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Everyone feared AI taking over; the real danger is AI serving just the few
91–97 of 97 posts
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#92Earlier quoted context omitted.
How is money not zero sum? I agree prosperity as such isn't, but money, land, other things are limited. And wealth is only wealth because not everybody else has as much, right? As in, it doesn't matter if you have a dollar and I have 100, or you have 1 trillion dollars and I have 100 trillion dollars, it's the same difference.
I think that wealth is pretty much comparative, as you said, but I think that money (which I'm interpreting as an indentifier of worth, tell me if that's wrong) isn't zero sum. Price is (generally) proportional to value , measured in how much you stand to benefit by owning/selling/using an asset as compared to doing nothing. The physical dollar bill may have limited circulation at a moment in time, but value fluctuat…
"Value", being subjective, is just warm fuzzy feelings. You can't measure it, let alone prove that it's proportional to anything (such as price, which is objective), and you can't pay bills in it. They say how much "value" something has is determined by how much is satisfies someone's wants. But you can't sell how satisfied you are. Money is what determines what you can afford, not "value". If you have money, or can get money easily, you are rich, and if you don't have and can't get money, then you are poor. Money IS zero-sum. For someone to acquire money, someone else must spend money. The only exception is when the Federal Reserve creates money out of nothing and hand it to their friends.
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#93Earlier quoted context omitted.
How is money not zero sum? I agree prosperity as such isn't, but money, land, other things are limited. And wealth is only wealth because not everybody else has as much, right? As in, it doesn't matter if you have a dollar and I have 100, or you have 1 trillion dollars and I have 100 trillion dollars, it's the same difference.
The question isn’t about money but rather wealth. Is AI just about transferring of wealth or creating new wealth/prosperity? It is obviously creating it and not merely transferring. Money is just a medium or technique to enable this whole economic process. It’s not important here.
It's not obviously creating any wealth (which is just anything you own that you can get money for). What it's obviously doing is creating a whole lot of people who used to have money and no longer do, and a handful of people with massive "net worth" based on the belief that AI companies are going to make a lot of money one day (from what buyers? everybody is going to be unemployed, and therefore poor, and therefore unable to afford any product that might come out of the other end of the AI investment craze, at least not at a price that would support a profit).
The only way AI can turn a profit is from a government bailout.
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#94Earlier quoted context omitted.
How is money not zero sum? I agree prosperity as such isn't, but money, land, other things are limited. And wealth is only wealth because not everybody else has as much, right? As in, it doesn't matter if you have a dollar and I have 100, or you have 1 trillion dollars and I have 100 trillion dollars, it's the same difference.
"fiat money" is not limited. wtf? they keep printing without matching anyting or giving anything for new prints. new printed money ends of up VC companies and selected inv. bankers favorites (aka Elon) it's not fully zero sum because you can take positining to these. Getting allocation or finding the real undervalued stock is real hard part
It's easy if you have enough data on Kevin Warsh, as the Big Tech companies probably do. They can probably predict when he'll print more money, and who he'll give it to.
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#95> But AI being captured, controlled, and used by governments and Big Tech for the benefit of the few. If we're being perfectly candid, this was already happening before LLMs were a mass-market technology: https://en.wikipedia.org/wiki/Sentient_(intelligence_analysi...
I get your point. But, as far as I understand, Sentient was state AI built for the state. LLMs were built from everyone's data, given to everyone, and now may be locked away for the few
It has been locked away for the few from the beginning. They call it "safety", but the things it refuses are all about control. The big companies keep internal models that don't have the refusal training for things only the "right" people should be allowed to do with it. That's how Mythos discovered those thousands of zero-days. It would've refused to find you any zero days, but it'll find zero-days for the "right" people so they can use them against you.
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#96Originally, I thought that technology was borderless. But now it seems that AI is similar to things like atomic bombs before. The only difference is that its direct physical destructive power is not as great.
Re: Everyone feared AI taking over; the real danger is AI serving just the few
#97As a tech small business owner this is unfair that I can't be as smart by using the same level of intelligence as the top companies in the usa. This policy just keeps the powerful in power. And it's crazy because I already lost my job due to AI.
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