I lived through dotcom boom and bust, and there had been a lot of craziness, but when the dust settled, we have now a functioning internet economy, and I am able to sit at home in my pajama pants working for an international company that has employees all over the globe, while enjoying many other conveniences the internet brings me - and all this is enabled by what started during dotcom era. It is true that it did not match the most wiled-eyes predictions, but also a lot of things did change, and a lot of things did improve. If the AI boom followed this trajectory - which is of course no guarantee of, but if we assume that - then there is going to be a lot of crazy stuff to come, but at the end of it, the dust will settle and we will be mostly better off from it. Some people would become billionaires, some undeservedly so, some people would be ruined, some also unfairly so, but for most people, at the end it won't be that huge.
We are in the era of people using geolocation to remind them about their grocery list when they're near a store. In 10 years we will be in the gps and uber era.
Its just that it will be bumpy when this bubble crashes. And the US isnt as stable and sane as it used to be. I wonder if the economy can be steered through waters this rough
