[woeirua]

This kind of mentality is going to blowback on AI researchers very quickly. When the job losses start mounting politicians are going to need a very persuasive answer as to why we should let millions of people be thrown onto the streets so that a few can become absurdly rich. We will either: have a well-thought out, empathetic plan to resolve this issue, or the mob will burn down the data centers. Your choice.

[Pannoniae]

You are 100% right. Inequality can only be sustained when most people see a way up, so they feel "temporarily embarrassed millionaires" instead of being poor. When things get to a point where they feel like anything they do is a dead end and there is no chance of breaking out of poverty, that's when things get very nasty and society gets shaken up fundamentally.

[woeirua]

I think humanity self-destructs if it gets close to the singularity while still in a capitalistic society. You either immediately transition to socialism or have civil war erupt in every country simultaneously.

[olddustytrail]

I think you misunderstood the mentality. When there are hundreds of AI cults desperately trying to evolve their AI to be the New One True God who will make them all billionaires, leading to civil wars breaking out in every first world country simultaneously, job losses will be the least of your worries.

[woeirua]

This is not realistic due to the costs associated with training the models. At least for the foreseeable future.