These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
Of course he’d say something like that, because he has literally nothing to worry about.
When it’s the big guys fucking up, it’s us footing the bill.
We’re subsidizing the building and operation of the data centers to take our jobs too.
I don’t think arrogance is the right strategy to deal with economic bubbles. With that said, I fully support Amazon’s arrogance in the face of AI Bubble because they have it coming.
These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
Then more companies and governments will be trash and potentially collapse. And when everything is reducend to rubble, then what? Jennifer Government?
Can it eliminate the work weak?
This guy buys things for a dollar and sells them for two dollars. He’s no smarty-pants, he just leveraged tech to track deliveries but some people refer to this as “logistical genius”, when it’s not. Local milk delivery was doing this pre-tech.
if you think you can hide in your bunkers, or compound without paying people that are essentially slaves, they will easily turn on you in the end.
That’s what the AI guard dogs are for.
Plus also preditive AI and eye tracking to check for those thinking of turning on him.
They don’t repair themselves.
Says you
https://www.gutenberg.org/cache/epub/72890/pg72890-images.html#THE_MACHINE_STOPS
It’s been prophesized
I uh… have to take your word for it.
I don’t think the bookmark worked so it’s just a whole book for me.
I was just kidding though.
However long term thinking isn’t exactly these guys’ favorite. It tends to get in the way of them having a good time.
It is a book, short stories, The Machine Stops By E. M. Forester
The machine cannot self repair and breaks down after a time, eventually sparking revolution (and panic) among the people
He’s going to have real trouble proofing his air vents against cement as well.
Keep putting money in please
It’s always pathetic when someone who lives in a completely shielded Elysium accuses others of weakness while erecting barriers to prevent anyone from proving them wrong.
“Survival of the fittest! Let nature take it’s course!” ::nervously re-checks automatic locks::
Pissed off at Bezos betraying us all again? Consider not giving him your money and boycott Amazon.
Someone reading this message could cost them hundreds or thousands over the coming year by simply shopping elsewhere. That’s not nothing. There’s no doubt that Amazon is convenient, but it is possible to get along without them.
For Americans: in this time of rising fascism, it’s important to chip away at the pillars that are holding up the regime in the White House. This is one way to use your agency to have a measurable impact.
I just want to add to this that YOU DO NOT HAVE TO BOYCOTT SOMETHING COMPLETELY TO MAKE A DIFFERENCE.
It’s absolutely OK if you cannot 100% cut Amazon out of your life. It’s OK if you have to buy from them sometimes because it’s the only place you can find that particular thing you need.
You just need to stop making them your default. Check somewhere else first. Make that little bit of extra effort to see if maybe a local store has what you’re looking for.
If you reduce your spending on Amazon by 80%, that’s still a huge reduction. If enough people do that, they’ll be in serious trouble. And it’s a lot more manageable than an all or nothing boycott.
And if we could convince a hundred million people to reduce their spending Amazon by just 10%, that would have far more impact than a hundred thousand people cutting them out entirely. It’s better to set a lower standard that more people can engage with, especially because the more people develop that habit of not always going to Amazon first, the more it’s place in their lives will continue to shrink.
I call this “soft boycotting”. Reduce rather than remove. It’s far more sustainable as an option in your every day life, and it encourages people to actually engage with boycotting instead of writing it off because it feels like an impossible commitment.
CONSUMERS OF THE WORLD UNITE! ALL YOU HAVE TO LOSE IS CHEAP SHIT YOU DON’T REALLY NEED ANYWAY!
Well, that and some genuinely good media that they’ve locked down the rights to…
Unless… 🏴☠️
By virtue of my location, the Jolly Roger is the only way I can access most popular media.
Hey, piracy is illegal and could send you to pris-whboops trips on a nail folded up paper falls out of my pocket. Woah, little clumsy there. Hand me that paper will you? its a website i need to send a DMCA request to.
Unfortunately, it won’t make much of a dent at all. Amazon’s traditional goods business runs on very thin margins, and they can write it off. Their profit center these days is AWS, and there isn’t much you or I can do to boycott that.
