Comment by acdha
3 hours ago
This is exactly it: they have tools which are useful but they need close to AGI to justify the incredible amount of debt they’ve taken on for growth. They’re not normally given to having press conferences admitting to felonies but they need investors to believe they’re close enough to AGI to keep the money flowing in and, of course, they’re confident that the current administration won’t act between the direct payments and how much money they have riding on American AI supremacy.
Let’s all pause for a moment and really take that in: these major enterprises are choosing to go to the press/public to acknowledge their felonious conduct because they need to in order to get more capital. POSIWID and all that.
The Dario bit on SNL’s Weekend Update this past weekend was on the nose.
The purpose of a system is what it does (POSIWID) is a heuristic in systems thinking coined by the British management consultant Stafford Beer
(I'm familiar w the heuristic but didn't immediately grok the acronym, hence sharing)
What is even more funny ... AGI actually makes everything worthless. (I don't believe we can achieve AGI with current means to be clear)
Looking at it from one way would be "winner takes all, real AGI company will be most powerful and everyone will switch to use it".
But it is not like that and in my opinion it is more like "AGI wipes whole knowledge work, so no one who cares has any money to pay for tokens/subscriptions anymore". Even without AGI current state of art of LLMs already starts creating such a problem. How do they continue to grow their numbers, when they actively cut the branch they are sitting on? How does AI LLMs or AGI pays for its own electricity, when people switch from hype to resource protection (like not spending any money, because generating funny cats loses with having a dinner)?