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by dbcpp
174 days ago
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The thing that drives me crazy is that it isn't even clear if AI is providing economic value yet (am I missing something there?). Right now trillions of dollars are being spent on a speculative technology that isn't benefitting anyone right now. The messaging from AI companies is "we're going to cure cancer" and "you're going to live to be 150 years old" (I don't believe these claims!). The messaging should be "everything will be cheaper" (but this hasn't come true yet!). |
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It has enormous benefits to the people who control the companies raking in billions in investor funding.
And to the early stage investors who see the valuations skyrocket and can sell their stake to the bagholders.