alt Hacker NewsAI is in a hype bubble that will crash just like every other bubble. The underlying uses are there but just like Dot Com, Tulips, subprime mortgages, and even Sir Isaac Newton's failings with the South Sea Company the financial side will fall.
This will cause bankruptcies and huge job losses. The argument for and against AI doesn't really matter in the end, because the finances don't make a lick of sense.
Ok sure the bubble/non-bubble stuff, fine, but in terms of “things I’d like to be a part of” it’s hard to imagine a more transformative technology (not to again turn off the anti-hype crowd). But ok, say it’s 1997, you don’t like the valuations you see. But as a tech person you’re not excited by browsers, the internet, the possibilities? You don’t want to be a part of that even if it means a bubble pops? I also hear a lot of people argue “finances don’t make a lick of sense” but i don’t think things are that cut and dried and I don’t see this as obvious. I don’t think really many people know how things will evolve and what size a market correction or bubble would have.