Capitalism is a long succession of booms and busts stretching back hundreds of years. We're now at the peak of another boom; that means a crash is inevitable. It's just a question of when. But there are other questions to ask too.
If many of the current AI players are destined to crash and burn, what does this mean for the type of AI we will end up with in the 2030s?
Is AGI destined to be created by an as-yet-unknown post-crash company?
Will open-source AI become the bedrock of global AI during the crash & post-crash period?
Crashes mean recessions, which means cost-cutting. Is this when AI will make a big impact on employment?
AI Bubble Warns: Sløk Raises Concerns Over Market Valuations
It will first and foremost be used for evil. Autonomous kill bots. Mass surveillance. Shit like that.
Everything else it might be used for is PR meant to make you accept the first part.