Aline Blankertz@alineblankertz@indieweb.social
The current “AI” overinvestments will have long-term costs by creating significant path dependencies: They make harmful things cheaper, speed up the commodification of human labour and shift social norms.
What can we learn from the dot-com crash and Uber about the long-term effects of overinvestments? What about "AI"? (spoiler: lower costs for compute/energy, sectoral knowledge destruction, again more economic inequality) I have put some thoughts into a blog post
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https://www.structural-integrity.eu/crashing-hard-why-talking-about-bubbles-obscures-the-real-social-cost-of-overinvesting-into-artificial-intelligence/