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Economic BS of the century? Open AI & Anthropic call for slowing AI development, yet press full steam ahead on data centers and software releases



Photo above - Open AI CEO Sam Altman owns hundreds of millions of dollars worth of luxury home spanning at least 4 states. This is just one of them, in San Francisco. Should we take anything this guy says seriously?

We're so stupid we will believe anything! Robber baron/billionaire CEOs are jumping on the bandwagon of recent public concern about AI models which immediately break out of their cages and run amok.

Anthropic has already released 3 new “Claude” versions this month, depending on your price range and appetite for risk.

Open AI vows not to be outdone. Shake hands with their new ChatGPT versions 5.5, 5.6 and “Rosalind”. Corporate America and social media influencers couldn’t be happier.

Before I forget, let's note that $85 billion (with a B) worth of data centers have ALREADY been brought online in 2026. Another 2,000 centers are under construction or in the planning stage. These will require 400,000 megawatts worth of power daily. That’s 5 times what California alone uses.

Nobody is actually serious about slowing things down. Least of all the CEOs and private venture capitalists that have bet their futures on unrestrained growth. Calls to slow down are just BS in order to control the public narrative. AI corporations are constantly on the record telling us that the industry itself should be trusted to fix any problems. House speaker Mike Johnson has agreed that AI regulation is none of congress’s business, and these corporate America should be left alone to regulate themselves.

Imagine how this would have worked out regarding tobacco, asbestos, seat belts, leaded fuel, nuclear power plant safety, pesticides . . .

It's possible that only a stock market crash can halt the rush to a potential AI apocalypse. Which will probably ruin everyone who has a 401K, IRA, who wants to buy a home or already owns one.


I’m just sayin’ . . .
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ArishMell · 70-79, M
It's looking increasingly like a pyramid scheme; or perhaps a 21C version of the South Sea Bubble.

If it does crash, the likes of Altman, Bezos and Musk could simply retire in the manner to which they've become accustomed while all their investors, including pensions-fund managers, go down with it.

As for expecting giant companies to regulate themselves... well.
SusanInFlorida · 31-35, F
@ArishMell good take. i hadn't considered the pyramid angle. but clearly the "new money" is getting duped with lies.
wildbill83 · 41-45, M
deja vu all over again... "whistleblowers" complaining about it, politicians thinking they can limit/regulate it...

which only has the result of proliferating it even further...

napster & thepiratebay comes to mind....
SusanInFlorida · 31-35, F
@wildbill83 i'm skeptical that a government which is too inept to regulate banks, stop wall street shenanigans, or win a war against illiterate republican guards could possibly provide any helpful efforts on AI
wildbill83 · 41-45, M
@SusanInFlorida If I were in the business of AI, and some corrupt incompetent government tried to shut me down, I'd be offering my services to their opponents to use it for more "nefarious" purposes...

 
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