''Ai will be modified, regulated to prevent machines taking over.''
I don't think that's possible
why? - because we won't be able to handle the workload - we can't keep up with legislation now
imagine how much more legislation will be required in a decade of technological 'explosion' and it is going to be 'explosion' ------------- it's already baked in
imagine the legislation that we've had to introduce in the last 50 years because of technological changes -
now, in the next 5 years (guessing) - we'll have as much or more technological change as in the last 50 years
how are we going to deal with that?
as to pessimism -------- often it's merely observation. Like I said in those 2018 posts about a coming rental crisis and homelessness crisis -----
they were nothing but observations ----------- then, I stated - an opinion on how we would handle it - I did not know ------------ (ok, my confidence wasn't the highest - ya got me there)
hmmmm - I think we do have a crisis coming - a real crisis of massive social proportion - but, probably not the one we have been expecting.
What I see is that if we keep up the immigration rates ----- then, along with the latest findings about dodgy bank practices - and the absolute clamping down on lending practices resulting from that - along with thing like the clampdown on interest only loans -
what we will have is less people being able to get mortgages --
which might result in some price correction - but, by far - by a country mile will have massive implications on the rental scene.
What we will end up with from what I can see is massive rental demand - massive rental price rises and probably massive rises in homelessness
How governments respond to that will be anyone's guess - given their ineptitude in the area of crystal ball gazing and putting in place mechanisms that can only be described as childish folly.''
