• eatCasserole@lemmy.world
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    1 day ago

    I think it’s the greatest sunk cost fallacy the world has yet seen.

    “We’ve poured trillions of dollars into this, and convinced a bunch of people it’s going to fundamentally transform humanity, so it MUST be a good idea!”

    None of them want to be the first to admit that it was a bad bet.

    • tomiant@piefed.social
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      11 hours ago

      A bad bet? It is earning them billions. Why would they stop?

      Unchecked profit motive is what is going to destroy civilization- it already is. It already did. We are governed by a bizarre set of rules where aggressive competition is supposed to somehow bring about the best outcomes for humanity, which is just an absurd proposition, it’s all a racket, a game that has superseded rule of democracy and law, it is what controls every nation and every decision on the planet- the economy, profit, money.

      It is about to great filter us.

    • TranscendentalEmpire@lemmy.today
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      1 day ago

      Yeah, it just doesn’t make any sense. There hasn’t even been a legitimate scheme to make AI profitable in the long run. The only thing these idiots can dream about is cutting down labour cost at any conceivable level.

      Like okay even if that were possible, we now have infinite cheap production but with no consumer demand?

      • eatCasserole@lemmy.world
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        23 hours ago

        Yeah…the whole thing is incredibly short-sighted, and that’s being charitable.

        The capitalists have such a raging hard-on at the thought of not having to pay workers, they don’t want to listen to anyone who might give them a dose of reality.