That it is just the demand in itself and the stupidity or “greed” of AI and chip manufacturing companies, rather than the inevitable trajectory of a capitalist economy where infinite growth subordinates the real material limitations of production (which includes the limitations of computation in general). So, they produce the conditions where profit increases by cannabilizing the market, which is a different thing than them just being some particularly bad acting individuals.
What’s the typical explanation?
That it is just the demand in itself and the stupidity or “greed” of AI and chip manufacturing companies, rather than the inevitable trajectory of a capitalist economy where infinite growth subordinates the real material limitations of production (which includes the limitations of computation in general). So, they produce the conditions where profit increases by cannabilizing the market, which is a different thing than them just being some particularly bad acting individuals.