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

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431–440 of 668 posts

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

#431

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…

don't forget the dismantling of the local community and family identity to make people reliant on the government preventing resistance by division.

People do this to themselves and willingly, no spooky evil capitalists behind the curtains are necessary.

People love money and what they can bring on the table, people often hate each other ie within families stiffed by peer pressure and expectations of mentalities formed in another very different era, people love discovering new countries and cultures. And so on and on.

Ie me - I love my parents, my childhood was normal, only later to find and compare with others to see how such childhood was... abnormally uncommon. But I very much prefer seeing them few times a year only, even though we love when they help with kids. Some of their opinions are very outdated, their ramblings are often out of touch with reality, they tend sometimes to spoil kids (even after setting boundaries), and overall generational gap is absolutely massive. It is a form of freedom. Make that 10x more in much more strict societies where pressure and expectations from parents on kids are massive and then they wonder why kids stay the heck away from them once adults.

And fuck local communities, for every good-hearted neighbor who just wants to socialize and help out and otherwise stays away from one's life, there is easily 5 or 10 who are the epitome of nimbyism, voyeurism or similar hobbies of people with empty lives, clueless on how world and people actually work but always with very strong opinions on everything and will to push those on everybody else.

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

#433
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?

What value does your question add, if it wasn't Bezos saying this would you have the same question?

How are you defining rich, Billionaires? It's sad that your comment is the top post.

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

#434
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?

You're most likely correct in thinking 'we would get there eventually'. But in the case of medicine, would you like to make that case to those who don't have the time to wait for 'eventually' - or who'll spend their lives in misery?

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

#435
post #163

Earlier quoted context omitted.

HN said the same thing about Uber forever.

Uber didn't invent anything, they drove taxis out of business then jacked up the prices, squeezed the workers, and now everybody is riding around in regular people's crappy cars for more than a cab cost. And now I need a phone and to maintain my relationship with these two crappy companies rather than to wave at the street (which is what I used to do to get a ride.) That was literally what everybody said would happen…

> Uber didn't invent anything

They didn't. They innovated, practically implemented ideas that resulted in the introduction of new goods and services [1]. This is a meaningful difference.

Uber didn't invent anything. But they did pull ridesharing out of a hat.

[1] https://en.wikipedia.org/wiki/Innovation

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

#436
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?

What value does your question add, if it wasn't Bezos saying this would you have the same question? How are you defining rich, Billionaires? It's sad that your comment is the top post.

The fact that Bezos is saying this is precisely why the commenter is asking this. He clearly stands to benefit massively from the bubble. Statements like this are meant to encourage buy-in from others to maximize his exit. Presumably "rich" refers to those, like Bezos, who already have incredibly disproportionate wealth and power compared to the majority of people in the US. I'm honestly not sure what the thrust of your comment even is.

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

#437
All the smartest people I know in finance are preparing for AI to be a huge bust that wipes out startups. To them, everyone in tech is just a pawn in their money moving finance games. They view Silicon Valley at the moment salivating on what there plays are to make money off the coming hype cycle implosion. The best finance folks make the most money when the tide goes out… and they’re making moves now to be ready.

Take that for what it is.

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

#438

Earlier quoted context omitted.

I don't understand this argument. Speaking as a kid who grew up middle-class as an 80's teen obsessed with (the then still new) computers, a non-rich person has access to more salient power today than ever in history, and largely for no or low cost. There are free AI's available that can diagnose illnesses for people in remote areas, non-Western nations, etc. and which can translate (and/or summarize) anything to any…

The problem is if the system leads to demotivating people more than motivating them on average, which risks a negative feedback loop where people demotivate each other further and so on

Yes, just read reddit or this thread.

I'd love to see the people's lives saying how bad it is now. My guess is they have every luxury afforded to them. There is strong negativity bias.

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

#439
post #437

All the smartest people I know in finance are preparing for AI to be a huge bust that wipes out startups. To them, everyone in tech is just a pawn in their money moving finance games. They view Silicon Valley at the moment salivating on what there plays are to make money off the coming hype cycle implosion. The best finance folks make the most money when the tide goes out… and they’re making moves now to be ready. Ta…

Especially startups in AI are at risk, because their specific niche projects can easily be outcompeted when BigTech comes with more generalized AI models.

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

#440
post #437

All the smartest people I know in finance are preparing for AI to be a huge bust that wipes out startups. To them, everyone in tech is just a pawn in their money moving finance games. They view Silicon Valley at the moment salivating on what there plays are to make money off the coming hype cycle implosion. The best finance folks make the most money when the tide goes out… and they’re making moves now to be ready. Ta…

I'll take it for finance people being totally clueless, right? Have you talked to these people about AI?
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