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The complaint was that it's the people who own the equipment (or shares in it), and not the people who do the work, who are reaping the profit. When the workin
by frenchyatwork 5y ago
The complaint was that it's the people who own the equipment (or shares in it), and not the people who do the work, who are reaping the profit.
When the working class had this problem a couple centuries ago, it was solved by building guillotines. I hope we can do better this time.
- thehappypm 5y agoYou’re conflating two things. Feudalism is like slavery: taking credit for someone else’s labor. Automation removes the need for labor. Automation has almost universally led to quality of life improvements, not revolution.
- rowanG077 5y agoTo start an AI company you generally don't need much. A few thousands in GPUs and you are good to go. If AI researchers feel they are underpaid there is literally nothing stopping them from starting a company themselves.
- gmadsen 5y agothat is absolutely not true. I'm not sure where you are getting your information, but read anything from an angel investor. most AI start ups fail because they go into huge debt getting correct data and training models, which end up bankrupting them in the process with nothing to show for it
- rowanG077 5y agoIf you need to collect date then you are not only an AI company. And in that case a large company is indeed needed.
- fartattack 5y agoSorry, are you claiming that the French Revolution occurred due to bad labor practices? Or did trust busting and unionization in the late 19th century US utilize guillotines? Either of those would certainly be a.. uh.. let's go with "novel" retelling of the history! Or did you mean Red October? Because I'm pretty sure /that/ revolution didn't actually solve any problems for the worker in the way things actually panned out
- wetpaws 5y agoI don't see any problem with it, stock market is open for everyone.
- giovannibonetti 5y agoNowadays startups often delay going to the stock market, and remain private while they're growing fast. It's only when they are growing more slowly and the VCs want to get out that they go public. This way, the average investor usually does not reap outsized benefits from the ride.