• e461h@sh.itjust.works
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    17 hours ago

    Tech companies don’t innovate anymore. Their Wall Street string-pullers demand reliable profit growth so they kill innovation through buyouts and are left with stale products they can only make worse and/or charge more for. Layoffs are a direct wealth transfer from working class labor to wealthy shareholders and the street rewards execs for it every time.

    And if you’re thinking AI is innovative, it’s got executives in a fever pitch for the same reasons - so companies can fire expensive labor and big tech can become even more monopolistic, shove more ads, push more propaganda, and control the internet. It’s fortunate it doesn’t work that well so far. Bubble can’t pop soon enough.

      • 1984@lemmy.today
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        12 hours ago

        What if it doesnt pop and what we are seeing is the foundation for the dystopian society? Data centers being built will be used to monitor everyone in real time, connected to Ai of course so humans are not needed to watch it.

        I think this is exactly what is happening. There is a huge financial incentive to build that world where humans no longer are needed. Thats why I think this is not a bubble, it just looks like it.

        In the future, they will ask, how come people didnt stop the building of data centers for all of that dystopian stuff. Well, this is why. Its being sold as an improvement for human productivity, when its really about automation and removing the need for many humans to be part of the loop at all.

        • tym@lemmy.world
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          11 hours ago

          I spend way too much time living with this obvious truth-to-come’s future impact on my children. The AI bubble will pop and bring the market down with it, and there will be a net to catch everyone just like the ones that prevent suicides at the FOXCONN factories. I truly hope my children never taste (or become) soylent green but literally everything is on the table after seeing how greedy and cowardly nearly every human is when push comes to shove over the last 5 years.

          The dehumanization frog is being boiled right in front of us, and its way less sophisticated than I ever thought it would be. project2025.observer does a great job at tracking the totality of the christofascist endgame IMO. Dehumanization being normalized will allow them to move on to political opponents heading into midterms.