Google announced its new plans for AI this week at their annual I/O developer conference, and to say that not everyone in the Tech Industry was thrilled by their plans to integrate Generative AI into their search engine, would be an understatement.
Emily Dreibelbis, writing for PC Magazine, published one of the more apocalyptic articles warning that Google could basically destroy most websites on the Internet.
Maggie Harrison, writing for Futurism, issued similar warnings for the future of independent journalism due to Google's plan for Generative AI, noting that Google still owns 91% of all Internet searches.
This is one of the REAL dangers of AI, the fact that the largest technology companies that control the Internet could very easily drive everyone else out of business and thereby control all the content on the Internet.
And in fact, that trend has already started in the technology sector, as year-to-date there have already been 193,860 employees laid off in the technology sector, with many tech businesses failing, as well as some of their top banks also failing, like Silicon Valley Bank, that funded these companies.
This investment in the future of AI, is the main thing holding up the U.S. stock market right now. Five technology stocks, Google, Apple, Microsoft, Meta and Amazon, have accounted for 89% of the S&P 500 YTD price return.
It is looking more and more every day that we are looking at a total market collapse at some point, and then only the largest banks and the largest technology companies will be left, because they are "too big to fail," especially since the U.S. military and their Intelligence agencies all depend on Big Tech, who hold all their data in their Cloud Computing data centers.
This appears to be the goal of the Wall Street billionaires and their bankers, since there is no way they can pay off their debts. Just crash the entire financial system, and choose which Tech companies and banks survive.
Then they will have total control of the flow of money as they require digital IDs and work towards a Central Bank Digital Currency, operated by the Big Tech companies that survive, who will also control the flow of information through AI.
Will enough Americans wake up soon enough to prevent this from happening, or will it take a total collapse of the economy to reveal what is really happening with this "Great Reset"?