General Discussion
In reply to the discussion: I'm Going to Make a Huge Prediction [View all]Ol Janx Spirit
(1,074 posts)In an interview with the New York World published on November 17, 1895, on the topic of automobiles he said, "it is only a question of a short time when the carriages and trucks of every large city will be run by motors. The expense of keeping and feeding horses in a great city like New York is very heavy, and all this will be done away with. You must remember that every invention of this kind which is made adds to the general wealth by introducing a new system of greater economy of force. A great invention which facilitates commerce, enriches a country just as much as the discovery of vast hoards of gold.
https://www.saturdayeveningpost.com/2017/01/get-horse-americas-skepticism-toward-first-automobiles/
At the time most banks did not lend money to either consumers or manufacturers of automobiles because they were seen as luxury items rather than a productive part of commerce.
It would only take around 35 years from that point for the car to replace the horse.
Today, over 100 million Americans currently hold active auto loans.
It took just 66 years to go from the Wright Brothers' first 12-second powered flight in 1903 to Neil Armstrong walking on the Moon in 1969 despite the prediction just sixty-nine days earlier that it would take "one million to ten million years for humanity to develop an operating flying machine."
https://en.wikipedia.org/wiki/Flying_Machines_Which_Do_Not_Fly
The term "artificial intelligence" was officially coined and established as a discipline in 1956, so this is actually not as nascent a technology as many would actually believe.
What we see today is probably the equivalent of the Ford Model A 5-window Coupe.
In five years it will very likely be far beyond the equivalent of the 2026 Mustang GTD.
Minimize AI at your own peril.