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?

Nobody is obsessed with it. People are afraid of it. And yet, what will you do? Will you renounce adopting a tool that can make your work or someone else's work faster, easier, better? It's a trap: once you've seen the possibilities you can't go back; and if you do, you'll have to compete with those who keep using the new tools. Even if you know perfectly well that in a few years the tools will make your own job useless.

Personally, however, I would find it possibly even more depressing to spend my day doing a job that has economic value only because some regulation prevents it being done more efficiently. At that point I'd rather get the money anyway and spend the day at the beach.

> Personally, however, I would find it possibly even more depressing to spend my day doing a job that has economic value only because some regulation prevents it being done more efficiently.

That's true for many jobs. The only reason many people have a job is because of a variety of regulations preventing that job from being outsourced.

> At that point I'd rather get the money anyway and spend the day at the beach.

You won't get the money and spend the day at the beach; you'll starve to death.