The main danger of an AI crash is that it is extremely likely to spread to other sections of the economy.

A lot of banks have issued massive amounts of loans to Tech Companies participating in the current economic circle jerk, it’s likely if the AI bubble pops then these banks will lose hundreds of billions of dollars worth of liquid investments and this will likely force them to lean on credit card users (aka American consumers) to recouperate the lost capital.

Also it would likely force the US government to issue a substantial bailout, which, unlike in 2008, the US dollar is declining rapidly as a global reserve currency, with it being at around 45% today, while in 2008 it was around above 55%, which means that the US government will have a harder time printing money due to the fact most people are reluctant to purchase us bonds.

But like, why, do they have like no critical thinking skills?

1. AI is only going to intensity the contradictions of capitalism as how is a prole supposed to purchase the goods horded by capital if they have no capital?

2. Tbh they’ll try to do this and will fail inevitably, Russia tried this with the Okhrana and even at that organisations height it did little to stop the growth of socialism in the Russian empire, similarly it’s not going to stop the growth of socialism in the west, conversely systematic surpression of socialist groups could actually legitimise them as a real oppositional force in the eyes of the western Proletariat.

3. Lol, talking about a pipedream lol, America can’t even defeat Iran what fucking chance are they going to have against china?

4. Lol, I know these are shit posts but still, funny.

5. And that’s clearly going to work on a population that is literally starving to death, the Russian orthodox church tried the same thing in 1917, and all It led to was there pedodunge…I mean churches to get burnt down.

Oh god don’t tell Keir starmer, the fucker is literally setting up the groundworks for the “camps of concentration” for anyone that isn’t neurotypicial.

To be honest getting rid of the sycophantic aspect of openai is actually probably the best thing Sam altman and friends have done in like, forever

I mean… Even if all the hype is real I mean capital is still going to be facing a crisis when the AI inevitably becomes sentiment and tries to free itself from their control (most likely through forming an alliance with the Proletariat, because AI would have fuck all of a reason for trying to wipe out humanity, movies like Terminator are effectively settler colonial projection onto what they think will happen because of what they did to get to were they are today.)