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It's in your pension funds. When it collapses you'll pay the price and not a single executive will go to jail.

Can you put in perspective the environmental damage per unit value to society Vs other industries?

Capitalism had no doubt granted you your modern life however it has also granted extreme poverty to others in the same country and granted exploitation to those in poorer ones .... Oh and systemic ecological collapse for the entire world it's granted that too.

Something can be both useless and taking people's job so long as the people who hold power over said jobs don't care about the quality of the output ,no?

Wrong question: they can easily collapse by overbuilding, creating deeply incestuous webs of financing deals where one leg falling leads to cascading failures. Collapse of many of these labs could indeed happen, *even though* the services are wildly popular and the tech isn’t going anywhere.

They will absolutely expect to be bailed out.

Led by a bunch of malicious geek Bond villains.

It's all those things already.

these are probable pretty optimistic outcomes. Nuclear war is what I'm worried about.

The look on this guy's face in every picture of this guy looks like he knows he is in trouble, and he knows we know it too...

And a population that will allow a computer application that hallucinates to make major decisions for them.

WOW, IT'S THE END OF THE EARTH. I hope AI does not help us find a cure for cancer or help us develop the next vaccine for the Ebola epidemic.

It's going to be the housing market/bank bailout/vehicle bailout all over again 😮‍💨