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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
How many times has that been predicted already? Three, four? Look at the history of AI, it happens every few years.
Anyway, you're implying a dichotomy here. World domination or pipedream, but that's not the case. The dotcom bubble was without a doubt a bubble, but much of the underlying technology was used a few years later, just without the hype and fanfare.
AI will probably find its uses, and has the potential to eliminate a lot of jobs, but the current iteration of AI businesses is utter garbage. Even something as comparatively simple as Microsoft's Copilot is currently losing money - roughly as much as it costs to use. Yet, there are billions upon billions being poured into useless start-ups that will never produce anything of value in a profitable manner.
What exactly happened to self driving cars BTW? Weren't those totally on track of what experts predicted?
They're on the streets in San Francisco, I see them all the time