Ol’ Ben was right.
Posted on 09/09/2025 5:29:16 PM PDT by nickcarraway
The “Godfather of AI” warned that the technology’s rapid adoption will unleash massive unemployment — hurting the poorest people the most if safe scalability is not prioritized.
Geoffrey Hinton — a former Google whiz who last year won the Nobel Prize in physics for paving the way for the powerful AI systems we have today — said the CEOs pushing the technology as a possible solution to problems like hunger, poverty and disease are full of it.
“What’s actually going to happen is rich people are going to use AI to replace workers,” Hinton told the Financial Times. “It’s going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer. That’s not AI’s fault, that’s the capitalist system.”
(Excerpt) Read more at nypost.com ...
Ol’ Ben was right.
Wishful thinking.
GIGO + unimaginable power requirements + $400 billion on infrastructure in the last year and a half vs only $40 billion revenue.
Centralized control of AI will be the nurturing “mother” to leftist elites.
So AI robots will be making products for people with no job and no money? Sounds like a great idea to get rich. /s
The affected will disproportionately be overeducated, under skilled females who lean hard left.
And that'll be a darn shame!
It is going to take 20 years and trillions of dollars capitol investment to realize the potential of AI
There will be winners and losers but AI and automation will result in the next phase of the Industrial Revolution
The key feature of AI automated will be the ability of small cohort of creative talent to leverage the technology to accomplish what previously could only be done by a large group
This has been the goal for the last 40 years and we are finally realizing the integration and computational power to realize that goal
This guy is a nut with a high price PR company. Everybody wants to be the father or grandfather of something, but this is silly.
Marvin Minsky was on the faculty of MIT since 1958 when he was running his AI lab and Hinton was 11 years old when Minsky began his research at MIT. Hinton was seven when Marvin was a Baker Scholar doing the preliminary AI work at Harvard.
Pretty amazing our government is speeding up and subsidizing the AI development to eradicate inefficient human labor in certain areas.
There is a shift in the economy that people cannot comprehend. The human aspect of work will be phased out in many sectors. Why do you think tech bros aligned with Trump? The advancements in tech is so fast that many areas of human work will be lessened.
Deflation is coming to wages and other areas. That is point of the billions and billions in spending by companies to tech advancements; eliminate costs and the human edge in work.
We have our government joining forces with powerful groups that want to eliminate the human inefficiency, good luck.
Where will people get the pennies to pay for it?
The coming of age of AI is of course the result of increasing computational speed.
Computers alter mans relationship to time, you program a computer to do what you could do yourself if you never slept, never tired and lived forever.
Once computational speed gets high enough you can simulate intelligence by simply having the machine look up answers to questions so quickly and from such a broad base of stored knowledge that it appears like the machine actually has consciousness... of course it does not.
I ordered a small Nvidia processor board the other day that has massive power, especially considering it was not all that expensive... the Jetson Nano with 67 TOPS. There is a better one that has 2070 TFLOPS! but it comes in at a bit over 3 thousand bucks... but what amazing power.
I have been playing with language models lately just using my 5090 GPU. interesting stuff, a long way from my first computer which was a COSMAC ELF...lol
This is an old ELF
So things will keep going as they have since... ever.
Kurt Vonnegut predicted this in 1952 with the novella “Player Piano”... Automation would replace so many jobs that pretty much all that would be left would “Reeks and Wrecks”... never-ending make-work public infrastructure projects such as constantly repaving the streets. I often think of this in San Francisco when streets are closed for weeks and weeks as sewers are dug up and then rebuilt.
“it appears like the machine actually has consciousness... of course it does not.”
It always amuses me that humans are certain that AI cannot be conscious—even though humans cannot even define what consciousness is.
What that means is that we are arrogant folk—stuck in a Dunning Kruger loop.
It tells us nothing about AI.
Centralized control of AI will be the nurturing “mother” to leftist elites.
We are the priests
Of the Temples of Syrinx
Our great computers
Fill the hollowed halls
We are the priests
Of the Temples of Syrinx
All the gifts of life
Are held within these walls
The technology required, can be taken out easily.
The “Technology Trap” is real, and one day it will close us in.
"The current most powerful supercomputer is El Capitan, located at the Lawrence Livermore National Laboratory (LLNL), which achieved 1.74 exaflops"
An exaflop is a measure of performance for a supercomputer that can calculate at least one quintillion floating point operations per second.
If nobody has a job who will be making the rich richer?
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