OpenAI: Artificial Intelligence will generate wealth to pay each adult $13,500yr

stompix

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So, the wealth will not come to form some miraculous AI that makes money but:

Quote

In his post, Altman proposed an American Equity Fund that taxes sufficiently large companies 2.5% of their market value in the form of company shares, and 2.5% of the value of all land in the form of dollars. Private companies with annual revenue of $1 billion or more would also be taxed and pay in cash, Altman said

Why do you need an AI in all this plan when the money, just like in any socialist utopia soon to be dystopia from taxing other people?
What was even the point in throwing the so-called revolutionary AI into his mess, his plan will not work unless he taxes the companies and people with money, without an unlimited source of taxation no AI system, will be able to redistribute anything to anybody. Why would you need money in the first place when those systems are the ones that could guarantee themselves affordable living conditions for the masses?

Just another socialist dream wrapped in a different package and with a topping of "this time, it will work" cream.

Kittygalore

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Quote from: StartupAnalyst on April 01, 2021, 03:50:14 AM

We already use artificial intellect in everyday life. It is an integral part of the progress. Even Google assistant available on smartphones is with artificial intelligence. The idea that AI is using to work and help people to save their time is good but all is good in moderation. Now Tesla provides cars that are ruling on autopilot, many factories work without people (have only controlling personal), talking that soon airplanes will also fly without pilots (totally on autopilot), so all these leads to decreasing of working places. People are fired and will be fired more and all those words that government will pay money to someone because AI will work instead of them is a big fairy tale.

The AI that is currently in use are not as advanced as OpenAI, they did a test of this AI in the Dota 2 Tournament "The International" which is the biggest tournament for the game, and the AI hasn't experienced a loss in all the 1v1 challenges against it and the players that fought against it are the top players of the world. If we continue to advance in terms of Neural Network, I think that we will be able to see an AI that will make itself learn. The only reason that I think that AI will generate wealth to pay people is if the AI can be utilized to do day trading or maybe they can help professionals to do their work for them.

StartupAnalyst

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We already use artificial intellect in everyday life. It is an integral part of the progress. Even Google assistant available on smartphones is with artificial intelligence. The idea that AI is using to work and help people to save their time is good but all is good in moderation. Now Tesla provides cars that are ruling on autopilot, many factories work without people (have only controlling personal), talking that soon airplanes will also fly without pilots (totally on autopilot), so all these leads to decreasing of working places. People are fired and will be fired more and all those words that government will pay money to someone because AI will work instead of them is a big fairy tale.

DrBeer

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The question is for logic. How will the indicated amount appear "out of nowhere"? At best, this is possible in pyramid schemes. Just like that, income cannot appear - someone has to form it from their wallet. Who will be the "charitable foundation" for this project?

Kong Hey Pakboy

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Quote from: wiss19 on March 29, 2021, 12:04:06 PM

The way we are going with these AI of a thing , I hope we don’t end up creating the ones that will bomb earth to pieces. Cause this is really turning to something else since all these dumb scientists now wants AI to do everything single thing on earth, what’s wrong with our normal way of living?

Why don’t we just live our lives the way it is and only create minor AI that we can easily manage, than all these big stuffs that doesn’t make any sense, seriously.

Well, whatever , I just hope that whatever they are creating they better find ways that they are going to be keeping them under control, so they don’t do some stupid things.

You watch too much movies, that will be near impossible in my opinion and if it ever happens, that will be probably around two generations so really no worries at all. The reason that they are doing this is to help them with other things like complex calculations and IoT devices which is a good thing because it can help other people do multiple tasks with the help of an AI at the same time. Now with this idea that people are getting paid because AI will generate money, the only way that I can see that it will do it is when you create an AI that does the trading for you.

wiss19

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Quote from: Hydrogen on March 18, 2021, 06:47:26 PM

AI carries a potential to boost productivity and profit margins, if the big promises attached to it pan out. Productivity from the 1950s to the present have doubled in some areas. Generating wealth has never been an issue. The main difficulties we've faced are booming population growth coupled with wealth distribution. In terms of whether gains in productivity can exhibit a trickle down effect.

The way we are going with these AI of a thing , I hope we don’t end up creating the ones that will bomb earth to pieces. Cause this is really turning to something else since all these dumb scientists now wants AI to do everything single thing on earth, what’s wrong with our normal way of living?

Why don’t we just live our lives the way it is and only create minor AI that we can easily manage, than all these big stuffs that doesn’t make any sense, seriously.

Well, whatever , I just hope that whatever they are creating they better find ways that they are going to be keeping them under control, so they don’t do some stupid things.

