AI capex is so big that it's affecting economic statistics

I just hope when (if) the hype is over, we can repurpose the capacities for something useful (e.g. drug discovery etc.)

Re hype: Why is it that so many people are completely obsessed with replacing all developers and any other white-collar job? They seem to be totally convinced that this will happen. 100%

To me, this all sounds like an “end-of-the-world” nihilistic wet dream, and I don’t buy the hype.

Is it’s just me?

I find it weird and uncomfortable too. Like, why are there a bunch of people excited about mass unemployment?

It is not about mass unemployment. It is about efficiency. Producing the same thing for cheaper. Leading to cheaper products to buy.

That is what allowed our current lifestyles. It is good thing. Now it is just coming to next area.

It's allowed our lifestyle for a short period of time, to small amount of people. It's not given to poor people, to people in places we've bombed, or extracted resources from, or people in the future since it's destroying the planet.

We're all far closer to poor than we are to having enough capital to live off of efficiency increases. AI is the last thing the capitalist class requires to finally throw of the shackles of humanity, of keeping around the filthy masses for their labor.