alt Hacker NewsThis still isn’t too bad compared to other countries, also, most of the AI industry profits are still yet to be fully realized.
Replies
faefox • today at 3:58 PM
AI industry profits have and will continue to be privatized while the enormous costs of job displacement (to name just one of many negative externalities) will be gleefully socialized. We've seen this film before.
doctorwho42 • today at 3:59 PM
Assuming it doesn't mirror the dotcom bubble
I think you're being sarcastic, but can't quite tell.
If you're not - this is the 10th worst ratio in the world. The only countries worse are: Venezuela, Japan, Sudan, Singapore, Eritrea, Bahrain, Greece, Lebanon, and Italy. The difference has historically been that we've been able to exploit the dollar, export our inflation, and so on - but those times are fading.