Silberman

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Quote from: el kaka22 on March 23, 2021, 03:09:36 AM

I get that it "can" but just like how the article mentions, that "only" happens if the wealth created by AI is distributed to the people, we all know that is a lie right? Capitalist wealthy billionaires will do everything in their power to use AI to make even more money and give people even less money, it could be another usecase for AI, figure out how to keep people so poor that they can still survive but barely, because that's what rich people want us to be, so poor that we can still purchase stuff from them but not be rich.

We all know that we are going to see people with the first trillion dollar networth in modern times if this happens, well we will see it eventually anyway but AI will make it easier.

AI can in theory do whatever you taught to it, so if an AI was taught how to do that then it could do so in a very effective way, however I think we are very long way to go to reach the AI that we see in the movies, however AI is already part of our lives and it is increasing in its power, if you have ever bought something online and then you see recommendations of other products in which you could be interested chances are that list was produced by an AI.

jaberwock

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Quote from: Wawa2013 on March 23, 2021, 06:05:51 AM

I believe that in the future the tough and dangerous work will be done by Artificial Intelligence, and humans will do light work and work that involves emotions. Large factories really need Artificial Intelligence so that work is more effective and productive than using humans as workers.
In exchange, the government can collect bigger taxes for companies that use Artificial Intelligence as their workers. Tax revenue can be used to help people who have not found a job, so I don't mind Artificial Intelligence taking over some of the jobs that humans do. As long as there is clear regulation from the government regarding Artificial Intelligence, and also do not harm humans. There is nothing wrong with this world starting to employ Artificial Intelligence for jobs that are usually done by humans.

I do not think that governments could collect bigger taxes from those companies. Look at amazon for example, it has a lot of people but they have a lot of machines that work for them as well yet when we are talking about taxes they pay zero federal taxes. There are so many companies that pay zero federal taxes as well.

This is a proof that rich people could buy the politicians from any party (doesn't matter nation, doesn't matter party) and they will keep paying as little tax as possible and hide their wealth in overseas as well and keep doing that forever, even if AI allows them to make more money. It means with this AI there will be less people employed and there will be more wealthy people and more poverty in the world. This is why I think this AI business needs to be regulated properly, if not it is going to be the worst thing for humanity.

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Quote from: Poker Player on March 23, 2021, 07:22:28 AM

This dream is not new. A future world where we work less and live better thanks to machines, and, in this case AI. Today we live better than we did 50, 100 and 1000 years ago, but we don't stop working, at least most of us. I hope this is the case, but I have my doubts. It would be ideal a future where working is not an obligation and people do what they like, being the rest of productive jobs carried out by machines.

The bolded is what we were taught , but I don't think that can be trusted. I believe humans lived better in the past when they were living according to the purpose they were created but things deteorated as we deviate from the purpose. Besides, our world and things in it are deteorating (not getting better) as time goes on and evil increases.

Poker Player

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This dream is not new. A future world where we work less and live better thanks to machines, and, in this case AI. Today we live better than we did 50, 100 and 1000 years ago, but we don't stop working, at least most of us. I hope this is the case, but I have my doubts. It would be ideal a future where working is not an obligation and people do what they like, being the rest of productive jobs carried out by machines.

Wawa2013

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I believe that in the future the tough and dangerous work will be done by Artificial Intelligence, and humans will do light work and work that
involves emotions. Large factories really need Artificial Intelligence so that work is more effective and productive than using humans as workers.
In exchange, the government can collect bigger taxes for companies that use Artificial Intelligence as their workers. Tax revenue can be used to
help people who have not found a job, so I don't mind Artificial Intelligence taking over some of the jobs that humans do. As long as there is
clear regulation from the government regarding Artificial Intelligence, and also do not harm humans. There is nothing wrong with this world
starting to employ Artificial Intelligence for jobs that are usually done by humans.

Mauser

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Quote from: el kaka22 on March 23, 2021, 03:09:36 AM

I get that it "can" but just like how the article mentions, that "only" happens if the wealth created by AI is distributed to the people, we all know that is a lie right? Capitalist wealthy billionaires will do everything in their power to use AI to make even more money and give people even less money, it could be another usecase for AI, figure out how to keep people so poor that they can still survive but barely, because that's what rich people want us to be, so poor that we can still purchase stuff from them but not be rich.

We all know that we are going to see people with the first trillion dollar networth in modern times if this happens, well we will see it eventually anyway but AI will make it easier.

