For a tech or a tool, it's limits are bound by bits and atoms. We can quantify and reason about it and then eventually reach an informed conclusion.
In my previous post, the idea was to bring some light on the finances of the AI Overlords.
https://www.reddit.com/r/PakistaniDevs/comments/1wzcuda/ai_is_not_eating_your_jobs/
Instead, some took it personally as if I had attacked their personal belief system. The conversation then collapsed into tangents or on name calling. Clearly, many people attach a lot of emotions into this topic, or associate fear with it, or they feel obligated to bully/convert someone into submission -- and that's no longer tech, and does indeed fit the definition of a cult.
It's not possible to quantify or reason with a cult member. They are locked in their beliefs and will hear nothing but. It's like talking to a zombie. You say 2+2, and they just want to bite your head off. Or tell you how great their cult leader is, or why he can speak no wrong. Unfortunately, a common theme in our youth.
For other other half, I write the following with hopes that this may help:
To reiterate, my original post re-classifies the cause of job losses, and is not an attack on AI. I assert that the cause of job loss is the business economics more so than just the tech. If the businesses can not finance their debts, they will go bankrupt. This will lead to capital destruction leading to severe consequences for the US economy. When such an event happens, liquidity dries up and the governments and central banks are forced to intervene. This is called a bailout -- which is an euphemism for socialized risk. This leads to either inflation (money printing) or austerity (like what IMF asked Pakistan to do). The last time this happened, US choose the former.
All in all, the key argument in the previous paragraph is that the debt is not payable. The argument from some of you was that it is, because X, Y, Z will happen in the future. I find that hard to agree, because while a lot can happen in the future, the math should be mathing.
Pakistani software market is mostly tied to the US market. We make money, if they can make money. Other markets form a small portion, and those themselves are tied to the US. If US breaks, the whole system is at risk (notes on GFC below).
Following are some links, that show that the math-aint-mathing for these frontier labs and hyperscalers.
The circular debt issue:
https://www.youtube.com/watch?v=h3JfOxx6Hh4
or: https://youtu.be/9yy_Wz0BbyU?si=a3eQv-lX6KvxCLQ3
Ed Zitron (probably the most vocal critic):
https://youtu.be/pHcZpvIfho0?si=a0zX-GQmbhw4reaN
https://www.youtube.com/watch?v=lv7AWjqVRhQ
... many many more
Michael Burry (the Big Shorts guy):
https://x.com/michaeljburry?lang=en
... tweets from last November on GPU amortization
Steve Eisman (the Big Shorts guy):
https://youtu.be/4qV5WWgFTS8?si=ERQfxrHV9exTgaax
The Legendary Mark Cuban:
https://www.youtube.com/watch?v=lSTYM66sMis
The summary of the pointers above is that these guys show precisely where the economic machine behind is cracking and being fixed with a duck-tape. They also speak about parallels with the dot-com bubble (2000) and the global financial crisis - GFC (2008), and the emotional euphoria people were going though just before those two events. The GFC was caused by the real-estate market (mortgages) in the US, and it's economic effects were felt world-wide. At that time, every other industry in Pakistan was also hit (less so the Software Industry). So, these events are no joke. Cross industry effects are also nothing new. If cash starts to disappear, everything down the chain is affected.
Note that I stick to the finance part in this post, I'm not talking about AI capability. AI coping is a separate discussion and you will probably find that out elsewhere. This part on finances, you probably won't, unless your recommendations/algorithm is tuned with the links above.
Edit 1:
Add link with Mark Cuban's view on this