stacksatsio on Nostr: The best use of AI will prove to be corporate cover for mass layoffs which help them ...

The best use of AI will prove to be corporate cover for mass layoffs which help them kick the can a little further and hide the fact that they’re zombie companies, haemorrhaging revenue.

That should allow sufficient time and hype for the bubble to grow properly out of control and threaten the Dollar itself, necessitating a bailout that will make Covid money printing look like pocket change.

I don’t think this will be the end of fiat, but I do feel like this is going to be worse than 2008; there’s just way more shit upside down, with way more garbage levered on top, and zero productivity to back any comeback.

Honestly have no idea how Western economies ride this out but that sentiment the Zoomers have that everything sucks and is getting worse, could become a society-wide malaise affecting all.

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note1p42…39hw

This is so funny 😂

OpenAI was just part of a $500 Billion announcement with Masa Son from SoftBank - money they *clearly* don’t have - for some ridiculous infrastructure buildout to progress AI / align themselves with Trump.

The day prior, a bunch of Chinese dudes open-sourced a model which is on par with OpenAI’s newest and best LLM which costs 3% of ChatGPT or can be downloaded and run locally for free.

All these American hopes being pinned on AI being this new amazing industry and productivity engine have been completely undermined by some dudes in a basement who are subject to sanctions on GPUs.

The US is so fukt, the only question is how long Trump can maintain the confidence game before things fall apart outside of anyone’s control. note1gwc…k2ec