alt Hacker NewsIt's half sarcasm, half my frustration in the way ai crash proponents behave in general
if you proclaim that there's an inevitable doom - propose preparations *people you're talking to* can take
when I hear about nuclear doom, I see preppers discussing bunkers and how rich people buy land in Argentina to evacuate to
when I hear about stock market crash, I see people discussing some famous super-investor moving his money into coca-cola, because food would always have a demand
even bloody "the end is nigh" apocalypse junkies continue with "go to church" (or smth similar) in the very next sentence
what can YOU suggest ME as the next action? not for the government to do something, not for the whole market - how do you suggest ME to prepare? what do you suggest *I* will experience?
at best, our approximation of ai bust is the dotcom - and that happened beyond current generation's memory. At best surviving context is "and the ruin left a lot of cheap fiber laid out all around the world", so... we'll get a lot of cheap ai then? good
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> at best, our approximation of ai bust is the dotcom - and that happened beyond current generation's memory.
I'm so old now they think I'm dead. Honestly, it might be kind of a relief.
Not every inevitability can be mitigated. We're each and every one going to die. The sun will die. The universe will wind down. Embrace it, don't pretend you can avoid it.
Except we don't get cheap AI this go round. It's just a bunch of e-waste that can't even be repurposed into server in the closet back at the office because each server needs about 100kW of power.
Nobody Knows. The market can remain irrational longer than you can remain solvent.
Having cash in reserve to deploy in the aftermath of a crash is golden. If that happens you look great, if that doesn't happen for the next 5 years, you miss out on the interim gains.
Keep investing, diversify, have some reserves. Try to be less anxious about things. Exercise, sleep, be grateful for things you have.