The Gartner Hype Cycle [0] is real, and ubiquitous. We are teetering somewhere near the top of the Peak of Inflated Expectations, about to plunge into the Trough of Disillusionment. A lot of very rich people are about to lose a lot of money, and we can only hope that they don't get bailed out (again).
Then, once the bubble and hype is over, the long, slow work of actually doing useful things with this new tech starts. That's when we'll see it affect everything else.
You can't invoke market mechanisms to defend a post-scarcity scenario.
Why would the ai owners make things cheaper or even available at all once their abundance machines give them everything they want?
What would they get out of if it? What could ordinary people trade for it that their abundance machine can't give them already and that would be worth giving up their monopoly on productive force?
You can't argue "this will change everything" and "this is how it's always worked" simultaneously, and yet AI accelerationists bring out both to defend their ideology.
You’re implying that the deep lizard state planned the LLM craze?
Sama might be a lizard..
I'm sure the same "strategy" will work again, but this time around everyone has nukes and drone swarms and AI-equipped bio labs so shit's gonna be lit.