Re:The Contradictions of Sam Altman, AI Crusader
by AndrewKemendo on Sunday April 02, 2023 @08:18AM
(#35409781)
>The private sector's interest aligns with the market, at least on the average, as long as they are not allowed to illegally obtain a monopoly
This is the basic capitalist lie - Do you think Norfolk Southern's interests align with the "market" of Palestine? On what planet do Amazon drivers have the same incentive alignment a Amazon shareholders? No, the argument is "tough shit" go find some place that does, it's a "free market" just move your entire life any abandon community to follow around making money for a private dictator.
Unfortunately the entire profit or bust ethos isn't constrained to one company - any company that has profit as it's primary driver, aka any public company or VC backed company, MUST pursue profits over all things OR THEY WILL BE KILLED BY THEIR OWN INVESTORS. Further, now it's every individual that is required to pursue profit at all costs or - go broke and die - without healthcare because the "market" of healthcare isn't aligned with you the customer.
This lie is so pervasive that the entire field of Economics ASSUMES capitalism as the only possible economic system today (Economics was my field of study!) and anything other than it is "heterodox."
So no, you're simply describing the devastatingly broken system as though it's the only suitable option
In fact, all of the economists that wrote originally about the "market" described precisely how it would be corrupted into what it is today
Go read Veblen from 1899: Theory of the Leisure class then read chapter three of the wealth of nations and then come talk with me
This is the basic capitalist lie - Do you think Norfolk Southern's interests align with the "market" of Palestine? On what planet do Amazon drivers have the same incentive alignment a Amazon shareholders? No, the argument is "tough shit" go find some place that does, it's a "free market" just move your entire life any abandon community to follow around making money for a private dictator.
Unfortunately the entire profit or bust ethos isn't constrained to one company - any company that has profit as it's primary driver, aka any public company or VC backed company, MUST pursue profits over all things OR THEY WILL BE KILLED BY THEIR OWN INVESTORS. Further, now it's every individual that is required to pursue profit at all costs or - go broke and die - without healthcare because the "market" of healthcare isn't aligned with you the customer.
This lie is so pervasive that the entire field of Economics ASSUMES capitalism as the only possible economic system today (Economics was my field of study!) and anything other than it is "heterodox."
So no, you're simply describing the devastatingly broken system as though it's the only suitable option
In fact, all of the economists that wrote originally about the "market" described precisely how it would be corrupted into what it is today
Go read Veblen from 1899: Theory of the Leisure class then read chapter three of the wealth of nations and then come talk with me