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by pessimizer 259 days ago
The story about Uber was that they were going to be unprofitable until they destroyed taxi services, then they were going to charge more than taxis and give less of a share to the driver.

Nobody is predicting that AI is going to do that. One thing I hadn't considered before is how much it was in google's interest to overestimate and market the impact of AI during their antitrust proceedings. For the conspiratorially minded (me), that's why the bottom is being allowed to drop out of the irrational exuberance over AI now, rather than a couple months ago.

2 comments

> Nobody is predicting that AI is going to do that.

... Now that I hear it out loud, I can't help thinking if maybe it's something we should be thinking about.

Subsidization to destroy competitors followed by lock-in is obvious, but is there any way these systems could turn professionals into serfs?

it doesnt look likely that any particular ai service will have a moat. every time one of them does anything right now, theres a dozen competitors able to match it within months
I mean, hey, maybe they _will_ increase all those 10x programmer's bills to 20k per month. At least that would be funny.