Conversation

Notices

1. Embed this notice
   Falcon Darkstar (falcon@mastodon.falconk.rocks)'s status on Thursday, 23-May-2024 13:46:33 JST Falcon Darkstar

   Capital is dumping its resources into AI because it believes it will advance capital's interests of further accumulation of labour's products. It does not matter in the short term that capital is sorely mistaken. Much like a bad king, capital's misallocation reduces output available to labour too (by preferentially allocating resources to those who participate in the squander). We will suffer this for so long as we permit capital to make macro allocative decisions.

   • Embed this notice
     Falcon Darkstar (falcon@mastodon.falconk.rocks)'s status on Thursday, 23-May-2024 13:46:32 JST Falcon Darkstar

     in reply to

     The current all hands on deck for AI approach of capital is like if a 20th century property developer were able to allocate substantially all road building, electrification, and water piping resources to a new subdivision. Which they are sure people want to live in, but actually smells bad and is mostly built atop a landfill.

     Haelwenn /элвэн/ :triskell: likes this.
   • Embed this notice
     Falcon Darkstar (falcon@mastodon.falconk.rocks)'s status on Thursday, 23-May-2024 13:47:26 JST Falcon Darkstar

     in reply to

     Read this as advocacy for taking first-order account of the interests of stakeholders other than investors.

     That probably looks like tax revenue funding open source, for example, without it being about defense or some objective beyond just making industry more efficient. Like any other project about maintaining the commons.

     This isn't even so radical as expropriation. It's just recognition that the digital age made new types of public infrastructure.

     Haelwenn /элвэн/ :triskell: likes this.