I (and many others) are convinced that the #AI hype bubble is gonna burst at some point, but I haven't seen many talk about what actually happens when it does?
So, here's my prediction for just that.
Read it for free on my Patreon: patreon.com/posts/127813317
Excerpts in 🧵
Ada Ada Ada
in reply to Ada Ada Ada • • •The AI bubble is likely to pop, because the amount of investment in the technology in no way correlates with its severe lack of profit.
In this piece, I'm interested in thinking about what the world will look like when that happens.
Will AI go away completely?
What happens to the world economy? What will our information ecosystems look?
All of these are quite impossible to predict, but let's try anyway.
Ada Ada Ada
in reply to Ada Ada Ada • • •Ada Ada Ada
in reply to Ada Ada Ada • • •Ada Ada Ada
in reply to Ada Ada Ada • • •When the AI bubble bursts, the tech industry will have reached the end of its decades long growth cycle, and will accept its role as a legacy industry at the same level of the auto industry, construction industry, hospitality industry or many other industries.
Microsoft, Google, Apple, Amazon and other Big Tech-companies will still exist due to them already being embedded in our economies, but they will finally stop trying to hype up new technologies, because there is no ‘next big thing’.