This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.
Be warned:
If you find yourself getting angry (or god forbid, agreeing) with something Anon has said, you might be doing it wrong.
I've said it before and I'll say it again. Businesses operate on three timescales. Monthly, quarterly and annually. Anything beyond that they're not even thinking about.
When a company talks about long term strategy you can ignore everything they say after. It means nothing.
So AI can make them more money in the short term. They don't understand the problem even if it's right in front of them.
I feel this is always true for public companies, while there are some exceptions in private ones.
Anything beyond that they’re not even thinking about.
Every place I've had a white-collar office job, there's been a 5-year plan. But the plan is typically a flippant and unrealistic goal, I suppose the purpose of which is to temporarily boost morale and to be a cult-like litmus test to see which employees can ignore reality.
Two of the more egregious examples: I worked in what was considered a medium sized company (maybe 30ish employees at the time). Management decided their 5-year goal was that we were going to grow large enough to own/build a skyscraper downtown. Another was at a relatively unknown regional retain chain that couldn't even compete with Walmart whose 5 year goal was to become a household name around the world.
From what I've noticed, with AI companies, it's usually not "annual" but "annualized", which is just an estimate. And it doesn't seem like there are any rules to calculating that estimate, you can just grab the best 30-day period of operation, multiply it by 12 and claim millions in annualized revenue. And then they usually just sell to someone based on this estimation, since it's almost never profitable to build something on top of existing infrastructure of the main players in this market and maintaining your own is just not feasible.
They don't have a plan. It's pigs at the trough.
Yup. The people pushing AI are not concerned with the social or economic reprocussions of pushing AI. They just want line go up.
The "Don't Look Up" greed + willful ignorance will crush us all.
You forgot they're also whining about declining birth rate, and begging people to have more kids.
My 401k has gotten up into the 5 digit range a couple times, but emergencies have required me to to drain it. Retirement is a dream I rarely harbor.
I'm working until the day I die. My mother fancies herself retired and rots away in a house she imagines she owns, but it has been property of the bank since before I was born in the 80s. A mortgage that was essentially renting with extra steps.
I'm just whining now, so I'll stop.
It's topical whining though, so it's allowed
isnt that the plot of wall-e
I heard recently this summary:
The US economy depends on two things:
Have you ever met Capitalism™ ? The guy doesn't really do long term plans
People tend to forget how cheap gasoline is and how abundant glass bottles and rags are.
Short term profit.
Yeah the thing that pisses me off the most is the wealthy elite only got wealthy because of the disposable income of a healthy middle class. Without that the whole system collapses. So striving for more and more wealth is only going to hurt everyone in the long run. The worst part is they will be the last to be hurt.
Alas, the world is ruled and has been ruled for many centuries by madmen, nothing can be done.
I think they plan to just sell yachts to each other at the oligarch level.
It's UBI, and no, UBI is not a real socialist plan. It keeps the rest of us poor with little possibility of social mobility.
Hahahahhaha they will give you an unlock code for an euthanasia capsule if you're lucky they don't imprison you for homelessness where you can have a job doing the last things that can't be automated. Look what they're doing to the "undesired" in usa; everyone on earth knows about gaza and the outcry is minimal, once you're poor, and you will be poor, nobody will cry when you dissappear. 
A small photo showing inmates in Louisiana
They've already made a shitload of money. Now they're consolidating their extreme privilege into violent political control.
And when bubble pops, the rich will be paid immediately via an inflation tax on the poor as per usual...
https://www.npr.org/2023/03/13/1163180140/silicon-valley-bank-is-it-a-bailout-barofsky
Soylent Green.
Getting rid of money and having a heavily stratified society with the current wealthy at the top. Like a cheesy SciFi premise but realized here to live in.
I'm guessing they will lobby th government to give out credits. They will then trade materials with each other, allow the masses to just starve and die off. They don't actually want money, they want absolute power.
They only need us to make stuff. Once we are redundant, they won't care about selling (to us)
People like Peter Thiel literally want to kill off most of humanity. They see us as dead weight.
Sell to other billionaires ad nauseum. Let the rest of humanity starve. The usual kings and peasants model
It's never supposed to take all the jobs I think. But to eliminate what jobs they can and skim the difference.