Anyway I seem to recall hearing / seeing / reading somewhere that Big Tech is basically all-in on Artificial Intelligence because they've got literally nothing else to bank on. There's no new bubbles blowing up, so A.I. has to be The Big One or else all the venture capital money dries up and the Tech Bubble bursts.
Again.
This is just my opinion based on my observation, but I think we're witnessing a tech bro apocalypse.
In the year of our lord 2023 we've just about invented every useful technology that we need on a day-to-day basis, and until researchers figure out how to rebuild limbs or some shit, we really don't need anything beyond the tech that we already have.
But nooo we don't have flying cars and robot escorts (shit we don't need, let's be honest), so it's the Tech Bro's obligation to "launch us into the future" Doge Coin, NFTs, AI - all of these have been artificially pushed in the name of āØinnovationāØ when it serves no actual utility in our day-to-day lives. Smartphones have utility. Digital art software serves utility.
We don't need AI, we don't need $3,499 AR glasses, we don't need Metaverses, We don't need NFTs. I can't see any of this new technology as anything other than an attempt to get rich quick and jingle keys in front of venture capitalists who watched Black Mirror and completely missed the point.
It's so funny seeing techbros Cope & Seetheā¢, but it's also sad. A lot of these people who bought into the grift (my dad almost fell into this mindset as well) are usually nine-to-fivers who don't have any aspirations beyond not being a nine-to-fiver. They larp as a big shot and think that if they suck a CEO's dick hard enough, they'll get their foot in the door of opportunity. Their desperation blinds them. They confuse delusion for optimism and don't have the emotional maturity to step back and think, "Maybe this ape shit isn't the best move"
they're doing the traditional economics strat of "use the difference of what you know about your product, and what you can make someone else think your product is, to make bank off them"
sure, the traders of the NFTs were mostly tech people, who bought the NFTs with all the crypto they had... from all the people conned into the crypto boom as a way to get a leg up. which some did, convincing others, because you rarely hear who got destroyed until it's over. so all the ads pushers etc were targeting people with little tech knowledge.
then it ofc moved on to NFTs, because those needed suckers if you were going to trade up with them. etc.
but they're the intentional targets of any scam. just like luxury goods exist to fleece the "middle class" and be aspirational to anyone below that so they want to buy it even more, only to find out the magic isn't there yet, from AR to AI.
marketing is partially to blame, but American economics just works this way until something changes, and has since at least 1980/90
