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There are two mindsets at play here, the cynics vs the optimists. I’m an optimist to a fault by nature, but I also think there is a kind of Pascals bet to be played here.

If you bet sensibly on the current bubble/wave and turn out to be wrong - well you’re in the same place as everyone else with maybe some time and money lost.

But if you’re right things get interesting.

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> But if you’re right things get interesting.

In what way? If the current bubble/wave turns out to be right doesn't that mean we're all out of a job? Unless by betting on it you mean buying Nvidia stock?

We might all be out of a job if the AI reached superhuman performance at everything (or even just human at much lower cost), but even without that this can still be a 10x speedup of the rate of change in the industrial revolution.

What "out of a job" means is currently unclear: do we all get UBI, or starve? Just because we could get UBI doesn't mean we will, and the transition has to be very fast (because the software won't be good enough until one day when a software update comes) and very well managed and almost simultaneous worldwide, which probably means it will go wrong.

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