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> Which brings us to the question: why does this pattern repeat?

The pattern repeats because the market incentivizes it. AI has been pushed as an omnipotent, all-powerful job-killer by these companies because shareholder value depends on enough people believing in it, not whether the tooling is actually capable. It's telling that folks like Jensen Huang talk about people's negativity towards AI being one of the biggest barriers to advancement, as if they should be immune from scrutiny.

They'd rather try to discredit the naysayers than actually work towards making these products function the way they're being marketed, and once the market wakes up to this reality, it's gonna get really ugly.





>The pattern repeats because the market incentivizes it.

Market is not universal gravity, it's just a storefront for social policy.

No political order, no market, no market incentives.


Markets always exists as long as people want to exchange one thing for another, by definition.

Concepts such as person or property are required premises for such a market system to happen, be it by formal laws or tacit consensual behaviors.

Yes, and throughout human history, there has always been the concept of owned property.

Yes and you're allowed to regulate markets into things that actively benefit society and not just sucking blood from people willy nilly.

No one said you couldn't.

We are allowed as in, no formal rule forbid it is one thing. But if all the rules favors oligarchic accumulation with reinforcing loop, it's unlikely that the resulting dynamics will fall into a loophole of equal redistribution of wealth where social harmony thrive.

Yes very much so, if they could make their product do the things they claim they would be focused on doing that, not telling people to stop being naysayers.

nvidia monetizes hype. Of course they're going to say anti-hype is the biggest problem.



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