[HN Gopher] Businesses are in for a mighty debt hangover
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       Businesses are in for a mighty debt hangover
        
       Author : mfiguiere
       Score  : 18 points
       Date   : 2023-05-16 22:26 UTC (33 minutes ago)
        
 (HTM) web link (www.economist.com)
 (TXT) w3m dump (www.economist.com)
        
       | fnordpiglet wrote:
       | While many think it's a hype cycle, which it is to some degree, I
       | think generative AI is about to pour gasoline on economic growth.
        
         | rlytho wrote:
         | The question is how?
         | 
         | Same old "everyone starts a tech company and white collar
         | workers continue to exploit manual laborers" or local AI
         | craters entertainment and software employment as viable options
         | for the masses since the machine can just generate state asked
         | of it, so we kick off rebuilding/modernizing all the crumbling
         | real infra?
        
         | matrix_overload wrote:
         | Be careful with your estimations. Generative AI currently
         | resembles VR in 2018. Very impressive as a technology, and will
         | certainly find its niches, but grossly overestimated by the
         | public.
        
         | ssalka wrote:
         | Having engaged in a couple previous hype cycles (2017 crypto,
         | 2020 tools for thought, 2022 Twitter alternatives), this one
         | feels qualitatively more mainstream, and thus overall larger -
         | it's not just tech bros getting into these tools, it's
         | virtually everyone. So I tend to agree that we're going to see
         | a big AI boom in the coming years.
         | 
         | My main question at this point is whether regulation and/or
         | lawsuits will hamper any of that progress or at least slow it
         | down.
        
       | qup wrote:
       | https://archive.is/77Zvv
        
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       (page generated 2023-05-16 23:00 UTC)