Microsoft exec called AI scraping 'the largest theft of labor in human history'
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Unofficial Hacker News client; not affiliated with Y Combinator.
Microsoft exec called AI scraping 'the largest theft of labor in human history'
Unofficial Hacker News client; not affiliated with Y Combinator.
jacquesm · · focus · HN ↗
It is said that at the heart of every great fortune there is a great crime, so it should be no surprise that the most valuable companies on the planet will most likely result from this crime. And given that justice can be bought by those with the most money you can forget about anything coming of this.
godwinson__4-8 · · focus · HN ↗
At least with LLMs we can glimpse an escape route to that which generations of humans have strived for - a world in which the labor required of each human to lead a flourishing life approaches zero.
Instead of fixating on a remedy that seeks to criminalize AI, maybe focus on the relatively rather achievable goal of redistributing LLM gains. Would that not be the most desirable justice? What is your alternative, and would you foreclose the future in the name of a past that never really existed in the first place?
ndsipa_pomu · · focus · HN ↗
Far more likely is that wealth and power will become even more concentrated into the hands of the few and the rest of humanity will become effective slaves.
bdangubic · · focus · HN ↗
ndsipa_pomu · · focus · HN ↗
Recently, there was the example of the SpaceX IPO listed on Nasdaq (after they changed the rules to allow it). Lots of people have pensions/investments in tracker funds and those funds are essentially forced to buy SpaceX shares.
Simple things like "quantitative easing" can result in higher inflation which essentially devalues people's money. The ultra wealthy will typically not have any meaningful percentage of their money in currency, but instead will be in various assets around the world which means that their wealth is not affected by the inflation.
There's plenty of other schemes such as the "too big to fail" method of securing handouts from the government.