aivijay

Just ML is never going to lead to an AGI. There are lots of other things that need to be first understood about intelligence, common sense reasoning, cognition and other things which we don't have a clue of (though some think they know it all), to build an AGI.

And then, they will be billion dollar companies screwing mundane users data which they collect over time.

Yes, they will not sell it now. But once everyone is into it thinking ahhh its a great idea and a great tool and share their private/public data though this. Then, these companies will turn around and sell your data to monetize on them which is the first thing any company is going to do.

These are great ideas to monetize now. As it grows, it will be the same as its been happening with the big companies, like Google, Microsoft, Yahoo etc., where law enforcement will force to acquire these data and naturally as its a company which owns it, its going to turn up to be used to scrutinize anyone in the name of security etc., and privacy at all levels will be basically sold for money. These guys start snooping around and project its a great tool for safety. True there could be a fraction of safety around this. But at the end of the day its just about money and becomes another surveillance mechanism to monitor everyone which is bullshit and nonsense.

I like the last one. True, Infosys like companies started as a service company and never expanded their business to develop out of the service sector which is bad. My observation is, all these service companies only focus on their profits and never reinvest to expand the business out of it, maybe developing a product to start with.

I know that there is a terms of service and I also know there are some projects that succeed, but the failure rate is extremely high. Yes, there being zero responsibility for the project which got funded through the Kickstarter like platform where hundreds of thousands of dollars is being handled and having zero responsibility is absurd and should never be allowed, that's what my argument is. As a customer you can only do so much about due diligence about a project and its creators. When Kickstarter like platform is the one which is handing the money over to the project creator, naturally it is their responsibility to do a due diligence about the campaign as they are the ones who are handling a large sum of money on behalf of the backers. When Kickstarter like platforms put that responsibility on the customer to due diligence, it leaves the customer to the mercy of the project creator which is what I have saw in most of the projects which I funded or backed out. Because Kickstarter like platforms suck 7-8% of the campaign as their commission, it seems its easy to have a TOS where you claim zero responsibility and just walk away with the money safely and also just blame or not have any control on the project creator with the money they raise from these sites and the project creator can also walk away free and clear without any repercussions but taking hundreds of thousands of dollars for free.

I understand, we use AI in one form or another in our daily lives. But for very specific and specialized narrow cases. As you mentioned, its that scale that matters which our brain does seamlessly and us as the generation with AI builders around, we are no where anything to perform in scale with an AI except very specialized tasks. It naturally will improve over time, but AI attaining AGI status and maybe taking control over socio-economic or socio-cultural changes would be a long shot unless we humans don't destroy ourselves by destroying life on earth.