The National Council of Corporations doesn’t really change anything I said above. The elephant in the room is that this tech is not living up to the expectations, and none of these companies have a viable business model. I mean it’s possible that the whole AI industry will be nationalized I suppose, but I can’t really see that happening myself. Furthermore, even if it did happen that would also lead to a crash because the government would be diverting already strained resources towards propping up an industry that produces no actual value.
There is no way to innovate your way out of this. It’s not a problem you can solve by just throwing money at it. Any serious innovation and infrastructure development is going to be a decades long project. The bubble is going to pop long before that. Again, read my article that I linked earlier. I discuss the specifics of the logistics involved, and it’ obvious there’s nothing that can be done to massively increase grid capacity in a way that would be needed.
Not only is the US behind in factory automation, it’s behind in having actual factories, and the manufacturing has only continued to shrink since Trump took over. There aren’t factories available to employ people, they would have to be built. But building the factories requires investment and skilled labor that itself doesn’t exist. The US economy has been increasingly financialized, and that means you don’t just have a readily available pool of workers to go out and build factories. Even if you did, then you’re still looking at at least a decade of figuring out the supply chains and all the other logistics needed to build and operate them.
Just look at how the attempts to ramp up ammunition production for Ukraine have fared. The US was unable to meaningfully ramp up basic things like artillery shell production, and that’s with state level funding being freely available.
I do think a 2 year timeline is very much a reasonable bet. We will likely see first tremors early next year, and then things will just continue to get worse from there.
In terms of military, it’s pretty clear that Russia is beating the US in Ukraine, and China’s military industrial strength absolutely dwarfs anything Russia can put out. At this point, DPRK likely has a more competent military than the US.
So, the owning class might be scrambling to make things work, but just like with Ukraine, simply wishing for things really hard can’t change material reality.
The National Council of Corporations doesn’t really change anything I said above. The elephant in the room is that this tech is not living up to the expectations, and none of these companies have a viable business model. I mean it’s possible that the whole AI industry will be nationalized I suppose, but I can’t really see that happening myself. Furthermore, even if it did happen that would also lead to a crash because the government would be diverting already strained resources towards propping up an industry that produces no actual value.
There is no way to innovate your way out of this. It’s not a problem you can solve by just throwing money at it. Any serious innovation and infrastructure development is going to be a decades long project. The bubble is going to pop long before that. Again, read my article that I linked earlier. I discuss the specifics of the logistics involved, and it’ obvious there’s nothing that can be done to massively increase grid capacity in a way that would be needed.
Not only is the US behind in factory automation, it’s behind in having actual factories, and the manufacturing has only continued to shrink since Trump took over. There aren’t factories available to employ people, they would have to be built. But building the factories requires investment and skilled labor that itself doesn’t exist. The US economy has been increasingly financialized, and that means you don’t just have a readily available pool of workers to go out and build factories. Even if you did, then you’re still looking at at least a decade of figuring out the supply chains and all the other logistics needed to build and operate them.
Just look at how the attempts to ramp up ammunition production for Ukraine have fared. The US was unable to meaningfully ramp up basic things like artillery shell production, and that’s with state level funding being freely available.
I do think a 2 year timeline is very much a reasonable bet. We will likely see first tremors early next year, and then things will just continue to get worse from there.
In terms of military, it’s pretty clear that Russia is beating the US in Ukraine, and China’s military industrial strength absolutely dwarfs anything Russia can put out. At this point, DPRK likely has a more competent military than the US.
So, the owning class might be scrambling to make things work, but just like with Ukraine, simply wishing for things really hard can’t change material reality.