As usual, no one read the article. Huang didn’t say anything remotely like that. His idea is that AI will take work away, allowing us to pursue ideas we hadn’t had time for. Yes, we tend to work harder when pursuing our own ideas and plans. Nice theory, but we know it won’t work that way.
monopoly capitalism
That’s the word I’ve been needing! I keep saying what you are experiencing is not capitalism, it’s oligarchy. Monopoly capitalism is maybe more to the point.
40-years ago was nothing like today, with a handful of companies running every sector of the economy and our lives. People in the 80s would shit kittens if you went back and explained who owns what in 2025.
As usual, no one read the article. Huang didn’t say anything remotely like that. His idea is that AI will take work away, allowing us to pursue ideas we hadn’t had time for. Yes, we tend to work harder when pursuing our own ideas and plans. Nice theory, but we know it won’t work that way.
That’s the word I’ve been needing! I keep saying what you are experiencing is not capitalism, it’s oligarchy. Monopoly capitalism is maybe more to the point.
40-years ago was nothing like today, with a handful of companies running every sector of the economy and our lives. People in the 80s would shit kittens if you went back and explained who owns what in 2025.