Piggybacking off the insane takes I saw [in this thread earlier this morning](https://www.reddit.com/r/investing/comments/1r8yv6d/openai_doesnt_make_sense_at_all/), I gotta ask this community: How exposed are you to the Magnificent 7 right now, and how screwed are you/your gains if their promise of some utopian future of AI doesn't actually pan out?
Because as someone who recently had his entire industry completely decimated by AI from both sides (search/SEO traffic plummeted, chatbots started writing almost all content instead of reporters), I can't buy any goods or services other than rice and rent these days.
So, here's our two scenarios:
1. AI increases productivity among workers, increased productivity means increased profits, everyone wins, right?
2. AI replaces workers in an economy that is already shrinking due to population decline, there's less money going to the lower and middle classes (the replaced), and these tech companies end up with all this increased productivity but *no one left to sell products and services to because no one has a fuckin job anymore.*
I just genuinely don't understand where you all think/hope this thing is going. If AI works the way they say it will, it destroys the economy. If it doesn't and the bubble pops, the market is so overexposed at this point that AI also destroys the economy.
But hey all you Nvidia bag holders sure are confident that everything is gonna somehow, someway, be better because the AI line went up, huh? How much of your future house payment are you banking on that reality coming true?