Also look at all the mass-firings in the tech industry. Many of them are argued with AI being able to replace the workers, even though this hasn’t been proven. Even non-tech companies argue that way. AI is supposed to increase efficiency and thus you need less people to do the work.
The dot-com bubble at least also came with mass-enployment. I wonder if the burst of the AI-bubble will result in the companies having to re-employ many of the workers they fired…
I fear small to medium sized companies who fall for this will not be able to afford to rehire and they will go under. Leaving only these big monopolies left.
Also look at all the mass-firings in the tech industry. Many of them are argued with AI being able to replace the workers, even though this hasn’t been proven. Even non-tech companies argue that way. AI is supposed to increase efficiency and thus you need less people to do the work.
The dot-com bubble at least also came with mass-enployment. I wonder if the burst of the AI-bubble will result in the companies having to re-employ many of the workers they fired…
I fear small to medium sized companies who fall for this will not be able to afford to rehire and they will go under. Leaving only these big monopolies left.
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