I saw a post on Mastodon saying that we shouldn't be wishing/hoping for the AI bubble to burst as it will hurt lower/middle-class folks.
Guess what the AI bubble is doing right now? Jacking up electricity bills and property values for smaller business who want to move or expand.
Cities, counties and states are giving datacenter companies years of property tax rebates or nixing them completely. That impacts everything from local services, education, emergency services, etc.
The mad frenzy for hardware (processors and various forms of memory, spinning drives) is causing the cost of tech goods to ramp up dramatically, impact those who are trying to purchase equipment (schools, libraries, etc.) that are already strained by the lack of property taxes.
Miss me with you being on your high horse and actually understand the impact that the AI bubble bursting has for the lower/middle-class folks.