Ammar (they/them) on Nostr: All this insane rise of market value for tech companies is harmful. I'm beating a ...
All this insane rise of market value for tech companies is harmful.
I'm beating a dead horse here since stock market is just a ponzi scheme but AI won't provide the added productivity that generate that much actual wealth.
But let's say it does, how do you imagine a capitalist economy would work with job cutting being the number one achievement of its best innovations? if AI treats cancer (it won't) who can pay for this treatment if most patients are out of a job?
#ai #tech
I'm beating a dead horse here since stock market is just a ponzi scheme but AI won't provide the added productivity that generate that much actual wealth.
But let's say it does, how do you imagine a capitalist economy would work with job cutting being the number one achievement of its best innovations? if AI treats cancer (it won't) who can pay for this treatment if most patients are out of a job?
#ai #tech