We don't have enough energy production for massive AI buildouts. New energy capacity will not come online fast. National and regional grids will be stressed contributing to impacts on populations and industries. New energy capacity will be expensive and if carbon-intensive will accelerate climate breakdown. Additionally at current fossil fuel prices, energy prices (will) rise dramatically. Currently planned locations for buildouts are suboptimal at best, horrible at worst and vehemently opposed by local populations. That could be NIMBYISM, but in this case it's probably justified: who would want a noisy, ugly-looking grey cube raising electricity prices near their house? And that's just one angle. There are many more. Nothing to do with "AI will take our jobs", that's a pretty low-effort justification/theory.

We are building more energy now than ever. AI has forced that. If this AI bubble collapses, we will have plenty of cheap electricity.

is it gas turbines energy?

Nuclear has been reinvigorated. HN was extremely pro Nuclear before ChatGPT hit. Now we are finally heavily investing in it again.

Fusion has been given a ton of money since AI.

Do you have any numbers how much fossil energy capacity was installed and how much nuclear?

To me its not just about AI, but how they utilize all this financial scenarios to push things absolutely over the top, e.g. fast inclusion into indexes and essentially funding bubble from people's 401k.

You mean SpaceX? That’s just one. And it’s Elon. He’s been doing that before AI.

index thing happened this year, and now investors are obviously lining up before openai and anthropic to get a cut too during IPO.

Elon has been scamming investors with Tesla for years.

its unrelated to index inclusion.

Are you just trolling?

You don't see the cons because you refuse to see or hear. You refuse to actually engage with any of the complaints and examples people show you. You're deluding yourself and thinking that somehow everyone else is the problem and you're the only sane one in the room.

You should really reevaluate your perspectives .

I’ve been engaging with every single reply.

But instead of attacking me, why don’t you engage with me.

What are the benefits to actual people? What you are gonna replace lost jobs with? All electronics with ram or storage is now way more expensive due to AI gobling up everything. And then there are local power grid impact concerns.

Why would you be suprised there is opposition?

I’m not surprised there is. I even spelled out why I think there are so many who are opposed.

There is something very contradictory about these posts.

For example, you seem to suggest that it doesn’t benefit people but AI is can also replace workers. So which is it? AI is very useful to people to a point that one person can do the job of many? Or AI is useless?

Do we have mass unemployment because of AI? No. Our unemployment rate has been very low since ChatGPT.

What about the people who have already lost jobs due to false expectations set via over hyping the tech?

That poster is so clueless.

If this is true, then you can just hire them and beat out the businesses that erroneously laid off valuable workers.

1) i write code for a living. Without the tool. I have never been impressed by the tools and don't want to use them for work because i know my brain will rot pretty fast, pretty soon. Amused, sure, but they are still stupid by large. Useful idiot remain a useful idiot even if it appears smarte. My boss shows me some cool shit he experimented with all the time, only to have the thing redone from scratch every other week. Still useful, still a mess, still requiring competent people to keep the castle from crumbling. And you can't get competent people without having them do the hard work.

2) i want them to fail and disappear forever. Let open models stay. Let the VC fuckers starve to death before they use MY retirement fund without my consent because they bribe regulator to include them in protected indexes even if they have not followed the process, just because they are the future and too big, trust me bro

3) fuck me if i identify myself with my job, and only my job.

So basically all 3 reason I listed.

People whose retirement funds might be impacted by a bubble burst, or who might lose their jobs (or struggle to get a first/next job) in a post crash economy.

You seem to be neglecting the economic impact question and assuming only the ai companies themselves are impacted in a burst.

That’s only if they buy in now. If they don’t believe in AI, they wouldn’t buy in now.

do you remember, how spacex was trying to bribe.. ehr.. convince.. regulators to be fast tracked into S&P 500?

And they said no.

Why do you think anthropic is postponing their IPO?

Yes, I mentioned SpaceX a few minutes ago before your post. I didn’t like that but that’s only one company and it is Elon. He’s been scamming investors well before SpaceX.

I think Anthropic is postponing their IPO because OpenAI is killing it.

Large index funds that most people’s portfolio inevitably includes substantially invest in AI-adjacent stocks. Not to mention the fact that bubble bursting is not by any means guaranteed to have its effects limited to one sector.

AI is the sole reason why stocks have gone up since 2022.

Your posts have been interesting to watch.

You’re progressively entering the delusional territory.