shavenferret said:
This. We will be giving up an invaluable technology if we act like a bunch of luddites and just ban AI altogether. I also see good points that the anti-AI people here have made. But it will be up to us to turn our electronic devices off and go touch grass in order to feel like part of the world again. We don’t have to be super connected to the rest of the world all the time. Sometimes it’s just better to feel connected to our own lives. also, good move on getting into quantum stocks. I’m just doing index funds, pretty boring but the expense ratio is nil and I get 10% a year still which is rare. |
People trying to stop AI or any technological advancement might as well be shaking their fist at the clouds. It's pointless. They aren't doing anything except excluding themselves from the process of shaping the future. If they seriously want to improve the way the technology impacts the world then they will evaluate it impartially while acknowledging both the good and the bad. That's how they get the respect necessary to make their opinions count.
This is why most activists fail at their supposed purposes. They never bother to learn anything beyond surface level propaganda and people just tune them out.
I have a smart phone. I am aware of both the positives and negatives. I use it for work, I use it to text family and friends, but I have zero social media accounts on it. I don't need to toss the whole thing in the trash to avoid the pitfalls.
The point of Pandora's Box is that it cannot be undone. It's outside--now what are we going to do about it? People who hide in the closet lose their vote.
Most of my investments are index funds but I have some speculative stuff like rare earth mining and AI energy providers (there are ETFs for those sectors, too). These are companies that are pure revenue now but have high growth potential. I picked up four quantum companies a few weeks ago, two of which just received money from the US government, though all of them surged. They'll come back down again but they were investments for the future, anyway.
Which is what I think people are missing about AI. Chatbots might not make nearly enough money to justify the expense but that isn't the point. The point is the applications that will use AI. It's going to be licensed out to companies who will put it in their own products then license THAT out on the enterprise level. Will a lot of those companies fail? Absolutely. Will some of them be the next AWS or Salesforce? Yeah, probably. The financial impact of AI won't just be deep, it's also going to be ridiculously wide.
