if everything bad was illegal and everything good was legal then no laws would need to be changed anymore if your government criminalises sale/prescription of certain medicines due to culture war populism, are you sure you only want payment infrastructure that one can only use for legal purposes?

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I don’t know how anyone who has used Claude to do complicated stuff can possibly think AI is some fad that will go away. Even if there is over investment, and compute capital gets sold off at fire sale prices when the bubble bursts, that compute will be put to work at cheaper prices.

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The people who were predicting human extinction are obviously the same people who were predicting longterm corporate profitability. It makes total sense.

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Some (maybe most) AI companies will go broke? Sure Current valuations might prove to be overly optimistic? Yeah I could see that The entire sector as such will prove to be unprofitable? Bro look outside

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some of them independently

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