3 ms·
> Where's the trillions, or hundreds of billions worth in improved quality of life? I think these IPOs are going to mint tens of thousands of new millionaires
by JumpCrisscross 5mo ago
> Where's the trillions, or hundreds of billions worth in improved quality of life?
I think these IPOs are going to mint tens of thousands of new millionaires or something. That, in turn, will generate massive tax windfalls for all levels of government.
> other than the ability to produce more crap?
This is a big "other than." (And to be clear, the jury is still out on whether AI will let us produce more in the long run.)
- nixon_why69 5mo agoIt's not a pyramid scheme, it's a reverse funnel.
- avmich 5mo agoIf jury is still out on positivity, long term, of AI, I'd really like to see arguments for that. Historically all - almost? - technical improvements were net positive; even some blunders had upside. AI is dangerous, yes, but e.g. fission was developed for the bomb, and now powers significant numbers of households worldwide - the tech less than 90 years old.
- JumpCrisscross 5mo ago> all - almost? - technical improvements were net positive I think it’s very likely AI is a technical improvement. But there is still a chance it’s a small improvement being massively overbuilt.
- cloudfudge 5mo ago"Tens of thousands of new millionaires" sounds like a disaster tbh.