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Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

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Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#351

Post by aborsy »

simianwords wrote: post #336
aborsy wrote: post #259

Earlier quoted context omitted.

Not necessarily. The benefits may barely trickle down, and the conditions for the majority could degrade overall.

Based on what evidence? The last few times this happened the whole world benefitted.

Based on extensive academic research on trickle-down economics, in particular looking into the evolution of real wages of different sectors of population, since 1980s.

See the work of recent Nobel prize laureates in economics. Many argue for redistribution and investment back to the society.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#352

Post by tjpnz »

akagusu wrote: post #97

The big question is what "society" he is talking about? Is it the "society" that includes all people, or the "society" that includes only rich people?

Manna ponders the same question. I don't think we're headed towards the "good" ending.

https://marshallbrain.com/manna1

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#353

Post by Lio »

bluefirebrand wrote: post #231
Buttons840 wrote: post #198

Earlier quoted context omitted.

That's the key. The poor are useful to business so long as they are a source of money and power. What happens if the time comes that the poor have nothing the rich want?

Historically in this case eventually the poor kill the rich Probably not this time though

I guess that’s why Larry, Zuck and Thiel, et al want constant recording of the plebs, so that ‘citizens will be on their best behaviour’.

This time there will be no revolution but it will be televised. :P

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#354

Post by yard2010 »

dinkumthinkum wrote: post #340
goku12 wrote: post #325

Earlier quoted context omitted.

That's a very relevant question. And as your question implies, we all know which society the billionaires talk about. But AI is just a technology like any other. It does have the potential to bring great benefits to humanity if developed with that intent. It's the corruptive influence of the billionaire and autocrat greed that turns all technologies against us. When I say benefits to humanity, I don't mean the AI slo…

What are the actual benefits? Where are all these medicines that humans couldn’t develop on their own? Have we not been able to develop medicine? What theorems are meaningful and impactful that humans can’t prove without AI? I don’t know what a solution to the climate crisis is but what would it even say that humans wouldn’t have realistically thought of?

It's a matter of prompt engineering, you have to be a really good engineer to pick the correct words in order to get the cure for cancer from ChatGPT, or the actual crabby patty recipe

;)

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#355

Post by vasco »

simianwords wrote: post #335
stinkbeetle wrote: post #327

Earlier quoted context omitted.

No they don't want that, because it could lead to an uprising against them. They want us provided with the essentials in exchange for being dutiful workers, so we have something to lose. Everyone should live in pods stacked together, eat insects, not drive our own automobiles around or fly places, we should be able to get our entertainment and everything to keep ourselves happy from their subscription entertainment s…

[flagged]

I found the comment to be quite sober and realistic. Other than usage of "they want" as a monolith group it's pretty accurate.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#356

Post by thrance »

simianwords wrote: post #335
stinkbeetle wrote: post #327

Earlier quoted context omitted.

No they don't want that, because it could lead to an uprising against them. They want us provided with the essentials in exchange for being dutiful workers, so we have something to lose. Everyone should live in pods stacked together, eat insects, not drive our own automobiles around or fly places, we should be able to get our entertainment and everything to keep ourselves happy from their subscription entertainment s…

[flagged]

Go repeat that to the nearest homeless guy. Wealth inequality is rising rapidly, and around a billion people on this planet still can't eat as well as they should.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#357

Post by iwontberude »

simianwords wrote: post #335
stinkbeetle wrote: post #327

Earlier quoted context omitted.

No they don't want that, because it could lead to an uprising against them. They want us provided with the essentials in exchange for being dutiful workers, so we have something to lose. Everyone should live in pods stacked together, eat insects, not drive our own automobiles around or fly places, we should be able to get our entertainment and everything to keep ourselves happy from their subscription entertainment s…

[flagged]

Back in my day…

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#358

Post by [deleted] »

amscanne wrote: post #147
Retric wrote: post #144

Earlier quoted context omitted.

Is the average person actually better off after the late 90’s internet is probably a harder question than it might seem. The long tail may be closer to what I want, but the quality is also generally lower. YouTube just doesn’t support a team of talented writers, Amazon is mostly filled with junk, etc. Social media and gig work is a mixed bag. Junk e-mail etc may not be a big deal, but those kinds of downsides do erod…

Are you being objective or just romanticizing the past? Just to use your example: YouTube is filled with talented writers and storytellers, who would have never been able to share their content in the past. *And* the traditional media complex is richer than ever. I don’t think average quality matters. Just what you want to consume. If anything, I’d be more open to the opposite argument. Media is so much richer and mo…

[deleted]

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#359

Post by seydor »

harmmonica wrote: post #92

Do I have this right that there have been no or at least very few pure AI IPO's during this cycle (I can't actually think of a single one)? So it's dissimilar to dotcom in that regard because during that time countless dotcoms went public with sky-high valuations and then failed. A bunch of reputable companies also went or were already public during that time and those saw huge valuation drops so that's more analogou…

there is no way they could raise that much money from public markets.

Also, there s no need to invent new tech names anymore. Marketing can add "AI" to the company name, or (as they say), change the wording from "Loading..." to "Thinking.."

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#360

Post by __oh_es »

tjpnz wrote: post #352
akagusu wrote: post #97

The big question is what "society" he is talking about? Is it the "society" that includes all people, or the "society" that includes only rich people?

Manna ponders the same question. I don't think we're headed towards the "good" ending. https://marshallbrain.com/manna1

What an incredible read - thanks for the share
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