Christopher Butler’s take on the best and worst case scenario for AI.
The best case scenario is that AI is just not as valuable as those who invest in it, make it, and sell it believe. This is a classic bubble scenario. We’ll all take a hit when the air is let out, and given the historic concentration of the market compared to previous bubbles, the hit will really hurt. The worst case scenario is that the people with the most money at stake in AI know it’s not what they say it is. If this is true, we get the bubble and fraud with compound motives.
[…]
I don’t worry about the end of work so much as I worry about what comes after — when the infrastructure that powers AIbecomes more valuable than the AI itself, when the people who control that infrastructure hold more sway over policy and resources than elected governments. I know, you can picture me wildly gesticulating at my crazy board of pins and string, but I’m really just following the money and the power to their logical conclusion.