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
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. 🤌🏼