Incorrect. They just know that the fake financial system is not linked to anything fundamental. That is what is going to collapse taking retirement savings with it.
Why fear artificial intelligence when natural stupidity is so much more powerful?
Natural stupidity, enhanced by artificial intelligence.
That’s the scary stuff
Right. If I had dumped all my money into AI stonks and was overall deeply invested into silicon valley I’d sell the doomer story, too. Keeps the bubble alive.
Meanwhile the REAL threat of the AI hype, i.e. overburdening ecosystems with ridiculously hungry data centers and putting children’s sanity in the hands of a hallucinating sycophantic autofill can be entirely ignored because “AGI BAD SO WE MUST BUILD AGI”.
It’s not about “AI stonks” really. If one genuinely believes that AGI will be the end of us then any form of retirement savings are just waste of time.
I really think that most investors aren’t as hyped about AI stocks as the anti-AI crowd online wants us to believe. They may have increased the weight of their investments on the tech sector but the vast majority of investors are aware of the risk of not diversifying your portfolio and if you’re someone with actual wealth you can invest then they’re probably not putting it all on Open AI.
The recent drop in AI stocks that was in the news a week or two back doesn’t even register on the value of my portfolio even though nearly all of the top companies on it are tech companies.
I’m sorry, you lost me at…
but the vast majority of investors are aware of the risk of not diversifying your portfolio
The vast majority of investors, myself included, are … not that savvy. I only sorted diversification this year and I’m still tech-heavy but we all are just eating what’s on our plates and available.
I don’t believe these markets will have humanity’s interests at heart, either.
AI doomsday marketing wank has the same vibe as preteens at a sleepover getting spooked by a ouija board.
Yes, but no different than AI competence wank. LLMs are a significant step forward, but not even remotely intelligent. It’s all bullshit and hype.
One day it won’t be. We aren’t there yet.
I don’t think we’re ever going to get there until we get off this idea that LLMs are in some way going to achieve general intelligence.
It doesn’t have to be good to be bad.
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No, Y2K would have been catastrophic.
But a shit ton of people out in a ridiculous amount of work and everything was updated.
People concerned were fucking “doomers”, they were the reason shit didn’t go terribly.
But because rational.people helped everyone avoid the consequences, idiots think we could have just ignored it and had the same result.
It’s fucking ridiculous you didn’t learn this lesson from covid even if you’re too young to have experienced Y2K
I should’ve specified. Even after there were a a ton of work put in, doomers existed to the last second. There were doomers who really thought the world was going to end without mentioning the technology aspect of it. These doomers, even after the date passed kept moving up the date and repeated this process.
The streak continues that anyone who uses “doomer” has no fucking clue what they’re talking about …
You deleted your first reply because it was bullshit, then you make a new one to double down on it?
Fuck man, how do you expect to learn anything when the list of shit you need to learn apparently covers everything?
I delete my first comment because I specified what I meant in my reply.
If you don’t think doomers existed after the year 2000 then look up “2000 anxiety” and “2000 paranoia”.
But if I was really going to double down this would by my response:
Many countries invested little to no money in Y2K and they were fine.
Countries such as South Korea, Italy, and Russia invested little to nothing in Y2K remediation,yet had the same negligible Y2K problems as countries that spent enormous sums of money. Western countries anticipated such severe problems in Russia that many issued travel advisories and evacuated non-essential staff.
International Data Corporation estimated that the US might have wasted $40 billion.
Then I would ask you:
Since you are such an expert on Y2K, what would’ve happened if the US took the same approach? What exactly would have happened?
Its like the problems around the ozone hole, or acid rain.
A lot of people scrambled and worked very hard to find an alternative that didn’t cause problems, and now it’s almost like they never existed, and people think it was much ado over nothing.
Had a friend who was hired by a temp agency to reprogram outdated mainframes in an ancient programming language. He was paid for training. There were ARMIES of people like him doing last-minute fixes. Y2K would have been a tremendous disaster if people had just ignored it.
See also: the environment, but without armies of people working on fixes.
But did they fill in their TPS reports?
What’s all that nonsense about what’s his face tidying up his affairs because he thinks AI is going to kill us all.
If it is going to kill us all I don’t think updating your will is going to have any effect on anything. Such obvious hype, it’s ridiculous.
“Our product is so amazingly brilliant it’ll probably kill everyone everywhere” is exactly the kind of marketing that appeals to bosses.
So it’s a race then, between AI’s killing us thru high-tech malice, and we killing ourselves thru the same old stupidity?
“And may the best man win!”
Wow, that 55 year-old movie “https://en.wikipedia.org/wiki/Colossus:_The_Forbin_Project” is getting scarier to watch!
Just ask it how many Rs are in blueberry, and run away while it has to think about it a while.
That is a terrible gamble
It also doesn’t seem to have much of an upside.
As the robots break down your defences and prepare to incinerate you you look around smugly and say “thank God I don’t have any retirement savings”.
Meanwhile in a parallel universe you are living in 2050 on social care payments. While everyone around you is taking trips to the moon.
“living in 2050 on social care payments” . Lol
I didn’t say they would be good payments. Maybe you’ll be able to afford a blank, if you save up.
Are these AI Experts in the room with us now?
Because they’re fucking idiots and hype men…
They want people to believe this is true, so that they panic buy in.
This is reminiscent of tobacco execs saying tobacco doesn’t cause cancer. They’re not “experts” they’re paid shills who will say anything to make the stick price go up.
Or useless old people will be turned in to a soylent green to feed the working meat slaves.
I’d like to say this isn’t true for my kid, but then he did buy that hot new Corvette…
