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I don’t get why people find it so hard to understand that a technology can be value-additive and still be in a position of massive overinvestment. Every generat
by lucaslazarus 1y ago
I don’t get why people find it so hard to understand that a technology can be value-additive and still be in a position of massive overinvestment. Every generation of Californians seeks to relive the 1848 gold rush, spending millions excavating rivulets for mere ounces of (very real!) gold.
- petesergeant 1y agoExactly this. The future impact of AI and the financial credibility of OpenAI as a business are completely distinct.
- m4rtink 1y agoNot to mention the 1848 gold rush pretty destroyed the existing society, culture and businesses: https://en.wikipedia.org/wiki/California_gold_rus https://en.wikipedia.org/wiki/California_gold_rus Not to mention thousands of native inhabitants getting killed or enslaved: https://en.wikipedia.org/wiki/California_genocide https://en.wikipedia.org/wiki/California_genocide