The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.
My mistake if I came off as implying that it’s going to succeed. I was just giving flavor to the dynamics of what is actually happening.
As for “this is all of human history”, I’d say that the rich are indeed always trying to build a moat that others cannot cross, from within which they can make money off of the spoils of their exploitation and destruction.
I would not agree that they have always been trying to “build the tower of Babel”. I think this latest venture into AI represents an attempted colonization of thinking in the same way that mechanization represented a colonization of labor.
I think that what is happening now, whether it succeeds at making ASI or not, represents just as much a disruption to the way people interact with nature, eachother, and “the market” as mechanization did. Almost everyone senses this too.
Even in the AI haters imaginings, it completely disrupts things. If they really thought it would all fail, they wouldn’t be fighting, only laughing. They’re really worried it will “succeed” and everything will just be creatively devoid of meaning while they are simultaneously denied access to the capital required to create $100,000,000 media pieces or even a yearly salary for creating art for capitalist use.
The only difference in the pro AI people is that they think it will be just as creatively fulfilling as human art, and that they will get to keep the $100,000,000 themselves and everyone’s yearly salary.
Personally, I think that if you can put a person in meat, you can put a person in silicon. I’d like to separate my “theories” from fact though, and above I was just stating the barest most overt facts. If you’d like to discuss the possibilities and the whispers at the edges of things, I’m more than happy to do that below.
My mistake if I came off as implying that it’s going to succeed. I was just giving flavor to the dynamics of what is actually happening.
As for “this is all of human history”, I’d say that the rich are indeed always trying to build a moat that others cannot cross, from within which they can make money off of the spoils of their exploitation and destruction.
I would not agree that they have always been trying to “build the tower of Babel”. I think this latest venture into AI represents an attempted colonization of thinking in the same way that mechanization represented a colonization of labor.
I think that what is happening now, whether it succeeds at making ASI or not, represents just as much a disruption to the way people interact with nature, eachother, and “the market” as mechanization did. Almost everyone senses this too.
Even in the AI haters imaginings, it completely disrupts things. If they really thought it would all fail, they wouldn’t be fighting, only laughing. They’re really worried it will “succeed” and everything will just be creatively devoid of meaning while they are simultaneously denied access to the capital required to create $100,000,000 media pieces or even a yearly salary for creating art for capitalist use.
The only difference in the pro AI people is that they think it will be just as creatively fulfilling as human art, and that they will get to keep the $100,000,000 themselves and everyone’s yearly salary.
Personally, I think that if you can put a person in meat, you can put a person in silicon. I’d like to separate my “theories” from fact though, and above I was just stating the barest most overt facts. If you’d like to discuss the possibilities and the whispers at the edges of things, I’m more than happy to do that below.