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AI skepticism: LLMs could trigger a crash worse than 2008

A user on Mastodon expressed skepticism about the economic value of AI, particularly LLMs, suggesting they could lead to a crash worse than the 2008 financial crisis. The user believes that while economists acknowledge the potential transformational value of AI, the reality might be the opposite, with significant value being wiped out. AI

IMPACT Raises questions about the actual economic utility of LLMs, contrasting with optimistic expert views.

RANK_REASON Opinion piece expressing skepticism about AI's economic value.

Read on Mastodon — mastodon.social →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

AI skepticism: LLMs could trigger a crash worse than 2008

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Commentary
Opinion piece expressing skepticism about AI's economic value.
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opinion
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COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    @ timbray I think it could be very much worse than 2008 ugly. There will be much more value than in 2008, wiped out in this crash. Governments -- states -- may

    @ timbray I think it could be very much worse than 2008 ugly. There will be much more value than in 2008, wiped out in this crash. Governments -- states -- may not survive it. The economists in the discussion agree that # AI (by which they mean # LLMs ) have value and 'may be tra…