That’s my question; presumably the people in charge of that much wealth aren’t total fools and will be wanting to see some actual numbers and a business case as to how they will see a return, not just platitudes and enthusiasm.
Comment on OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion
zoostation@lemmy.world 9 months ago
Could that level of investment ever be recouped in any other manner than by replacing vast numbers of workers and their salaries?
RegalPotoo@lemmy.world 9 months ago
iopq@lemmy.world 9 months ago
That’s how productivity growth is achieved, a smaller amount of workers do the same task.
Or course, the created wealth is again invested back eventually and new products/services require new jobs.
For example, right now we have some of the highest labor participation in years, despite rising productivity
bunnyfc@kbin.social 9 months ago
yeah and productivity increase has decoupled from wage in 1980, while productivity rises wages stay the same - why should anyone who's not a multimillionaire done that acceptable?
QuaternionsRock@lemmy.world 9 months ago
Why would anyone know this fact and attack productivity increases rather than its being decoupled from wages?
MxM111@kbin.social 9 months ago
Yes, think about how computers had multiplicative effect on productivity. The same may be possible with AI.
ikidd@lemmy.world 9 months ago
Well, see, if we grind down 8 billion people into a nourishing slurry with a shelf life of a century, that should be worth at least $1000 a person, with inflation. That’s a 50% profit on your investment!