The same way after a theft or robbery happened. The theives got richer.

Be careful when you claim AI is an existential threat to humans.

Do you know what people and countries are justified to do against existential threats? They are justified to destroy these threats.

Are these AI companies saying that Russia and China (and every human beings on Earth) are totally justified to bomb these AI companies and their datacenters to a crater to stop them from destroying all humans?

The Internet is a real thing and stayed with us, doesn't mean the Dotcom Boom back in 2000 wasn't a bubble. I doubt the current profits of all internet companies can justify the stock prices 26 years ago, even assuming those companies back in 2000 all survived to this day.

The current "investment" into AI absolutely dwarfed the Dotcom Bubble, there is no way the future profits of AI companies can justify their current valuations. We definitely has a bubble right now, and it is just a matter of time it bursts.

Is it?

This is called Online-to-Offline (O2O), I heard that Japan have this to perfection, e.g. you register for an event on their website, they email you a QR code, you would think you should this QR code on your phone to enter the event? Nope, you need to print out the email and hand in the physical paper with the printed QR code to enter.

Not to mention entering data into a spreadsheet then print it out to fax to the recipient.

I think US banks have a lot to learn from the Japanese, LOL.

Not just the rehired ones, EVERYONE in the company will be hoarding critical information and making it inaccessible to AI if they have any sense.

Depends, is “keeping the company running” an acceptable achievement? Is that one achievement enough or must one make up two more just because management asked for three?

Hands up, how many remembers all the blockchain articles asking "Can Blockchain Transform xxxx?"

Has Blockchain transformed anything yet?

AI is the new Blockchain, a huge bubble looking for problems to solve to justify the bubble.

Does that include getting out of American influence also?

Yes, it is basically Netherlands office going rogue.

If it were a Chinese office with a Netherlands owning company, you can be sure the /. headline would be "Chinese Office Going Rogue Against Netherlands Owning Company".

By calling it "Civil War" the headline is misleading people into thinking both sides were on equal footing.

"The market can stay irrational long than you can stay solvent."

Fund managers with more than 10 years of experience knew that trying to short the market during a bubble is just as likely to bankrupt you as to make you rich. The most difficult part of a bubble is no one has yet found a way to predict with any confidence when it will burst.

For fund managers whose bonus is tied to how they compare to "the market" (i.e. everyone else), the safest path during a bubble is to dive into bubble like everyone else. If the bubble did not burst, they all make gains and pocket nice bonus. If the bubble did burst, every fund manager loses a whole lot of people's money but hey! we are competitive with "the market"!

For people investing with their own money, your best bet is to pull out entirely like Warren Buffet did, unless you don't need the money until 10-20 years later, then you have the option to leave them invested in non-bubble related investments and ride through the burst and subsequent recovery.

100% this.

Smarter hotels should tell their customers they would refund the difference if their room prices (for the same class of room) dropped after the booking. That, plus no penalty cancellation, makes customers more willing to book long in advance, in turn allows better planning for both the hotel and the customers.

What hotels do now only encourage travellers to book only in the last minute and hence create sudden surges which is bad for both customers and hotels. It further discourages people from travelling for leisure and in the long term reduce customers for the hotels.

Wow, they have a Plan B in case of things going wrong, what a concept!

I can envision a future where everyone has their own AI agent who will generate music they like to hear, anytime they wanted it.

And anyone can share what they like with other people, without the pesky stuff like copyright blocking them.

Similarly for novels and movies.

That will be the end of so-called "content creators" who produce junk content and make a living by creating lots of them.

That works for gamers just as well.