That is kind of the point of capitalism. Not only when it comes to AI. Amazon didn’t care if it destroyed small bookshops or mom and pop stores. They found a way to sell things more efficiently and made money with it. The way economy works dictates you want to expand and grow as fast as possible. Or your competition will do it. Same goes for self-driving cars and AI.
The way we migitate for that in capitalism is regulations and laws.
Someone owning a roller coaster may also not have the same balance in mind when it comes to fatalities vs operating cost.
While I agree with your assessment, I just don’t think capitalism, at least in it’s current form, is equipped to handle this at all. You could say this is due to our government ineptitude, but we are not addressing these problems appropriately.
Our regulatory bodies are being constantly undermined by out of control presidents and congress. And the people making the laws about these things do not even begin to understand the things they’re making laws about (see: “does tiktok use wifi?” etc).
Regulatory bodies were made to fill this gap and fix this problem, but they are actively being meddled with, strong armed, and twisted into political entities.
Hehe, that’s not the country I live in but I get it. I think there is quite some amount of difference in how proactive or reactive for example the US and the EU are regulating stuff. But it kinda doesn’t matter if the system is theroretically equipped, but just rotten in practice. And it doesn’t make it better that AI is advancing crazy fast. Wile our government just managed to phase outthe fax machines… I mean it’s going to happen anyways.
While I agree with your assessment, I just don’t think capitalism, at least in it’s current form, is equipped to handle this at all. You could say this is due to our government ineptitude, but we are not addressing these problems appropriately.
Yes, in its current form. Which is too large, and has gotten to the point where it corrupts the regulatory controls that are supposed to counterbalance it.
So, I will say that it’s due to our governmental ineptitude. I will say that very fucking loudly.
Our regulatory bodies are being constantly undermined by out of control presidents and congress.
If only we didn’t have political parties who’s goal it is to “cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub.” Parties who actively want to dismantle our current democratic institutions and replace it with a dystopian corpocracy.
That is kind of the point of capitalism. Not only when it comes to AI. Amazon didn’t care if it destroyed small bookshops or mom and pop stores. They found a way to sell things more efficiently and made money with it. The way economy works dictates you want to expand and grow as fast as possible. Or your competition will do it. Same goes for self-driving cars and AI.
The way we migitate for that in capitalism is regulations and laws.
Someone owning a roller coaster may also not have the same balance in mind when it comes to fatalities vs operating cost.
While I agree with your assessment, I just don’t think capitalism, at least in it’s current form, is equipped to handle this at all. You could say this is due to our government ineptitude, but we are not addressing these problems appropriately.
Our regulatory bodies are being constantly undermined by out of control presidents and congress. And the people making the laws about these things do not even begin to understand the things they’re making laws about (see: “does tiktok use wifi?” etc).
Regulatory bodies were made to fill this gap and fix this problem, but they are actively being meddled with, strong armed, and twisted into political entities.
Hehe, that’s not the country I live in but I get it. I think there is quite some amount of difference in how proactive or reactive for example the US and the EU are regulating stuff. But it kinda doesn’t matter if the system is theroretically equipped, but just rotten in practice. And it doesn’t make it better that AI is advancing crazy fast. Wile our government just managed to phase outthe fax machines… I mean it’s going to happen anyways.
Yes, in its current form. Which is too large, and has gotten to the point where it corrupts the regulatory controls that are supposed to counterbalance it.
So, I will say that it’s due to our governmental ineptitude. I will say that very fucking loudly.
If only we didn’t have political parties who’s goal it is to “cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub.” Parties who actively want to dismantle our current democratic institutions and replace it with a dystopian corpocracy.