Imagine all the trillions in resources thrown into the AI burning money pit circlejerk. All that human labor, went into actually **increasing output of real things** that make our lives and society better.
Instead of making the ever increasing consumption share of the top 10% bigger and bigger.
Nope "AI" bubble is not being pumped with enough fuel. Tech bros are in crisis, they're not getting rich fast enough. Let's throw more money, more debt at it. Let's make everyone pay for it with higher prices.
Then when it inevitably blows up let's make sure we borrow from everyone's retirement and children to bail them out again.
You left out one key observation in your list of insights that I otherwise 100% agree with. Collectively, we chose this. Collectively, we voted for this. No one is putting a gun to everyone's head and forcing them to doomscroll. The utterly gargantuan daily user-count at GPT and Claude isn't being forced. Our government dismantled the middle-class and everyone kept voting the same turds into office, decade after decade. What do you expect? This isn't injustice - this *is* cause and effect. You might argue something something, don't have choice. If that's what you believe, then this is all fate anyway. You blame the tech bros and the wealthy like they're the sole perpetrators, when it was the deluge of the boomer middle-class that rode this wave to two homes, three cars, and $2m in retirement while working some job that required a high-school diploma, and they never once stopped to wonder if they should vote to build a better social safety-net (in fact they actively voted against it).
Welcome to America. My sincere advice (and I'm not being snarky, I think about it every day) is to move to the EU if you don't like. I know i don't like it. Our mountains are way better though...