Silicon Valley's new ideological faction, called Effective Accelerationism or e/acc, is focused on the pursuit of AI development with no guardrails to slow its growth.
In these people’s mind it’s always somebody else who is supposed to employ people and pay them salaries.
It’s roughly a Tragedy Of The Commons situation: each such individual wants to take without giving, and it is indeed sustainable if only a few do it, but as others see them gaining from doing that, they too want to do it - eventually in aggregate there will be too much extraction for what little production there is to keep up and the whole thing collapses.
This has already been going on with Globalization - notice how in the last 2 decades or so for the average person in wealthy nations it feels that money doesn’t go as far and the abundance of shinny toys still fails to make up for a feeling of constant pressure and uncertainty, and how what we are told is the inflation adjusted amount equivalent to a 1960s blue collar worker salary that paid for a house, car and a family of 5 back then, in the present day barelly covers housing.
IMHO, there are already too many with too much power (and, remember, Money is Power) whose relation to Society is purelly extractive, and the political direction in most Western nations, especially the US, is for things to keep on getting worse so it seems we’re bound for dystopia.
In these people’s mind it’s always somebody else who is supposed to employ people and pay them salaries.
It’s roughly a Tragedy Of The Commons situation: each such individual wants to take without giving, and it is indeed sustainable if only a few do it, but as others see them gaining from doing that, they too want to do it - eventually in aggregate there will be too much extraction for what little production there is to keep up and the whole thing collapses.
This has already been going on with Globalization - notice how in the last 2 decades or so for the average person in wealthy nations it feels that money doesn’t go as far and the abundance of shinny toys still fails to make up for a feeling of constant pressure and uncertainty, and how what we are told is the inflation adjusted amount equivalent to a 1960s blue collar worker salary that paid for a house, car and a family of 5 back then, in the present day barelly covers housing.
IMHO, there are already too many with too much power (and, remember, Money is Power) whose relation to Society is purelly extractive, and the political direction in most Western nations, especially the US, is for things to keep on getting worse so it seems we’re bound for dystopia.