You pay me $10 to punch you in the face. I pay you $10 to kick me in the balls. We just increased our country’s GDP by $20.
Answer. They don’t fucking have a plan. At all.
My 401k has gotten up into the 5 digit range a couple times, but emergencies have required me to to drain it. Retirement is a dream I rarely harbor.
I’m working until the day I die. My mother fancies herself retired and rots away in a house she imagines she owns, but it has been property of the bank since before I was born in the 80s. A mortgage that was essentially renting with extra steps.
I’m just whining now, so I’ll stop.
I’ve said it before and I’ll say it again. Businesses operate on three timescales. Monthly, quarterly and annually. Anything beyond that they’re not even thinking about.
When a company talks about long term strategy you can ignore everything they say after. It means nothing.
So AI can make them more money in the short term. They don’t understand the problem even if it’s right in front of them.
Anything beyond that they’re not even thinking about.
Every place I’ve had a white-collar office job, there’s been a 5-year plan. But the plan is typically a flippant and unrealistic goal, I suppose the purpose of which is to temporarily boost morale and to be a cult-like litmus test to see which employees can ignore reality.
Two of the more egregious examples: I worked in what was considered a medium sized company (maybe 30ish employees at the time). Management decided their 5-year goal was that we were going to grow large enough to own/build a skyscraper downtown. Another was at a relatively unknown regional retain chain that couldn’t even compete with Walmart whose 5 year goal was to become a household name around the world.
I feel this is always true for public companies, while there are some exceptions in private ones.
Falling rate of profit by karl marx predicted this. Self destructive nature of capitalism
A socialist revolution is the only solution and it will come.
A socialist revolution is the only solution and it will come.
Not the only. The rich still can lead us to fascism. The only problem is that fascism has its own internal contradictions and history won’t stop there.
But the near-global technofascist dictatorship were on the threshold of is going to be vastly different than anything we’ve seen before. How do you resist a technological panopticon?
By smoking pot and breeding like rockstars
I’ll just replace breeding with smoking even more pot
Have you ever met Capitalism™ ? The guy doesn’t really do long term plans
Oh they absolute do long term planning, but only in a very narrow scope.
They don’t have a plan. It’s pigs at the trough.
Yup. The people pushing AI are not concerned with the social or economic reprocussions of pushing AI. They just want line go up.
The “Don’t Look Up” greed + willful ignorance will crush us all.
Sell to other billionaires ad nauseum. Let the rest of humanity starve. The usual kings and peasants model
