The Great Depression saw 25% unemployment and a third of farmers losing their land. Millions could die if it gets that bad today.
This sounds good to the "earth is overpopulated" crowd.
Not even close. The 2008 financial crisis is better comparison. And even then I think most negative effect will come from investors pulling money away from everything non-AI, than OpenAI/Anthropic/Oracle crashing and burning.
Before 2030, especially if the frontier AI labs begin to IPO before then.
I'm really eager to see how Anthropic's IPO this year (if it even happens) will pan out.