I got the same impression when reading it as you. On paper it sounds nice, if we could distribute the wealth to everybody, but we are living in a capitalist society. This is never going to happen. Why would any company that makes a profit with AI just give away their money? The only way that could happen if the government would do it via taxes, but this is not feasible in todays world. If one country increases the tax rates too high than the companies will just relocate to other countries and use tax havens to save the money.

Ucy

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Quote from: Oceat on March 19, 2021, 11:53:30 AM

Quote from: Ucy on March 19, 2021, 10:45:33 AM

Just imagining what a human body Will be like if natural cells,tissues, brains etc are replaced by artificial alternatives and paid/rewarded to enjoy life while the artificial ones do most of the jobs

I still have a doubt about this AI thing compared to humans who have free will and emotions while a computer can't feel anything. I don't like the idea of having AI/robots that would do most of the jobs that human can do especially if it doesn't require strength. But somehow I like how AI works almost perfectly than we humans but the question is, if this grow up. Will there be enough jobs for most people on who lives on that specific country if it was handled by AI?

Yeah, sure the owner would say he's lucky to have some AI works for him to save money but there are works also that AI cannot handle if it requires a delicate skills when handling such as making clothes, cooking and many more that would require some interaction.

This is kind of scary if you could imagine the whole thing controlled by robots or AI.

Works almost "perfectly" in tasks humans programmed for them. Humans can be trained/"programmed" to work better in an ideal condition. By the way, AI can't solve new problems safely than "purified" humans. Good Ideas for solving problems the right ways and quickly come from the CREATOR.

el kaka22

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I get that it "can" but just like how the article mentions, that "only" happens if the wealth created by AI is distributed to the people, we all know that is a lie right? Capitalist wealthy billionaires will do everything in their power to use AI to make even more money and give people even less money, it could be another usecase for AI, figure out how to keep people so poor that they can still survive but barely, because that's what rich people want us to be, so poor that we can still purchase stuff from them but not be rich.

We all know that we are going to see people with the first trillion dollar networth in modern times if this happens, well we will see it eventually anyway but AI will make it easier.

paxmao

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There are a lot of expectations about artificial intelligence and robotics. These seem to pair up quite well and we seem to be still far away from the cyberhumans - actually mixing electronics with humans, perhaps up to the point of creating a new especies.

But for now, this has a lot to do with UBI (universal basic income) and how we distribute the newly created wealth that may (MAY) come out of the advance of these technologies. For those young among us, they will not remember how the AI was also a buzzword a few decades ago with IBM's Deep Blue "beating" Kasparov at chess.

Are we again on the hype cycle slide?

davis196

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This guy sounds as if he invented the economical "perpetuum mobile" and everything will be perfect from now on.The AI will take care of everything and we will be just reaping all the benefits without any efforts and hard work.Robot servants will do all the work and we will be zipping margaritas on the beach. Grin

This utopia might happen after 500 years(if there's no Apocalypse),but there's no point of discussing it now.
I assume that this conman will be selling his miraculous AI trading bot for $$$ and eventually scamming lots of people,when it turns out that this is another "snake oil".

avikz

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AI and automation will eventually bring dooms to our lives in next few years! It has the power to drastically change the job market because big corporations will stop hiring people for reparative tasks and instead make use of AI and automation. The neat result will force millions of people loose their jobs and income.

2% tax on such use of AI is not going to be enough to cover the earnings of the population lost their income due to such things. We surely don't want to see an world where robots will rule the job market and people will suffer from financial burdens. We need to be very cautious in implementing AI in our daily lives.

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Quote from: cryptoperkele on March 22, 2021, 02:01:34 AM

Uneducated people, people with disabilities and even people without any disabilities need help in the future do max out their profits and to deal with the complex world in overall.

All those you have mentioned about AI does not stop people from achieving anything they want to including wealth and comfortable life. AI is only what is important and not the height of acquired knowledge you have. In Africa in example, AI is key and important. Wealth has not only been measured by knowledge but AI. Most people not acquiring knowledge in school have made it to high class before even they decide to acquire education.

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Maybe we can give the AI the hard task to work so that humans can do an easy task. But we can not deny if AI will work beside us in the future because when the technology is growing fast and the AI invented, the AI can help humans to do many things every day. As long as AI will not control everything, especially control our life, I think that will not be a problem for humans.

The AI will help and contribute to the factory and big company, and maybe they will reduce the employee and replace it with the AI. But that will need time before they can implement or apply the AI to their company.

Topic: OpenAI: Artificial Intelligence will generate wealth to pay each adult $13,500yr (Read 375 times)