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Western Digital runs out of HDD capacity: CEO says massive AI deals secured, price surges ahead
(www.tweaktown.com)
This is a most excellent place for technology news and articles.
So basically the consumer market is screwed until the AI bubble bursts and manufacturers (GPUs, RAM, HDDs, etc.) can rebalance their production lines back to the pre-AI division of enterprise vs consumer product.
As workers, we are majorly screwed no matter what happens. Either AI/Robotics takes off, and creates a permanent 50% unemployment class, which MAGA will solve by exchanging basic subsistence needs like shelter and water in work camps, where we will be leased out to corporations as slaves, under the 13th Amendment. Also a good place for any dissenters, journalists, attorneys and judges who won't go along, etc.
Or maybe the bubble will pop, and we'll have a repeat of 2008, except 100 times worse.
No matter what happens, the citizens are going to take it in shorts.
Rather US centric view there. What'll happen to the majority of the world's population?
I can't speak to what the rest of the world might do. Some countries may choose to prohibit fully automated operations.
I just know that in America, any chance to mitigate the damage caused by widespread adoption of automation like fast food operations, will be completely dismissed under a MAGA administration.
Dems should introduce a "Robot Tax" which at least makes up for the lost tax that the now unemployed employee would have been paying. Otherwise we have unemployment rise sharply, as tax collections shrink sharply.
I was just speaking to a MAGA business acquaintance, and HE brought up the idea of the Robot Tax, calling it stupid. When I pointed out the tax situation, he just said "Taxes should be illegal, they're immoral." As if MAGA hadn't given up on morals long ago. He doesn't have a problem with the morality of completely ending an entire industry's employment base, just to increase profits for a billion dollar company.