The recent AI bubble has me questioning whether the stock market is really acting in a prudent matter to all the inflated stock prices.
Is Artificial Intelligence taking over the world or are these artificial earnings?
Do you need AI to conduct any of the basic core necessities in life? Eating, drinking, housing, mating, driving…. Even non-essentials like searching the internet or writing a paper for school or work?
AI is great for accomplishing repetitive tasks by a machine that human beings have normally completed. AI does not solve any of the core necessities of life. It’s a nice to have, not a need to have.
AI is currently the prettiest girl in the ballroom with the stock market ogling anything AI related. As our economy starts to lose permanent jobs replaced by machine robots, we will quickly realize that none of our core essentials were solved with AI and in contrast the core essentials of life were damaged by AI due to the labor loss. The prettiest girl in the ballroom will morph into an old, wrinkled witch with tons of complaints before our very eyes during the Halloween season and the stock market will crash.

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