Key insights
- The post questions the logic of investing in AI given its potential for mass unemployment and economic collapse. It suggests that investing in AI implies a belief in its ability to replace human labor, leading to negative economic consequences. This perspective presents a bearish outlook on AI investments due to potential long-term societal and economic disruptions, which could negatively impact equity valuations.
I have to ask again..lol
Why invest in AI long term when it leads to mass unemployment and the collapse of the economy and therefore also these companies?
The last time i asked i found no intelligent answers at all. It was just emotions and zero brain. Sorry if i sound harsh but it is otherwise hard to explain how absurd i find this. I honestly find it fascinating.
Can someone who knows and wants to explain? If you invest in AI you must believe in the technology and that it will replace human labor, right?