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Re:Over 40% of the latest YC batch are AI/ML startups by fortissimohn on Thursday April 06, 2023 @02:56AM (#35465083)
Surely this technology will be used for the benefit of humanity. By 2030 we will be working 15 hour weeks and all people will have homes!
Re:Over 40% of the latest YC batch are AI/ML startups by xbmcuser on Thursday April 06, 2023 @03:28AM (#35465359)
It will be interesting to see what happens. By not taxing capital gains at higher or similar rates to income most of the larger % of the new wealth being generated was moving to owners of capital rather than workforce already. Now this is going to compound the problem further as the last avenue to increase wealth is closed off for the people without capital.
Re:Over 40% of the latest YC batch are AI/ML startups by mirekrusin on Thursday April 06, 2023 @03:00AM (#35465123)
* applies to employees of AI companies only
Re:Over 40% of the latest YC batch are AI/ML startups by oblio on Thursday April 06, 2023 @03:04AM (#35465158)
* for the duration of their employment and not to yellow badge employees
Re:Over 40% of the latest YC batch are AI/ML startups by slg on Thursday April 06, 2023 @03:07AM (#35465174)
Surely YC will be the force pushing for that and not just the enrichment of a few people who are already insanely rich.
Re:Over 40% of the latest YC batch are AI/ML startups by kolinko on Thursday April 06, 2023 @03:24AM (#35465341)
Most startups funded by YC are from first time founders, and definitely not by people post-exit. The whole idea, and value that the startup ecosystem brings is giving opportunities to anyone to enter the field and compete with the establishment.

For me, personally - before the startup ecosystem happened in my country, it was extremely difficult to break through. If you worked for a large entity - good for you. If you wanted to do something on your own - you weren't treated seriously, and it was very difficult to get through.

Now, people from anywhere, can visit meetups and hackathons to get up to speed, and gain connections. And accelerators like YC provide resources and mentoring to the ones that are the best.

Also, notice that YC has an open application, and they don't look at your social status, your wealth, nor your connections, when judging your application.

Of course it's not perfect - being from US, or the bay area, helps. Knowing people who got through YC and can help you prepare your application also helps.

But I haven't heard of anyone with a better idea for solving this.

Re:Over 40% of the latest YC batch are AI/ML startups by slg on Thursday April 06, 2023 @04:08AM (#35465633)
Why do you think YC does what they do?
Re:Over 40% of the latest YC batch are AI/ML startups by tuyguntn on Thursday April 06, 2023 @03:00AM (#35465120)
(for the sake of critical thinking)

or rich get richer, poor get poorer and will not have access to AI tools, society will collapse, more jobs will be low paying, most on demand skills would be everything done by physical activity

Re:Over 40% of the latest YC batch are AI/ML startups by borissk on Thursday April 06, 2023 @03:10AM (#35465201)
Sounds like a good guess.

Computers, the web, mobile drastically increased the productivity of office workers, but somehow they don't work 15 hour work weeks.

Re:Over 40% of the latest YC batch are AI/ML startups by palata on Thursday April 06, 2023 @03:18AM (#35465295)
Yeah humanity messed up somewhere. Instead of working 15 hours in a sustainable world, we work our ass off destroying it so that a few can get rich.
Re:Over 40% of the latest YC batch are AI/ML startups by admissionsguy on Thursday April 06, 2023 @03:09AM (#35465196)
> society will collapse,

The great promise of robotics and AI is the possibility of decoupling societal stability from the vagaries of the poor.

Re:Over 40% of the latest YC batch are AI/ML startups by cornholio on Thursday April 06, 2023 @03:25AM (#35465345)
That's not the great promise of AI. The great promise is relieving humans from all types of labor and freeing their time to create, explore, imagine, love and live. But human time would only be useful for such goals if proper societal structures are put in place, which is a political issue, not a technological one.

In our current compounding-capital model, what you get is a depreciation of all human capital to zero, therefore everybody who doesn't already own capital is fucked for eternity because they have nothing to compound and get the ball rolling. Zero social mobility, absolute polarization between an AI-owning class and an own-nothing class for as long as revolution is prevented.

Re:Over 40% of the latest YC batch are AI/ML startups by borissk on Thursday April 06, 2023 @03:12AM (#35465232)
How?

By having armies of semi-intelligent armed drones, that will kill the poor if they decide to riot?

Re:Over 40% of the latest YC batch are AI/ML startups by kolinko on Thursday April 06, 2023 @03:28AM (#35465362)
By bringing wealth so cheaply that it can be given away.

We already have many things that are given away for free, whereas a 100 years ago they were considered luxury (books, pens, papers, access to knowledge in general, and in Europe - public transport and healthcare, plus to some extent food, heat and electricity).

Re:Over 40% of the latest YC batch are AI/ML startups by whiplash451 on Thursday April 06, 2023 @03:47AM (#35465521)
Then that’s not wealth anymore, because wealth is relative.
Re:Over 40% of the latest YC batch are AI/ML startups by Idiot_in_Vain on Thursday April 06, 2023 @04:24AM (#35465742)
Would the wealthy and the powerfull be happy for everyone to become wealthy?
Re:Over 40% of the latest YC batch are AI/ML startups by kolinko on Saturday April 08, 2023 @03:50AM (#35491451)
Why not?

If you’re a part of a startup ecosystem, you’ve seen how it works first hand - wealthy and successful sharing knowledge with the others.