Two Perfect Storms For Revolution Brewing Right Before Our Eyes

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Two Perfect Storms For Revolution Brewing Right Before Our Eyes
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Original Article By John Loftus

Two perfect storms that could lead to an all-out revolution are brewing right before our eyes.

There’s been much debate about AI in recent weeks, whether it is a bubble, and whether the actual technology is as transformative as it is hyped up to be by Silicon Valley. Should states be allowed to regulate AI as they see fit? Are the tech bros making AI too big to fail? Will the taxpayers need to pony up and bail them out if/when the time comes? Can the U.S. power grid even handle all the new data centers, some of which are lying dormant? How will consumers pay for the higher electric bills driven by these data centers? Will they actually create permanent jobs?

The two biggest factions in the debate are the pessimists and doomers, of which I am a part, and the optimists or the outright utopian cultists who believe that AI will lead us all to the promised land.

The pessimistic side thinks that AI is a massive bubble and that the technology is not going to revolutionize businesses and certain fields like medicine. These critics have routinely pointed to Meta’s circular, seemingly Enron-esque financing, the lack of energy to power data centers, OpenAI not being able to turn a profit, and the snail-pace of the data center build-out as evidence that this big bet won’t pay off, among other things.

The cultists wholeheartedly disagree and think that AI is the greatest technological innovation ever and that it is a national security imperative that we win the AI race against China. Massive intervention and subsidies from the federal government are necessary if we are going to beat the CCP, stimulate growth, and bring manufacturing jobs back to America.

But, in either outcome, we will have perfect conditions for a revolution.

If the AI doomers are correct, and it’s all a big scam, there will probably be a financial meltdown worse than 2008. In the wake of such a financial catastrophe, people will get desperate and want huge, immediate, and revolutionary changes to the system. It will make Occupy Wall Street look like a picnic.

And if the AI cultists are correct, and it’s truly a transformative technology, we can look forward to mass layoffs and high unemployment among the educated. Again, people will get desperate and demand revolutionary intervention. President AOC inbound.

I hope it doesn’t come to this, because it will not be pretty. Unfortunately, our ruling class is driving drunk off a bottle of pure delusion, trying to take the exit curve at 95 mph. No one is thinking this through.

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