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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 2 days ago by to c/technology@lemmy.world
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[–] 8 points 2 days ago (5 children)

My own opinion is that Ai is the greatest threat to capitalism since Karl Marx and nobody has caught on to it yet.

The idea of top down control of this technology- eg a single or a few companies holding the rinse and selling it to everyone else - has been quickly proven to be a fantasy.

I think it's what both the fuck ai crowd and the Ai bros are missing with the whole situation. No one makes money with Ai (except the people that make the hardware it runs on). Not the people who used to do the things it does, not the people who want to control and sell it.

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  • [–] 7 points 2 days ago (2 children)

    It seems highly unlikely to me because AI requires massive amounts of capitalism to work, from the mass production of chips to the mass aggregation of knowledge in digital form.

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  • [–] 6 points 1 day ago (1 child)

    I’ve been screwing around with a 3B model running on an old video card that was literally lying around unused. Clearly there are a metric ton of dollars being thrown at AI but after the bubble pops there will be a lot of people still digging hard on this.

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  • [–] 5 points 2 days ago*

    It's definitely an interesting point of view I think, and definitely one worth taking seriously.

    One thing it might be really cool for is implementing cybernetic ideas, which would be ironic as the term AI was originally coined to move away from cybernetics! I think cybernetics could well be the weapon of choice for a serious socialist challenge to capitalist norms, I don't think anyone sane wants to bring Gosplan back from the dead for example (it was a good example of very constrained and unreliable information flow) but cybernetics is a serious answer to the neoliberal argument that only prices carry the necessary economic information to operate a modern economy.

    The cyberneticist would argue that there are much richer data available and we should build systems which take it into account, and allow for more sophisticated goals than 'more billionaires' to be deliberately aimed towards. It can also be used to do away to some extent with all-powerful centralised bureaucracies (and the inevitable bureaucratic class which forms around them) because decentralisation is a key component of cybernetic ideas.

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