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Kevin Street
Patrick Boyle
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Comments by "Kevin Street" (@Kevin_Street) on "What Happened at OpenAI?" video.
It seems like the source of all our trouble is that phrase "Especially when constrained by the legal system..." The legal system (in just about every country) is notorious for being slow and easily captured by corporations. Companies can easily bribe politicians and regulators, or influence appointments to insure that government agencies are filled with bureaucrats who are friends of the corporation. At it's worst legislative capture can resemble a sort of carousel, with executives leaving corporations to take jobs at government regulatory agencies, then returning to the corporations before eventually going back to the government... and so on. Then there's the very serious problem of corporations doing things so advanced there's simply no law on the books that can regulate them. I'd say OpenAI falls in this category, since what they're doing is so revolutionary nobody (and certainly not any politicians), can understand the full implications of it yet. Given these problems I can understand where the impulse toward stakeholder capitalism comes from. It isn't a solution, as you said, since these complicated ownership structures often just make the people running the company less accountable to anyone. But I can understand why people are looking for a solution outside of the political arena.
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@devilex121 I think the problem is there's two related phenomena going on. One is the AI bubble, an investment trend where any company that claims to be developing AI is ridiculously overvalued by the market. Like all past bubbles this one will eventually pop and leave most of the people involved poorer than they were before. I think this is what Patrick is interested in. Then there's actual AI technology, a real thing that has probably been fast-forwarded by a decade or more thanks to the resources poured into it through the bubble. No one really knows what AI might become or how it might change our lives. At this point I think it could be a good thing if the bubble popped and AI development slowed down a bit as a result.
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