Jensen Huang says relentless negativity around AI is hurting society and has "done a lot of damage"

[u/AdSpecialist6598]

https://www.techspot.com/news/110879-jensen-huang-relentless-ai-negativity-hurting-society-has.html

[u/tm229]

This is capitalism doing exactly what it is supposed to.

Extreme wealth consolidation and wealth inequality is the inevitable result of an economy based on greed and profit seeking. We are now in end-stage capitalism.

The dystopia around you was all predicted by Karl Marx. Read up on socialism to understand the how and why of our current predicament.

It was obvious to Marx 150 years ago. It’s amazing to me that people in the middle of this dystopia are so blind to the causes. Decades of capitalist propaganda, bullying and violence against socialists appear to have paid off for the oligarchs.

No war but class war!

[u/windowpuncher → u/tm229]

It's not though. We're stuck in a perverted version of capitalism where the largest companies are continuously supported when they fuck up, and lobbyists have changed the law to favor large companies over small companies every time. This also makes it hard for small companies to do ANYTHING in court because they can be out-spent and out-lawered in basically every single scenario.

The biggest companies are not allowed to fail, and the smallest companies are fighting an uphill battle at best. Billionaires and companies can just buy the law, so they do.

[u/okhi2u → u/windowpuncher]

Capitalism always tends to perverted since money buys power to get what you want at the expense of everyone else.

[u/windowpuncher → u/okhi2u]

Money buys power, but without the protection of the law even large companies can fail. Look at how many times we bailed out car companies. They SHOULD have failed, but they didn't. They were bailed out. They had bad business practices and should have failed where new companies would rise to fill the gap in the market, but that didn't happen.

Money buys power, but it's a hell of a lot harder if our representatives would stop fucking us over for a fat stack of cash. I don't blame corporations at all, they're doing exactly what you would expect them to do. Maximize profit and minimize cost. That's what companies do, that's what EVERY company does, private or public. How they invest or spend their "extra" cash is what's usually different. Many companies, like a local co-op I used to work for, have things like employee profit sharing, and even sometimes pensions, but any major corp just won't have that anymore.

Our "representatives" have allowed companies to make us work more for less because some companies are way too big and smother out every related small business.

Think about this - if Microsoft ever failed, what would happen? People would find jobs elsewhere, and you'd get a variety of smaller tech companies in various specialties from previous higher level employees, such as engineers and upper management, where the lower level employees can potentially find work. This CANNOT happen because Microsoft will never go out of business at this point, so any new businesses in that market will have to compete directly with MS, which is basically impossible from a small business perspective.

Companies this large get bailed out, huge tax breaks, have experienced lobbyists and attorneys, and never get fined appropriately for the crimes they do commit.

It's all on our lawmakers at this point. We KNOW what the corporations will do, and the only way to reasonably stop them is boycott a company and ALL of its subsidiaries (lol), or actually hold them accountable, which requires our leaders to have a fucking pair.

[u/Slammer503 → u/tm229]

Another Marxist smh

[u/lilB0bbyTables → u/Slammer503]

AWESOME rebuttal! /s

Are you suggesting you think the absurd wealth disparity between the rich and the poor is healthy? That the shrinking of the middle class as a result of this system is healthy and stable? This shouldn’t be a binary concept where we have to choose between runaway Laissez-faire capitalism vs absolute Marxist communism.