• dan@upvote.au
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    4 days ago

    I think people don’t realise that if AI fails, it’s pretty much guaranteed to collapse the US economy.

    • SaharaMaleikuhm@feddit.org
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      4 days ago

      Don’t you worry it’s gonna have a global impact againjudt like it did in 08. Imagine losing your job in Italy for instance cause some bankers got ultra rich in the US. What a dumb fucking world.

      • dan@upvote.au
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        4 days ago

        I don’t think 2008 really had a significant effect in Australia. I don’t remember hearing much about it.

        • hitmyspot@aussie.zone
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          4 days ago

          A bunch of my friends were made redundant. Some had visas dependent on their work, employer sponsored and had to leave Australia. Heck, we call it the gfc as an acronym. We just didn’t have a general recession.

        • ranzispa@mander.xyz
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          4 days ago

          I know plenty people who are currently homeless in Europe originally lost their job following the 2008 crash.

    • hansolo@lemmy.today
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      4 days ago

      Meh, not really a full collapse. Just like 75% of it and a huuuuge recession. Or maybe a “Tiny Depression”? Basically, 10 years to recover. Which is where we’re going anyway, with out without AI.

      • relativestranger@feddit.nl
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        4 days ago

        10 years on top of the generations to recover from economic and social policy being shat out by a deranged geriatric.

    • Ulrich@feddit.org
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      4 days ago

      It’s not if but when. Hopefully sooner rather than later. And you’re a fool if you think the implications won’t be felt around the world. Just like they were when Americans rammed the housing market into the ground. We live in a global economy.

    • OwOarchist@pawb.social
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      4 days ago

      Yep, either way, your job is toast.

      AI succeeds: AI takes your job.

      AI fails: Economy crashes and you lose your job due to the crash.