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387 points reaperducer | 3 comments | | HN request time: 0.43s | source
1. sigbottle ◴[] No.45773790[source]
Weird angle, but isn't "believing there will be a crash" sort of framing it as if this were still normal market dynamics?

OpenAI and AI in general has posed itself as an existential threat and tightly integrated itself (how well? let's argue later) with so many facts of society, especially government, that like, realistically there just can't be a crash, no?

Or is this too doomsday / conspiratorial?

I just find it weird that we're framing it as crash/not crash when it seems pretty clear to me they really genuinely believe in AGI, and if you can get basically all facets of society to buy in... well, airlines don't "crash" anymore, do they?

replies(2): >>45774324 #>>45774477 #
2. 1899-12-30 ◴[] No.45774324[source]
A crash in the stock market doesn't necessarily mean a crash in the real market, The AI bubble burst being dot com style vs a gfc debacle depends on how much critical financial infrastructure is at risk during the debt deleveraging. If you look at the gdp growth during those two periods, the dot com era was a mild stagnation compared to the gfc's actual gdp decline.
3. camdenreslink ◴[] No.45774477[source]
If OpenAI were to shut down today, would anything in society really change? It seems all valuations are based on future integration into society and our daily lives. I don't think it has really happened yet.