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IS AI JUST A SCAM?

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IS AI JUST A SCAM?

Transcript

37 segments

0:00

Every single media outlet has been

0:01

screaming about this for 3 years.

0:04

They've been saying this will take your

0:05

job. You must use this. If you don't use

0:07

this, you're going to be falling behind.

0:08

>> Generative AI is at its heart a con.

0:11

>> The word con is a strong word. What do

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you call something where from the very

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beginning they've sold it in the terms

0:16

of magic as this thing that will replace

0:19

all jobs, that will cure cancer, as all

0:21

of these things. And when you look at

0:22

it, it's boring cloud software that's

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extremely expensive and unprofitable,

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and also unreliable at its core. I don't

0:28

think it is sold as honest software. I

0:31

think that they overstate both what it

0:33

can do, what it will do, and the

0:36

underlying financials to the point that

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they are misleading the entire world,

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and they're actively exploiting the

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weaknesses in journalism, in our

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economies, and indeed within the

0:45

responsible parties with sell-side

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analysts, governments, and all over the

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shop. This is the largest non-consensual

0:50

push of technology in history. ChatGPT,

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for example, every single media outlet

0:54

has been screaming about this for 3

0:56

years. They've been saying this will

0:58

take your job. You must use this. If you

1:00

don't use this, you're going to be

1:01

falling behind. It's a directionless

1:04

egregore of capitalism in the hopes that

1:06

if it harasses people and scares people

1:08

and demonizes labor enough, people will

1:10

be forced to use it.

Interactive Summary

The video presents a critical perspective on generative AI, arguing that the technology is being misleadingly promoted as a revolutionary tool. The speaker contends that AI is often an expensive, unreliable, and unprofitable form of software marketed through fear-mongering and the threat of job displacement to exploit economies and labor.

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