Lots of data coming in about how the AI boom is causing shortages and price increases everywhere.
Table of Contents
Simple Mechanics
The mechanics are simple.
There is a good with a (more or less) fixed supply like electricity.
AI Wants
An AI billionaire wants all of it and outbids regular people.
So regular people either get to freeze to death because they can’t heat their house or they have to pay through the nose for electricity. In exchange, they get better AI.
Sounds like a good deal to me.
Agree?
Conclusion
The AI boom is causing shortages due to the increased demand for resources like electricity. This leads to situations where AI billionaires outbid regular people, potentially leaving them in difficult situations.
This dynamic raises questions about the distribution of resources and the potential consequences of prioritizing AI development over the basic needs of individuals. It’s a complex issue with no easy answers.
What do you think about this? Let’s discuss the AI employment crisis.