alt Hacker News> The correction will be brutal, worse than the Industrial Revolution.
Has it occurred to you that there might not be a correction, and that the outcome would still be brutal, at least on par with the industrial revolution.
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stasomatic • today at 12:54 AM
Do you mean as in there will be no happy ending / reset and no another century of prosperity?
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It won't get that far.
It's physically impossible to build out the datacenters required for the "AI is actually good and we have mass layoffs" scenario. This Anthropic investment is spurred on because they've already hit a brick wall with capacity.
$40B goes a long way, but not for datacenters where nearly every single component and service is now backordered. Even if you could build the DC, the power connection won't be there.
The current oil crisis just makes all of that even worse.