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Videos with titles like "Global collapse by 2027" are a bit over the top. I don't think we'll have global collapse in 12 months from now. But I am worried about how Ai will change things 12 years from now.
What is interesting is that when the Internet started to become popular among normal, non-geek people everyone said it was the dawn of a great new age where everyone will have a voice. Lots of positive predictions for the future.
But hardly anyone is raving about our Ai future. Even the CEOs of Ai companies are warning about the massive disruption to society Ai will bring. Not to mention the warnings about what Ai might be used for by terrorists and criminals.
But, yeah, we'll have to wait and see how it all unfolds.
I recommend watching the videos, there’s a lot of insider info there.
It’s impossible to know how it’s going to play out. There are already job losses and it’s being used for disinformation, but if the trillions already invested aren’t going to get a return, then backers and shareholders will pull out (already starting to happen), potentially making the whole thing commercially unviable.
Plus of course the hit to the environment, which could also necessitate genuine government restrictions on its use.
I've watched them (and many more) over the last few months. Very interesting. But I still think a lot of the YouTube videos are very click-baity (especially their titles and thumbnails) and over the top about the "Ai Apocalypse" that is "just around the corner".
Yeah - the power and water used by Ai is huge. I didn't realise this until recently.
The other thing is the chips used in the data centres are out of date in a few years time, so unlike a coal or atomic power plant that is designed to run for decades these Ai data centres will need expensive hardware refits every few years.
Oh definitely. Roman Yampolskiy and Geoffrey Hinton are experts on the subject though, so still interesting to hear their thoughts.
I went from 'we're doomed', to 'oh well, anyway' after reading the Carol Cadwallader article.
Yep. And when you look at all the 'virtual money' that's already swimming around, keeping a rapidly growing AI beast fed and watered might put off a few more investors befor the year's out:
Spoiler Alert: Nothing is free. Someone pays for everything that requires the time, labor and energy of people. In the US, the most wealthy part of the population pay the lion's share of taxes. Not an exaggeration. And guess what? Overtax people and they leave for countries which don't try to steal everything they own.
Recently, Elon Musk promised to eliminate poverty and provide every person on the planet high quality (if not free) healthcare and medical services... but he's mistaken. He thinks logically, like an engineer. But engineers don't run the world. Politics runs the world. Self-interested people (which we all are) run the world. So even if it was possible to assign a personal robot to every person on the planet, SOMEONE would have to pay for that. The fundamentals of economics and basic human behavior won't change, even in an age of "miraculous" plenty.
Having free education, healthcare and social security doesen't automatically mean that you are overtaxing people.
Are the wealthy overtaxed in the USA?
Again, it's not free. None of it is free. And considering many wealthy people (including Jeff Bezos, Elon Musk, etc.) have left places like California, Washington State and New York for places like Texas, Florida, Arizona, yes you can bet they were being overtaxed in those states. And if they pay too much in Federal taxes they can leave the US since they have the means to do so.
I think you know what I mean when I say "free".... free to the recipient. Paid for by taxes.
They can leave but their companies can't - they do business in the USA, so presumably they pay company tax in the USA.
I have heard terrible rumors about your heroes Jeff Bezos and Elon Musk paying no federal income taxes at all some years. Surely it can't be true...?
Bezos isn't my "hero" and I admire Musk for his successes and for following his vision.
As for Musk not paying Federal taxes? That's a completely fabricated lie.
https://fee.org/articles/freeloading-elon-musk-to-pay-largest-federal-tax-bill-in-history-an-estimated-83-billion/
But, but, but, Ai said so...
I'm not going to rephrase and retype all of this and it answers your question (from Grok). If you use the tax system as it exists today, you can minimize your taxes. That's not illegal and literally everyone pays as little of their income to taxes as they can:
@NeuM said:
You used Elon Musk's Ai to fact-check Elon Musk?
Atlas Whined
It looks like you're trying to be funny, but these LLM/"A.I." models are constantly in competition with each other for the top spot on the LLM Leaderboard. Grok 4.1 is in the top 10 worldwide right now in several different categories. Google and OpenAI have models which rank higher, so feel free to use them to double-check (or triple-check) the post for accuracy.
If you ask a poorly phrased question, such as "has elon musk not paid tax", you may get an answer that is similarly incomplete. Try asking: "If there were any years Elon Musk paid no Federal taxes, what were the reasons?"
https://artificialanalysis.ai/leaderboards/models
Good point.
I don't think so by a long stretch.
On the other hand I always find the actual numbers throw me for a bit of a loop.
(source: https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/receipts-of-the-u-s-government)
I'm not trying to make any point here. I studiously have no opinion on these things. I just like numbers. ✌🏼
Interestingly, I couldn't open https://fiscaldata.treasury.gov in Safari. Chrome worked though.
I wonder what company tax contributes?
About 11% of total tax revenue. It's the third largest contributor after income and payroll** taxes in 2024.
** Social Security, Medicare, etc.
So, if the bottom 50% only pay 2%... why tax them at all?
Why not make them tax free and stimulate the economy a bit and become very popular with voters in the process...?
There you go asking for opinions. 😬
I think about 35% of the population paid zero income tax in 2022. But now we're starting to mix % of population and % of income, so numbers start to get muzzy, and I'm nowhere near curious enough to do the math.
And Gospel charts too..
No. 1 Christian artist topping the charts is AI: No 'holy spirit'