The world's tech billionaires are starting to moderate their rhetoric on AI automation, but that doesn't mean it's all in good faith.

cross-posted from: https://kbin.earth/m/[email protected]/t/2771990

As data centers are shut down by angry mobs and AI surveillance cameras are ripped from their poles, the world’s tech billionaires and CEOs are waking up to the reality that the masses are, broadly speaking, not on board with their plan to automate the world with AI.

  • tomkattEnglish
    4·
    2 days ago

    The only thing worth noting is private industry with publicly traded options will always need to show quarter over quarter profit (or best effort to do so) as a literal legal obligation to shareholders. They have a legal obligation to profit as much as possible within legal limits, and even skirting them where legislation is up for debate. That means in the long run, going private will never be the cheapest option.

    The government has no such obligation, and no need to profit. Their only “shareholders” are the American people, and voting essentially makes us the board to remove them if we feel their choices are not to the public benefit.