That said, I have canceled Prime, and I only use Amazon for some hobbyist stuff that’s hard to get from literally anywhere else.
I dumped it on Jan 20 after seeing Bezos at Trump’s inauguration. Honestly, after the addiction wore off I don’t miss it at all. The biggest change I’ve noticed is I no longer impulse buy stupid shit I don’t need.
I so badly want to watch the new critical role animated series and conveniently buy and ship Christmas gifts this time of year. God damn it Bezos. All you had to do was not be fucking evil.
Bezos needs to be reminded his flesh is as soft and squishy as the the rest of the weak.
It will eliminate the weak meaning the companies in actual competitive markets, so monopolists like Amazon can buy them up and monopolize even more markets.
Yep. Trillion dollar companies are so huge that a deep recession only mildly impacts revenue.
Yeah, that’s why they do the whole greedflation thing, to make central banks raise rates, causing a slew of bankruptcies among the competition, making them ripe for a buyout.
The fact that it also destroys labour negotiating positions is a cherry on top.
By weak he means less rich
Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.
Not because it lets them sell ai. The goal is to snatch up cheap assets to sell when the economy recovers then do it all over again.
Crashes are good for people that have capital because it lets them buy things that people are forced to sell at a discounted price.
Facts. You don’t even have to be particularly rich to do it. I had a few thousand I’d saved over a decade in March 2020, used it to buy oil stocks at a 90% discount, then sold it two years later when things rebounded. It wasn’t ‘fuck you’ money, but it allowed me to pay off my student loans.
my personal plan is to gather as much capital as i can while this everything bubble goes wild (fuck it, look at total volume levels now vs…anytime last 30 years…nobody but degenerate gamblers and those that should know better are playing right now), then…go on a mass-building spree to drive down the price of housing.
high density, high-quality, affordable housing built for sale not rent, sold exclusively to long-time local residents and/or first-time home buyers. my hope is this crashes individual localized housing markets, as the local rent parasites cant find renters and since they probably took loans out on their properties to throw into the casino…
then i swoop in, buy their distressed property on the cheap, throw down even more high-density/quality, affordable housing for sale.
repeat until everyone has a home
Yep. It’s a fire sale for the 1%
Yeah, the OP’s comment is weird: it’s because what these types call “AI” not actually working properly in most environments (mainly because it makes critical, even deadly, mistakes with far, far higher frequency than even untrained humans) so adopters of the Technology are already suffering losses due to it and having to rollback their deployments of the “AI”, that the bubble will blow causing an US economy collapse because of how much Market valuation is tied up to the AI bubble and the massive misallocation of resources and investments linked to it (a local economic collapse which might or not spread to become “world economy collapse”).
An economic crash caused by the latest insanelly overhyped Tech grift turning out to not work at all at lowering costs for the adopters of that technology (quite the contrary) isn’t an opportunity to sell more of that very insanelly overhyped technology.
I would expect that, like last time around, the way the capital rich will benefit from an economic collapse is because they’ll be able to buy Assets on the cheap, whose values will then be propped up by Governments just like last time around (part of the reason why both realestate and stock markets quickly got back to beating records after the last world economic collapse)
allowing them to offer AI bots to companies and governments to replace human workers
If that’s what he expects will happen then he is out of touch with AI and its capabilities. AI nowhere near being capable of completely replacing humans.
In fact the main reason for the AI bubble is because billions have been dumped into it expecting it will be capable of replacing humans, but all it’s really good at is making AI slop.
The only jobs it has kind of started replacing, but not really - more like transforming them - are software engineer jobs.
When the economy collapses, it will affect ALL businesses, and all kind of people will lose jobs, from software engineers to teachers to analysts. And none of those jobs can be fully replaced by AI, or it would have happened already.
Bezos is a fucking clown.
Yeah I keep saying the only thing our current AI is good at is coding, and even then its like someone with 3-4 YoE. Sure it knows a lot of languages and concepts, but often makes mistakes.
Another day in the age of the dystopia plutocrats.
