'Jack Clark has put it more vividly: “People don’t take guillotines seriously. But historically, when a tiny group gains a huge amount of power and makes life-altering decisions for a vast number of people, the minority gets actually, for real, killed.”'
And Nate is a statistics guy, so statistically speaking, the guillotines are coming for Silicon Valley.
Seems like this is going to add napalm to the incipient fire, because now investors know they are deep deep into the red. Before it was all theoretical. Just like when Bear Sterns tried to bail out its hedge funds and then got sold to JP Morgan at fire sale price.
"What I discovered, though, is that behind all these small complaints, there’s something much more serious. Roy Lee is not like other people. He belongs to a new and possibly permanent overclass. One of the pervasive new doctrines of Silicon Valley is that we’re in the early stages of a bifurcation event. Some people will do incredibly well in the new AI era. They will become rich and powerful beyond anything we can currently imagine. But other people—a lot of other people—will become useless. They will be consigned to the same miserable fate as the people currently muttering on the streets of San Francisco, cold and helpless in a world they no longer understand. The skills that could lift you out of the new permanent underclass are not the skills that mattered before. For a long time, the tech industry liked to think of itself as a meritocracy: it rewarded qualities like intelligence, competence, and expertise. But all that barely matters anymore. Even at big firms like Google, a quarter of the code is now written by AI. Individual intelligence will mean nothing once we have superhuman AI, at which point the difference between an obscenely talented giga-nerd and an ordinary six-pack-drinking bozo will be about as meaningful as the difference between any two ants. If what you do involves anything related to the human capacity for reason, reflection, insight, creativity, or thought, you will be meat for the coltan mines."
What people really think about Silicon Valley. Not so fun to devalue people now is it? Tech is biggest group of assholes.
Someone did a calculation using heat generated - energy usage (which is ultimately the base cost of the universe) - and the human brain and body is just incredibly most cost efficient than how we're doing AI. So for basic tasks it's just absurdly expensive to be using AI instead of a human.