JimmyJamesJames
Joined 6 years ago
Karma
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Member since
Apr 27
Joined 6 years ago
Having read the article, the VCs investment strategies are based upon one positive case - OpenAI.
Checkout the last 30min of the Kona Ironman races, you’ll see them taking, then spitting out flat cola.
With the amount of AI investment, AI will only win if it decimates employment and the business cost associated with it, driving up business profits.
Productivity will increase, but to what benefit? machines don’t buy consumer items, and the increased unemployed or underemployed won’t have enough discretionary budget to either.
The ‘math’ part of Chamath might not be mathing.