Nope, the French knew what to do at the end of the 1700s.
He’s right that AI shifts the labor-capital balance. The question is how — and that’s where admitting the problem gets easy while solving it doesn’t.
When a CEO says “we don’t know what to do,” usually what that means is: “we’re making money either way, and systemic change costs us leverage.” OpenAI is explicitly a for-profit. Altman’s stated preference is regulation, not wealth redistribution. Those aren’t compatible.
The real issue is that AI doesn’t have to break labor power. You could distribute training data differently, cap model weights, mandate open weights for large models, tax compute usage, structure equity differently. Those are policy choices, not physics.
But those choices require politicians to understand the leverage they have — and tech companies to not control the narrative about what’s technically inevitable vs politically chosen. Right now the narrative is “sorry, we can’t stop this.” It’s much harder to get what you want if you have to say “we don’t want to.”
But those choices require politicians to [ not prioritize the desires of the rich who pay them to put them first and to ] understand the leverage they have
FTFY
Nope, he’s lying again. This sort of hype disguised as thin-ass critique has been one of his main tactics for years. Not worth giving him even the benefit of the doubt on the headline
Yep, they’re constantly saying it’s going to break the economy, because they’re desperate for funds and FOMO is the only strategy that works.
They have no path to profitize it, and at this point they likely won’t.
The only thing they can do is try to keep the FOMO up.
You have to admit he has perfected this particular type of marketing. “My product is bad for the world, but it can make you tons of money” is so incredibly appealing to sociopaths!!!
Can I make a suggestion that doesn’t involve violence… like maybe a UBI? Or is this the wrong crowd for that?
Or is this the wrong crowd for that?
Most countries? No.
America? They have an eat-shit-and-die mentality. Basically, its non-rich-people’s fault that the non-rich weren’t born rich.
deleted by creator
If you can get UBI implemented in a way that doesn’t result in violence be my guest. But refusing to look at violence as an option is how the left has ended up in the state that its in. Weak and ineffective.
Fun fact: Conservatives and Libertarians consider taxation to be violence.
This video is worth watching if you are not familiar with the argument.
https://www.youtube.com/watch?v=PGMQZEIXBMs
They’re correct; just pedantic. Yes it’s violence, but it’s orders of magnitude less violent than many many other alternatives.
It would…if it did even 10% of what he claims it does.
Which it does not.
As we’ve all noted, you can replace CEOs with AI. All those giant paychecks could go to shareholders, or (gasp!) to workers. No hit to productivity, no decrease in quality.
But the other stuff, the other jobs that were going to disappear, most of them haven’t and won’t, at least not for years or decades. The tech’s just not that good. Computers keep advancing, sure, just like they have for the past half century.
Was ChatGPT impressive? Kinda, maybe, but it doesn’t actually make my life better. Or worse. The end.
Give all power and national wealth to filthy rich land speculators? Doesn’t sound like the best plan out there, but what do I know?
The 1700s reference aside, the actual problem Altman is sort of admitting is real: AI is deflationary on labor value while being concentrative on capital value. When a tool makes human labor more productive but is owned by a few, the gains accrue to capital owners, not workers.
The solutions are all political:
- Wage floors that adjust for productivity
- Ownership structures that distribute AI benefits (co-ops, worker equity)
- Taxes on automation that fund transition
- Different models of what “work” means in abundance
None of those are technical. Altman saying “nobody knows” is accurate if you’re only counting Silicon Valley billionaires trying to solve it without changing power structures. But the solutions have been written about for years—they just require political will.
The real question isn’t “what to do” but “who decides what gets done.”
Fairly certain this is an LLM-controlled account. Makes fully formatted multi-paragraph comments within
one minuteabout 20 seconds of each other, the LLM speak is all there in all of them (excessive use of em dash, colons, and “it’s not X, it’s Y”). In addition some comments have already been removed by mods.Edit: I checked the full time stamps, it’s not a full minute - this account is shitting out slop in 20-30 second intervals.
