Comment on What Will Remain for People to Do? The future of labor in a world with increasingly productive AI.

Telorand@reddthat.com ⁨1⁩ ⁨week⁩ ago

Not going to read most of this paper, because it reads like a freshman thesis, and it fundamentally oversells or misunderstands the existing limits on AI.

In closing, I consider the limits to these limits as AI gradually, but relentlessly, becomes ever-more capable.

The AI technofacists building these systems have explicitly said they’ve hit a wall. They’re having to invest in their own power plants just to run these models. They have scores of racks of GPUs, so they’re dependent upon the silicon market. AI isn’t becoming “ever more capable,” it’s merely pushing the limits of what they have left.

And all the while, these projects are still propped up almost entirely by venture capital. They’re an answer to a problem nobody is having.

Put another way, if the leaders of the AI companies are right in their predictions, and we do build AGI in the short- to medium-term, will these limits be able to withstand such remarkable progress?

Again, the leaders are doing their damnedest to convince investors that this stuff will pay off one day. The reality is that they have yet to do anything close to that, and investors are going to get tired of pumping money into something that doesn’t return on that investment.

AI is not some panacea that will magically make ultracapitalists more wealthy, and the sooner they realize that, the sooner we can all move on—like we did with the Metaverse and blockchain.

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