I was thinking about this yesterday. Even in the implausible world of tomorrow scenario where AI and robots are doing all the work, how does money retain value? Capital is created by exploitation.
I would be seriously surprised if any billionaire asshole is thinking more than one step outside of their own personal interest.
Yes, three or four steps down the line you arrive back to their personal interest in the terms you speak of, but I think everyone involved in the AI/robotics circlejerk only think: “how can I get this to make me $626,373,637,478,226,748,483?”
They aren’t even thinking into as far as 2028. All of this comes crashing down by Q3 2027, possibly sooner if a general recession comes first. Throwing more compute at their LLMs aren’t going to achieve AGI and that’s what they need to payoff their loans and investors. This is like analagous to Enron, but bigger. Music will stop soon.
Everyone is worried they are losing their jobs to AI when there hasn’t been a single company to show efficiencies from adoption yet. Some of these companies are paying 4x in tokens than they were in salary for a worse output. Now I am not saying mass layoffs aren’t coming… But it has nothing to do with AI.
I was thinking about this yesterday. Even in the implausible world of tomorrow scenario where AI and robots are doing all the work, how does money retain value? Capital is created by exploitation.
I would be seriously surprised if any billionaire asshole is thinking more than one step outside of their own personal interest.
Yes, three or four steps down the line you arrive back to their personal interest in the terms you speak of, but I think everyone involved in the AI/robotics circlejerk only think: “how can I get this to make me $626,373,637,478,226,748,483?”
They aren’t even thinking into as far as 2028. All of this comes crashing down by Q3 2027, possibly sooner if a general recession comes first. Throwing more compute at their LLMs aren’t going to achieve AGI and that’s what they need to payoff their loans and investors. This is like analagous to Enron, but bigger. Music will stop soon.
Everyone is worried they are losing their jobs to AI when there hasn’t been a single company to show efficiencies from adoption yet. Some of these companies are paying 4x in tokens than they were in salary for a worse output. Now I am not saying mass layoffs aren’t coming… But it has nothing to do with AI.