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https://freedium.cfd/https://wlockett.medium.com/the-godfather-of-ai-just-called-out-the-entire-ai-industry-e8d48ed1d522>
“Nobel laureate Geoffrey Hinton, often called the "Godfather of AI" for his
enormous contributions to the artificial neural network technology that powers
AI, has been on a bit of a tirade against Big Tech recently. From calling out
their corporate greed to highlighting the dangers of AI, like Pandora, he has
been desperately trying to stuff the fates back into the box. But, in a recent
interview with
Bloomberg, he turned this up to eleven by calling out AI's
very economic viability. When asked by
Bloomberg whether the eye-watering
investments in AI will ever pay off, Hinton replied, "I believe that it can't,"
and elaborated, "I believe that to make money you're going to have to replace
human labour." Now, of course, Hinton, who also believes he has invented a
computer god, is focused on the enormous negative impact of AI replacing human
labour at scale. It basically turns this multi-trillion-dollar AI bet into a
lose-lose situation. After all, if the investment 'pays off', the economy will
be destroyed, making any kind of investment useless. But what Hinton failed to
do was ask, "Can AI replace labour?" Hinton seems unwilling to deface the
propaganda propping up his digital Frankenstein's monster, but fortunately, I
have no such qualms. This is why AI can't replace you, and why that means it is
doomed to fail.
If you listen to the hype, AI is definitely going to replace labour soon. For
example, research from AI Resume Builder found that 30% of companies plan to
replace HR roles with AI in 2026, and the boss of the UK's Buy It Direct has
claimed AI will replace two-thirds of their employees. That sounds pretty
scary, right? But AI Resume Builder has a huge vested interest in AI paying
off, and this research is not robust at all. Likewise, the company's scumbag of
a boss has been openly using AI as a threat against the UK's new "living wage"
— presumably because he knows that paying people enough money to live will cut
into his superyacht budget — and so has decided to lay off his employees for AI
if he can't put his workers into poverty. What a lovely chap…
In the real world of critical thinking, the data paints a totally different
picture.”
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
