It's wild that they want to replace the lowest levels of actual work with AI but the management positions that actually might be a better fit for AI replacement are perfectly safe.

An AI, even as shit as they are, probably would be better at being a CEO than a customer support rep.

And finally, when they employ zero people, and no one has any money to buy their product they will have finally hit infinite profits. Seriously though it doesn't look like we're doing UBI any time soon and I doubt the ultra rich would kill off everyone on purpose because half the point seems to be to have people they can feel superior too. Are we just going to wipe ourselves out in a weird paperclip maximizer scenario where we pile up a ton of shit no one can actually buy but has to keep being made to make a line go up?

Cool. Cool cool cool. So what's the plan for all the unemployed people? Just let them starve and die so you can buy their houses? And rent them to whom?

This is the case with most technologies. The technology is world changing, but unregulated capitalism makes it worse than what is being replaced. For example: crypto, electric cars.

All of these doomers are talking about the consequences of true AGI.

On the one hand, we don't have true AGI, and probably won't for a while yet.

On the other hand, we are so behind with regulating tech that if we do develop AGI we will certainly be completely unprepared for the consequences despite all these doomers telling everybody exactly what could go wrong. And they will be right.

Fingers crossed it doesn't happen in our lifetimes.

For a time, until aggregate demand craters and the economy enters a depression.

It's nice to see that Hinton isn't playing apolitical.

How? If everyone loses their jobs nobody has any spare income. Therefore nobody buys anything they don't need and cut back what they do need to the bone. Share price tanks because everyone stopped buying stuff. Capitalism collapses. The whole thing only works when there's a customer, credit has been filling the income gap for years but if there's no hope of repayment then nobody will get credit. I just hope it takes the tech giants long that I and the people I care about don't have to deal with the fallout.

Hinton has been saying apocalyptic things for years, and we've seen no evidence for most of it. At this point, I'm sceptical of anything he says, and I especially am curious about which companies he invested in and has a vested interest in the success of.