No matter what happens with AI, it’s going to be an economic catastrophe. If AI is just a giant bubble, obviously that bubble is going to burst, and it will bring down the whole economy. Indeed, the American economy is mostly stagnant. All the growth right now is in AI.
If AI actually works, however, a whole lot of people will lose their jobs, and that will be an economic catastrophe as well. Moreover, neither the Left nor the Right can fix this problem.
Let’s say that you have a hotdog stand. (more…)












