Sam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about it

https://finance.yahoo.com/news/sam-altman-admits-ai-killing-141643543.html

35 Comments

  1. mad_poet_navarth on

    Tax the rich and corporations profiting by eliminating workers. UBI. Medicare for all (US).

    We DO know what to do about it. The wealthy control the media and people are easily misled.

  2. It’s called a unconditional basic income. It can be financed by billionaires and tech bros. They have more than enough.

  3. Reminder:

    This asshole and all the others were talking about Universal Basic Income (UBI) as the ONLY solution about two years ago.

    Now crickets.

    The literal only way the insane amount of investment in these companies make sense is that they will no longer pay humans.

  4. aReasonableStick on

    Well its clear that Sam and Co know exactly what to do with the murdering of the labour capital balance and thats to accelerate it and push it so much into everything.

  5. Sam Altman is a ghoul, and OpenAI has done irreparable damage to this world. AI has the ability to unlock incredible things for humanity, but it fucking *terrifies* me that he’s one of the folks at the forefront of it.

  6. Sushrit_Lawliet on

    Stop building slop generators then. It’s not like they bring any value beyond letting people cope like they’re productive with them when the net time spent is the same at the cost of more skill atrophy.

  7. chanson_roland on

    He’s accidentally leaking the end game for the tech oligarchs: Control of all resources, natural and otherwise.

    The French have a word for this…and a remedy…

  8. EffectiveEconomics on

    I have no idea why we allow an export n one thing to try to be an expert in market and social policy. “I too would like to pontificate about rockets and astrophysics but I’m a legal analyst.”

    Sam Altman does not have expertise on what he’s commenting on.

  9. SuspiciousAlarmclock on

    The rich and powerful made their money by screwing over their customers and staff as much as they could get away with. Maximise profits, minimise pay and benefits.

    Whilst a universal basic income is likely they only real solution, it relies on those same rich and powerful people suddenly growing a conscience and morals and giving away most of that wealth. No matter what some may say, it’ll never happen unless they are given no choice.

  10. Paratonnerre on

    Maybe we should’ve take a moment to think about the consequence of releasing such a technology to the public before doing so. Since NOBODY KNOWS WHAT TO DO ABOUT WHAT YOU DID!

  11. Here is a thought. Charge actual real costs for AI, servers, data centre, energy and copyright costs. That will balance things out really fast.

  12. We could tax the millionaires and billionaires like they used to be long ago to fund UBI and retraining. This should be done world wide.

  13. redhairdvixens on

    These companies have directly ruined livelihoods with their products.. How do they even sleep at night knowing this? 

    OP aren’t you worried about being doxxed with that pfp. Lolol

  14. We know exactly what to do about it… we need a massive redistribution of wealth globally and we need wealth caps to be put in with all excess above cap being redistributed.

  15. DataCassette on

    Socialism or barbarism is going to be the final crossroads eventually even if this particular thing is a little over hyped. If you think you’ve found a third option you’re probably mistaken.

  16. AI is not replacing work force, companies outsourcing staff to cheap labour from low-income countries is replacing work force. Altman claiming otherwise is just to keep the bubble from bursting. 

  17. Yes you fucking do know what to do about it, you just won’t.

    Either put the genie back in the bottle and regulate the shit out of AI with a human-first labor policy or you use AI savings to fund UBI. This isn’t hard. I’m a fat middle aged woman and I get it. Billy idol gets it. WHY DONT YOU GET IT

  18. heyyyynobagelnobagel on

    I love it when business people act like they have no choice, like there really is some magical hand forcing them to make everything worse, as if it isn’t *people* who are making these decisions. It’s my favorite thing

  19. carthuscrass on

    Maybe uhh…tax a company that uses AI to replace workers just as much as if they’d had those employees on payroll? Then use the money to ensure those former employees never go without.

  20. History will tell him what’s going to happen. Hungry, scared, desperate people form mobs. Mobs will commit war crimes

  21. Fun_Employment6042 on

    Nobody knows what to do about it’ is a wild thing to say from the guy actively building the thing that’s breaking it. It’s like burning down the house and then going on a press tour about how mysterious fire is.