The Casandra Cascade: Industrialisation Of Fear
GenInnov Global Innovation Fund founder Nilesh Jasani believes that today's negative outlook on AI and the next technological revolution is a result of lazy! and ignorant commentary.
Doom is turning into a crowded profession.
Recently, another wave of financial commentary emerged with an apocalyptic tone, referencing past events like the South Sea Bubble, the Railway Mania, and the Dot-Com Bust, all leading to the conclusion of an inevitable collapse.
This has created a cacophony of collapse, where pessimism has become a competition, and predicting a standard market correction is no longer enough.
Absolute doomerism has become the new standard, according to Nilesh Jasani, Founder of GenInnov Global Innovation Fund.
Author's summary: Fear of AI and tech revolution is overhyped.
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