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"AI IS A MASSIVE SCAM!"

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"AI IS A MASSIVE SCAM!"

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57 segments

0:00

I think generative AI is at its heart a

0:02

con. And seeing these ultra-rich,

0:04

ultra-powerful people laugh at you like

0:06

that turns my stomach. The word con is a

0:09

strong word.

0:10

>> Well, what do you call something where

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from the very beginning they've sold it

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in the terms of magic, but it's just a

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half-arsery machine.

0:16

>> They are misleading the entire world.

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>> You are the first person that I've

0:19

spoken to that has that opinion.

0:20

>> Well, the fact that this is happening is

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insane and the fact it's not a scandal

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is insane. And I've been in the tech

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industry for 16 years now and I love

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technology and I'm enthusiastic about

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it.

0:30

>> But I don't like being misled. And this

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is the largest non-consensual push of

0:35

technology in history.

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>> So, we're going to play a game, Ed. I

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have the things that you consider to be

0:39

myths about the AI industry.

0:42

>> Let's play it.

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>> The AI industry is creating enormous

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economic growth.

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>> No, it's not. All of these companies run

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at a horrifying loss. Open AI lost $20.9

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billion last year. None of these people

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can just say, "Yeah, we're on the path

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to making this profitable." Because they

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can't.

0:55

>> Next one.

0:56

>> AI will replace all human jobs. That

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just isn't happening. There's no

1:00

economic data to support it.

1:01

>> Next, the United States need to spend

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trillions to beat China in the AI race.

1:05

>> What's the race to do for us to

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constantly piss our pants worrying about

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China? But people keep saying, "What if

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these models fall into the wrong hands?"

1:11

They're already in the wrong hands. Mark

1:13

Zuckerberg, Sam Altman, Dario Amodei.

1:16

>> Mark Zuckerberg who says, "We'll

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continue to invest aggressively in

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infrastructure to meet the demand."

1:20

>> God matters a monstrosity. Makes me

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think of Shrek with Lord Farquaad. Some

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of you may die, but that's a risk I'm

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willing to accept.

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>> If only these people gave a about

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poverty or actual problems in the world

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versus, "Are we buying enough GPUs?"

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>> If this continues, [music] what does the

1:35

future look like?

Interactive Summary

The speaker argues that generative AI is a deceptive industry characterized by financial losses, misleading narratives about job replacement, and reckless pursuit of power by tech leaders, framing it as the largest non-consensual technology push in history.

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