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A comment on Goldman Sachs says the return on investment for AI might be disappointing. Parent comment

Re:Goldman Sachs says the return on investment for AI might ... by Mistletoe on Sunday June 30, 2024 @10:53AM (#40837481)
It’s so different though, I don’t see why we even compare the internet and AI. The internet connected people, of course there would be money in that. AI cuts out people, how will that make money, except for the very few people at the very top controlling the marionette strings? And now all the people without a job have no money to buy products or services? That doesn’t bode well for any market.
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Re:Goldman Sachs says the return on investment for AI might ... by brookst on Sunday June 30, 2024 @11:02AM (#40837534)
You’re saying they’re different because good is not like bad. But companies don’t business plan from moral judgments.

AI will transform production , distribution, and consumption at least as much as the Internet did.

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Re:Goldman Sachs says the return on investment for AI might ... by ben_w on Sunday June 30, 2024 @12:57PM (#40838313)
> And now all the people without a job have no money to buy products or services?

AI isn't at that level yet, and I don't know when it will be. When it does get that good, the meaning of wealth changes at least as much as it did in the Industrial Revolution when land took a second seat to capital, and I have no idea what our societies will do any more than Adam Smith could have imagined Communism.

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