alt Hacker NewsUnfortunately, this is essentially high level clickbait. At the beginning he immediately portrays the issue as black and white:
>AI will either be the greatest equalizer ever invented, or the worst source of injustice.
In all likelihood it will probably fall in the middle, with the likelihood that it will tilt power and money towards the already ultra wealthy (to the surprise of no one). But it will enable ordinary people and small businesses to do cool shit and make their lives better.
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IMO, this is a highly bimodal probability distribution.
I model this as two very strong attractor states (radical abundance and totalitarian power concentration). I believe the latter is way more likely without a concerted effort that we currently seem incapable of.
The “somewhere in the middle” outcomes in my opinion are not AGI-pilled, and only come about if the exponential dies hard in the next year or maybe two - as in, it’s a very specific timing prediction that needs to come true for this scenario to occur.
I don’t see any reason this highly chaotic system is most likely to settle in a spot that we happen to enjoy/see as a compromise of some sort.
The point is that we now have superintelligence; either it helps us conquer death, or it poses a massive —say, existential- risk to us all. It’s hard to imagine such a powerful tool resulting in just another century of slightly-better capitalist nationalism.
I guess there could be a second AI winter around the corner that we haven’t seen coming yet. That would be nice! Not likely IMHO, but nice.
It reads like that kind of AI marketing which focuses on how "scary" a new model supposedly is.
Bill Gates' fear is clearly that everybody thinks this stuff is just kind of mediocre because then the real horror story unfolds - Microsoft stock price collapses into blue chip territory where it firmly belongs.
Nailed it. Instead of reading this long form post I will eat popcorn and watch the show unfold as laid out here.
I don't think that's necessarily unlikely, but people making this argument rarely seem to understand just how radical a change is required to make that a possibility.
e.g most small business rent their premises, and buy goods and services from other tenant small businesses, who buy their raw materials from large landowners. How can a small business survive when all the land is monopolized by the technocrats? All value you add gets taken away as rent. This is why they always talk about taxes on outputs (tokens) instead of inputs (land, energy usage).
It's not an ungrounded hypothetical, that's exactly how society worked for hundreds (thousands?) of years.