Earlier quoted context omitted.
I'm almost certain there is biblical-level astroturfing happening to make camp (1) much bigger than it really is. Otherwise, Schmidt wouldn't have drowned in a sea of boos at his commencement speech at UA.
I think there’s also a lot of people who haven’t quite realized what side they’re on. A ton of techies confused better than average pay with being part of the upper class and didn’t realize that the average CEO/VC views us roughly the same as the janitors except more expensive and less reliable. If you’re currently working at a stable tech job, it’s easy to focus on the cool things you can do and ignore how hungry th…
That "lower-value human capital" isn't janitors - it's a wide array of highly skilled professions including software engineers and many others. Of course the guy who's at the top engaging in nothing but 'unfalsifiable' fuzzy actions, and could be replaced (sans his connections/corruptions) most easily of all, is ultra-high-mega-untouchable infinity value humanity embodied.
I really don't like what big business does to people, on the bottom and the top. The fact somebody could even use the term lower-value human capital without cringing at themselves, let alone to a reporter in public - that's one hell of a bubble this guy lives in. And now we're dumping "AI" into this bubble. WCGW?
[1] - https://news.sky.com/story/standard-chartered-to-replace-low...