[mannanj]

It can represent a few peoples interests, who aren't middle class, and eradicate the middle class. AI can fall flat in its affect and benefit for most people, while helping a few people. It can thusly be powerful for a few people, and not powerful enough for most people. (I feel we may see special models that most people will never access, while a few get those most powerful models).

Did that answer your questions and address the contradictions?

[bwhiting2356]

The parent comment referred to AI as a bubble, and what you're describing I would not call a bubble.

[mannanj]

You would not, and I would say what I am saying doesn't support nor deny a bubble's existence. I think that would be an error in thinking to conclude what I said supports bubbles.

[overgard]

I call AI a bubble because none of the finances make any sense. Everyone save for nvidia is losing money at an absurd rate (Anthropics "profitable" quarter is basically an accounting trick, not a real change). Circular financing is well known by everyone paying attention.

[bwhiting2356]

Valid. That's also what I would call a bubble. But if this prediction is true, that not enough people will buy their tokens to meet their projections, then it also won't be automating away everyone's jobs. That's the contradiction.