Nvidia CEO Jensen Huang predicts that AI will compete with human intelligence in the next five years, amidst a significant business boom for Nvidia and its AI advancements.
Nvidia CEO Foresees AI Competing with Human Intelligence in Five Years::Nvidia CEO Jensen Huang predicts that AI will compete with human intelligence in the next five years, amidst a significant business boom for Nvidia and its AI advancements.
Gee I wonder why the bloke with a very vested interest in seeing AI take off would make claims that AI will be super duper good you guys in the near future.
Look around the world. In poor countries, productivity is low. There are not many machines. People do a lot of manual labor. Rich countries have lots of automation.
If you want to live in a country with less automation, moving is an option. Migrating from a rich to a poor country is much easier than vice versa. But if that looks unappealing, then taxing automation should also be unappealing.
Working less isn’t horrible. The OECD estimates that an average employee in the USA works 1811 hours per year. In Germany, it is only 1341, You can always volunteer in a non-profit if you feel you don’t have enough to do. There’s nothing to be afraid of. I don’t even know why or on what Americans work so much. It feels like they spend half the office day on social media, complaining that they can’t afford things.
Automation wont stop because of taxes… There needs to be money, for the people that loses jobs to automation. The products wont get cheaper with more automation.
I wouldn’t want to move to a third world country like america, where the low taxes that are paid by the little guy, are used to help the big guy. I’m fine living in a country, where my relatively high taxes can make the country even better.
Imagine you want to produce something. Maybe you want to bake a couple 10,000 breads over the next few years. Whatever. You could hire 50 guys and buy some simple tools, or you could hire 5 guys and buy some advanced machinery. What do you do?
The typical business will pick the cheaper option. It will replace as much labor with machines as is cost-effective. A few businesses will make a thing out of being inefficient and expensive, like how Rolls-Royce cars are handmade.
If you tax automation, you make the machines more expensive. So, when someone has the choice between using machines or using labor, then it will be labor more often. So, you’re right: It won’t stop automation. You will just have less of it. Productivity will be lower. The country will be always be poorer than without such a tax.
People in such a country will either have to work more hours for the extra labor needed or do with less.
With taxation, the smaller companies can keep up, because the large companies, that have automated everything, and just one maintenance guy working there, have to pay a lot, not to have any employees.
Yes, so you need more labor to get the same amount of product. Isn’t that what I wrote?
I agree that use of machines can give you economies of scale, which makes large businesses more competitive. So a tax on automation could indirectly benefit smaller businesses at the cost of society. I am not quite sure why a society would want that, though?
Although you are correct in your assertions about AI you forget how stupid people are. He may turn out to be right but not for the reasons he thinks he is.
That’s what I was thinking. I foresee him retiring on fat stacks of cash in 5 years, that he made by pumping up the stock price with claims he won’t have to worry about fulfilling
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The only thing Jensen sees is him milking the market.
Good, can we have one that’s 100 times smarter and just runs the government benevolently? I’m really sick of civic responsibility
Gee I wonder why the bloke with a very vested interest in seeing AI take off would make claims that AI will be super duper good you guys in the near future.
In Jensen’s wet dreams
This article resembles this one beat for beat from a month earlier: https://www.cnbc.com/2023/11/29/nvidia-ceo-ai-will-be-fairly-competitive-with-humans-in-5-years.html
AI doesn’t have to compete. It just has to do what computers do best: repetitive tasks.
Is that because AI is getting smarter, or because humans are getting dumber?
I have been saying, that automation should be taxed for years now, and people hate it. The poem “First they came …” comes to mind.
Look around the world. In poor countries, productivity is low. There are not many machines. People do a lot of manual labor. Rich countries have lots of automation.
If you want to live in a country with less automation, moving is an option. Migrating from a rich to a poor country is much easier than vice versa. But if that looks unappealing, then taxing automation should also be unappealing.
Working less isn’t horrible. The OECD estimates that an average employee in the USA works 1811 hours per year. In Germany, it is only 1341, You can always volunteer in a non-profit if you feel you don’t have enough to do. There’s nothing to be afraid of. I don’t even know why or on what Americans work so much. It feels like they spend half the office day on social media, complaining that they can’t afford things.
Automation wont stop because of taxes… There needs to be money, for the people that loses jobs to automation. The products wont get cheaper with more automation.
I wouldn’t want to move to a third world country like america, where the low taxes that are paid by the little guy, are used to help the big guy. I’m fine living in a country, where my relatively high taxes can make the country even better.
Imagine you want to produce something. Maybe you want to bake a couple 10,000 breads over the next few years. Whatever. You could hire 50 guys and buy some simple tools, or you could hire 5 guys and buy some advanced machinery. What do you do?
The typical business will pick the cheaper option. It will replace as much labor with machines as is cost-effective. A few businesses will make a thing out of being inefficient and expensive, like how Rolls-Royce cars are handmade.
If you tax automation, you make the machines more expensive. So, when someone has the choice between using machines or using labor, then it will be labor more often. So, you’re right: It won’t stop automation. You will just have less of it. Productivity will be lower. The country will be always be poorer than without such a tax.
People in such a country will either have to work more hours for the extra labor needed or do with less.
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Yes, so you need more labor to get the same amount of product. Isn’t that what I wrote?
I agree that use of machines can give you economies of scale, which makes large businesses more competitive. So a tax on automation could indirectly benefit smaller businesses at the cost of society. I am not quite sure why a society would want that, though?
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“AI” is just a complex language model. It understands absolutely nothing. He is dead wrong and there is plenty of proof out there to prove him wrong.
Although you are correct in your assertions about AI you forget how stupid people are. He may turn out to be right but not for the reasons he thinks he is.
He is the manufacturer of the hardware LLMs are trained on, he’ll say anything that will increase sales.
That’s what I was thinking. I foresee him retiring on fat stacks of cash in 5 years, that he made by pumping up the stock price with claims he won’t have to worry about fulfilling
“Don’t be a prospector, be the person selling goods to prospectors.”
~ paraphrase of an idea we’ve all likely heard
Not gonna happen, what everyone is calling “AI” isn’t even actually AI, its just a type of predictive text
Did you pay attention to human “intelligence” lately? I think we are already there.
A lot of work is already just generating boring text and images
Not to mention the fact that a lot of people don’t function on a deeper level than that in they daily lives
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