feel much shittier. I need to puke. I am seeing everything I love getting ruined by soulless bot or greedy humans who don't love art/music/story etc. I am sounding like a boomer but I am in my early 20s actually. I go to reddit there are Pro AI people laughing at us calling us Luddite or "Decel". I have no hope most of you guys are old folk. I want to leave this fast paced world & go do farming at my hometown. Reading Books made by humans and watching some movies made by humans in a week without caring about this whole hellhole. I was so passionate about computer engineering I really loved technology. I was one of the early adopters of Gen AI who loved Midjounery because it was new & looked kinda magical to me now it looks like the most dystopian shit human yet created. I now resent my degree. I am a replaceable human who has no value. Human evolutioned much just to be replaced by some bots so I can do more slavery for corpo lords who believe that capital is ever growing like a cancer cell.
US AI industry being over 30 % of global index funds will cause massive global, economic downfall way more severe than the .com bubble. But as with all tech bubbles from the train to the .com bubbles, while the backlash is severe, it is also relatively short, with a huge learning curve as to what parts of the technology will actually be a beneficial long term greater good (not generative AI), and the infrastructure being there after the huge downfall for the new giants to build upon. So yeah, terrible for those of us alive and grown up, hopefully good for those coming after us. As long as we all sever our ties to the US completely at the same time, of course, that is as big of a drag.