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Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

reuters.com

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Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#3
I'm delighted to be wrong about this

Sorry, he's lying --- again.

Forget what he says and look at what he and others are doing --- the amount of money being spent on AI is truly epic.

Just 4 companies (Alpabet, Meta, Microsoft and Amazon) say they plan to spend $725 billion on AI this year.

If Sam is right now; if AI will not transform the job market, then this level of spending is an absolute waste and the "AI bubble" is actually way bigger than has been feared.

https://www.statista.com/chart/35046/capital-expenditure-of-...

Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#6

Sam is like my last manager. The dude changes what he says based on who he’s talking to and then still always manages to do the wrong thing.

To be fair tho, if you were in the shoes of "How to make the company grow as much as possible, make money as much as possible", ethics aside (because your goal would be just to make as much money as possible and score investments repetitively), we'd probably behave in a similar way.

Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#7
'He said he had been using AI to respond to Slack and email messages but had reverted to answering some himself. "I had it reply to messages, saying 'this is Sam's AI' and it was an amazing example to me of we really do care about people," he said. "We really do care about our interactions with people and this thing, which is a huge amount of my time, is not something that I can imagine myself outsourcing to an AI anytime soon."'

And yet Zuckerberg is creating an AI version of himself to interact with his employees... So one of these AI titans is presumably wrong.

Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#8

I'm delighted to be wrong about this Sorry, he's lying --- again. Forget what he says and look at what he and others are doing --- the amount of money being spent on AI is truly epic. Just 4 companies (Alpabet, Meta, Microsoft and Amazon) say they plan to spend $725 billion on AI this year. If Sam is right now; if AI will not transform the job market, then this level of spending is an absolute waste and the "AI bubbl…

This is the danger of a winner-take-all economy. They have no other but spend insane amount just to remains on top, even if it doesn't make economic sense short and medium term. There is no evidence AI will impact the GDP positively. To make things worse, so far, the use of ressources (electricity, chips) make it inflationary.

Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#9
post #8

I'm delighted to be wrong about this Sorry, he's lying --- again. Forget what he says and look at what he and others are doing --- the amount of money being spent on AI is truly epic. Just 4 companies (Alpabet, Meta, Microsoft and Amazon) say they plan to spend $725 billion on AI this year. If Sam is right now; if AI will not transform the job market, then this level of spending is an absolute waste and the "AI bubbl…

This is the danger of a winner-take-all economy. They have no other but spend insane amount just to remains on top, even if it doesn't make economic sense short and medium term. There is no evidence AI will impact the GDP positively. To make things worse, so far, the use of ressources (electricity, chips) make it inflationary.

It all started with political corruption, regulatory and policy capture of government by ever-increasing wealth, and deregulation and tax cuts that shifted incentives away from creating a middle class to creating a tiny cadre of billionaires. Taxing the rich heavily is vital to sustaining civilization, because without it, people are going to be much poorer relatively than they otherwise could've been and so they'll leave or not have kids.

Re: Sam Altman: I was wrong, AI unlikely to lead to jobs apocalypse

#10
I don't see any benefit to quoting sama. I'm trying to think of contexts where it would make sense, but you could just look at what OAI's doing for better reliable information.

It's like quoting musk on his predictions of the future but worse sama's motivates seem more complex than musks. (we know musk wants his companies to seem as valuable as possible so exaggerates things, but sama says stuff "like AI will probably lead to the end of the world… but in the meantime, there'll be great companies." What on earth does a person who says this actually think?)

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