Comment on 'Godfather of AI' says tech giants can't profit from their astronomical investments unless human labor is replaced

ExtremeDullard@piefed.social ⁨2⁩ ⁨days⁩ ago

This race to displace human labor with AI is a typical late-stage capitalism race to the bottom because it ignores something fundamental: workers are also consumers. No job, no money, no purchases.

In other words, all companies embracing AI are collectively working their ass off to destroy their own and everybody else’s markets. It’s global economic suicide.

But… capitalism being what it is and doing what it does, it only looks at what the competition does, expenses and no further than the next quarter. So corporations see AI as a way to reduce expenses and get ahead of the competition that does the same thing.

They all know AI will destroy everything eventually, including themselves, if they all do the same thing. But they can’t help it: corporations look no further than their own selfish interests with the narrowest possible set of criteria, and the bigger picture be damned. Always.

source
Sort:hotnewtop