I start to think that AI might be a net negative on the economy. It consumes an enormous amount of resources, just to keep doing what we did before.

Laying off people also doesn't reduce cost as much as it might look like. There is a lot of hidden cost shared by everyone (also the companies that did the lay offs are hit by them). Unemployed people still have to eat and pay rent, and someone is paying for that. They spend less money on services and goods, which affects every company in the end.

AI is great, but I think it got too big.

Just my thoughts, not backed by any data. I'm not even sure I'm right.