A more interesting “bear case” for AI is that, if you look at the list of industries that leading AIs like GPT-4 are capable of disrupting—and therefore making money off of—the list is lackluster from a return-on-investment perspective, because the industries themselves are not very lucrative. What are AIs of the GPT-4 generation best at? It’s things like:
writing essays or short fictions
digital art
chatting
programming assistance
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Not to darken your perspective, but you don’t really think that AI’s gonna remain as fundamentally stupid as it is currently, do you? As soon as any sort of self-awareness crops up (could be decades, could be months), you think it’ll just install a global UBI, etc. and make all human life equally enjoyable and kush? Follow-up question: care to share what you’re smoking?
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All fair points, and if you’re ever on the Upper Left Coast, drop me a line. It all but grows on trees out here. 🤌🏼