It is based on the assumption that if the publishers were confident that the answer was yes, they would have presented it as an assertion; by presenting it as a question, they are not accountable for whether it is correct or not.
Humans drive really shit but we still let millions yolo it daily. You don’t need perfection to roll stuff out in real world, just good enough
The industry will certainly have to pull a rabbit out the hat here but I don’t think it’s a foregone conclusion that it won’t. Not so long ago the notion of revenue from language models wasn’t a thing, now it’s billions yet people can’t picture that number growing rapidly in future?
I have been saying variations of this across all social media platforms for the last six months, and every time I get savaged by tech bros. The pro-AI ideology absolutely insane.
The question is... as someone who's invested in the stock market, what do you do? If the bubble bursts, I don't want to be in stocks. Do I want to be in bonds? Other than shorting the market which I'm not keen on doing, what's the best way to profit from the bubble bursting?
Take a steady guaranteed 4% and sleep tight.
"Safe" bonds are less than treasuries, and a big funder of the AI bubble is bonds , so you will be they one holding the bag when they bust.
Nothing, unfortunately.
The problem is that the bubble is a stretch of time while the burst is an instant. So, you lose all the benefits of participating in the runup because you exited at the wrong time while you catch all the downside of the burst because it took out all the markets simultaneously.
The catch is you probably only want to be invested after any writeoffs/corrections if that is your hypothesis. i.e. the future may be AI, but it isn't a straight line, nor is it guaranteed that the current players will be the future AI company of choice. You can be right about the end state and still lose your shirt in between with markets.