They all know we all fucking hate AI and yet no one refuses to crank up the money generating machine
Because there really isn’t any money in building things people actually want. Creating an actually useful product takes investments in infrastructure and labour, all the things that shareholders hate.
In our economy we don’t make money by building things, we make money by withholding things and selling access to them.
It’s why the monied class is so obsessed with AI. It sells the dream that you can not only get rid of labour cost, but actually make money off of selling access to the simulacrum of it.
It’s also infinitely scaling. There’s no need to worry about the human logistics side of it when it’s all a bunch of software that can, theoretically, scale forever.
Because there really isn’t any money in building things people actually want. Creating an actually useful product takes investments in infrastructure and labour, all the things that shareholders hate.
In our economy we don’t make money by building things, we make money by withholding things and selling access to them.
It’s why the monied class is so obsessed with AI. It sells the dream that you can not only get rid of labour cost, but actually make money off of selling access to the simulacrum of it.
Thanks—that’s very well stated.
It’s also infinitely scaling. There’s no need to worry about the human logistics side of it when it’s all a bunch of software that can, theoretically, scale forever.