AI is not going through a bubble, it’s going through a frozen shakedown, in a society woefully not prepared to understand how to exploit its purpose, value, and usage.
The billionaire investors and political landscapes know they have something big with AI, but unlike typical colonization where the people and resources are manipulated for the biggest buck for the bang (post takeover), AI right now is like a flux capacitor without the Delorian. And the amount of power it’s welded, has not produced enough profitable progress translatable to bureaucratic agendas only willing to “approve for play”.
Basically, the controllers and gatekeepers of AI are too lofty to admit, they didn’t factor other people they feel are less intelligent and less technologically inclined, have to approve it’s use to generate any real advancements. The public doesn’t understand the hype beyond memes and deepfakes. The future of AI policy is left to the same people who don’t support billionaires but, still shop at Walmart or simply frustrated they can’t call the cops or ICE on AI. Then there is the civil rights factor for sincere policy, how do you develop a fast moving innovation that could potentially violate 100 different ways before a new updated law can even be passed? Is there a consideration for retroactive laws if the developers of those laws barely understand the tools they have to review?
Too Vague In Market Ownership
The access to own AI is merely based on potential. The stock markets, private markets, and crowdfunding investor portals all have the public’s interest and dollar to be placed towards a big ole should coulda woulda. No one is seeing real gains from the AI yet because its being kept in a political vault. Until the people who can approve AI see how they can personally gain from it, don’t expect to see any equatable outcomes beyond hardware and the coldware needed to make AI fully functional.
You Can’t Lie On An Efficient Worker (AI)
AI’s efficiency might be scary to many people who’ve functioned in the workplace, business community, and union based industries that survive and thrives on accusations, affiliations, and bias. How can you say a worker is late (when they’re not) and AI shows proof? How can you claim a potential hire is not qualified but the algorithm shows otherwise? How can you hide funds, evidence, or practice plagiarism, if the AI becomes the new accountability system. For some its not that it will just take jobs, its mere existence might expose unethical practices in the hiring and employment sectors.
The Public Infrastructure Isn’t Ready
When the Gutenburg movable type method was created, it was the AI of its time. The ability to mass produce text, without the 2+ year commission writings from religious monks, led to a revolution for religion. The bible became an unlikely benefactor of books being mass produced, because at the time it was the only type of book allowed to be shared during the enlightenment age. The problem, if you weren’t literate, a book, even if its the bible wouldn’t put food on your table, or solve cholera, or the European marauders invading your village.
Read – https://en.wikipedia.org/wiki/Printing#printing_revolution
For many the mass production of the Bible is a valuable asset to learn how to engineer a world through the eyes of civility, but if you couldn’t read it, it was a great fire starter in the winter. And that’s what AI is for the current society. Reading existed before the Gutenburg printing press but, the society that should have benefited from the printer first, were illiterate. Despite 2000 years prior showing Confucius, Moses, and the Mesopotamian societies reading and writing. Yet, nothing stopped Europe from allowing its citizens to participate in literacy, only to see its society struggle with classicist implementation of the invention until years later.
In modern era, AI is that Gutenberg press becoming an innovation where the tech illiterate public doesn’t know how its going to put food on its table (yet). And only a few who really understand its value, will benefit from its innovation beyond stocks and “economic potential.” Until then, the public and politicians ignorance will witness a new form of class divide begin, and the opportunity to buy in now, will pass, and the inability to understand technology at this new level, will turn those dismissing this new era in society, to simply looking it down to fans watching a team they don’t own from the stands.