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San Francisco, AI capital of the world, is an economic laggard

economist.com

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Re: San Francisco, AI capital of the world, is an economic laggard

#6

Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?

It is happening, just as planned and predicted. Last I checked every so-called AI company is swimming in cash, and so are their founders and leaders. You didn’t think the economic surplus would be evenly distributed, did you?

Re: San Francisco, AI capital of the world, is an economic laggard

#7

Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?

It is happening, just as planned and predicted. Last I checked every so-called AI company is swimming in cash, and so are their founders and leaders. You didn’t think the economic surplus would be evenly distributed, did you?

Some people said in their manifestos that AI was going to be Open and democratized and would benefit all of humanity.

It was 100% a rugpull but charitably not quite 100% predictable.

Re: San Francisco, AI capital of the world, is an economic laggard

#9

Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?

That's a multi-decade phenomenon based on historical precedents (in the best case scenario). Ultimately, whether that "best case" manifests is dependent on whether SF residents want it badly enough. It's a matter of political will -- residents' Progressive values have to actually align with how they vote and act (over the long-term)

Re: San Francisco, AI capital of the world, is an economic laggard

#10

Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?

It is happening, just as planned and predicted. Last I checked every so-called AI company is swimming in cash, and so are their founders and leaders. You didn’t think the economic surplus would be evenly distributed, did you?

Swimming in borrowed or imaginary cash without any hope of paying it back in the foreseeable future.
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