The dotcom bubble was the whole investor industry trying to capitalize on the internet, and they just failed because they were investing everything in a new thing people didn’t need yet.
Today we live in an interconnected world, close to what was promised to the investors back then.
In ten, twenty years, once the bubble, OpenAI, Anthropic and all that are long buried, in what form do you think AI will exist? Do you think it will be an improved version of our current-day LLMs, or a different form of AI? Or do you imagine something else altogether?
It will likely be used for productivity gains in industry and military, and for maintaining information control. Less error-prone with enough training. It may also be used to avoid being blamed for decision making.
Like how phones made writing letters less necessary, AI would probably reduce the need of regular coders and might redirect people into fields of AI research and implementors.
Country/Organisations that ensure that the productivity gains and AI availability(obviously with guardrails) go to the people, will have a more decent society vs Countries that don’t.
Seems that Communism is quite likely if automation becomes better, while also becoming more energy efficient(if climate change and other issues are also handled). Just that it may have 2 different paths:
Either way, it may be possible to develop to the stage of ‘From each according to their ability, to each according to their needs’.
Or it won’t and this advanced automation will have bottlenecks on computational power or energy efficiency that take some centuries to solve. In that case too, it will probably bring us closer to that stage.