I sort of doubt a crash will come from unrealized AI investment.
But investors might not see a big return. There probably is a ceiling on what it can do, how far developers can take it, how far it can take itself. And there are some clever funding schemes between the AI developers, chip makers, and data-center builders going on. This has been aided by the Administration, some legislation, and a lack of oversight.
The perception that the dollar is a good investment has obviously been taking hits too. Mortgage rates are high. If the economy tanks, then who knows what fucked-up stuff will happen?
But I doubt a crash will come from this. At least not the kind of crash that will make us a lot worse off than we are now.
Note: Roko's Basilisk is a thought experiment suggesting that a future superintelligent AI might punish anyone who didn’t actively help bring it into existence—because failing to do so delayed its creation. Now that you read that sentence, you are vulnerable to its wrath unless you labor toward its creation.
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