Too big to fail is too big to exist. Break them up.
[he] addressed the “immense” energy needs of AI, acknowledging that the intensive energy requirements of expanding AI ventures have caused slippage on Alphabet’s climate targets. However, Pichai insisted that the company still wants to achieve net zero by 2030 through investments in new energy technologies. “The rate at which we were hoping to make progress will be impacted,” Pichai said, warning that constraining an economy based on energy “will have consequences.”
We need “line go up” so badly, we’re willing to bake the planet.
“We will have to work through societal disruptions,” he said, adding that the technology would “create new opportunities” and “evolve and transition certain jobs.”
Someone once described AI as “a way for the wealthy to access the benefits of the skilled, without allowing the skilled to access the benefits of wealth”.
or since there are FOSS AI models that are free as in free beer it allows everyone to access the benefits of the privileged - i.e. those who can specialized in fields like arts that aren’t conducive to making enough money out of the gate to survive as a working class person
“Privileged” lol.
If you couldn’t make a poem before “AI”, you still can’t make a poem now.
Do you have another retort besides “lol”? Spending the amount of time required to produce professional art when an income isn’t directly guaranteed is a risk most of us can’t take, FYI.
You still can’t make
Yeah and why would I need to?
If I don’t enjoy that particular process nearly enough to learn how to make it good, and I wanted it to be good and I was feeling creative and had an idea for it, I could just get it made for me, free of charge, free of corpo influence or any strings attached. It’s a sweet deal.
Spending the amount of time required to produce professional art when an income isn’t directly guaranteed is a risk most of us can’t take, FYI.
Because you don’t care about making art, so you choose comfort and financial safety. It has nothing to do with “Privilege”.
You’re talking about outsourcing art, but then complain about who actually make art.
Art isn’t output/result. That’s exactly what you’re getting from your gen slop.
Was that a threat?
And I hope he wasn’t threatening everyone who participates in the global economy.
Lol that’s how I read it, or at least trying to suggest they’re in a Mutually Assured Destruction scenario.
If an AI bubble pops, no one is getting out clean.
He means the taxpayers.
Privatize the profits, socialize the losses
you’re kidding right?
those billionaites that gambled the US economy on an executive borwnosing machine will get a bailout paid by those who lost healthcare and can’t afford food. 2008 all over again.
We should improve society somewhat.
I believe the French had a nice invention for that. And it’s not the ‘pain au chocolat’…
Wall Street didn’t learn from past events and is doomed to repeat history?
Shocking… /s
They learn how to profit the next time.
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Oh, they learned. We thought them that no one will be accountable and that the greediest will be bailed out and continue to get richer and richer. We are keeping jackals in our house, and we are giving them a pat on the head and a tasty treat every time they bite our children.
Make no mistake. Just like the housing bubble of 2007 and 2008 there are people poised and ready to make tons of money off of the deflation of the AI bubble.
The money to be made is on predicting when, not it it’s going to burst. Otherwise we’d all be betting the house on it.
Actually it’s more about the how. The people betting against the housing market put their chips down as early as 2005. They just had to find a way to profit from it.
Interesting. And what was the how back then?
Sub-prime mortgages going into default en masse
That’s not how people made money. That’s what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult…Shorting it at the right time can be.
