Hinton has been saying apocalyptic things for years, and we’ve seen no evidence for most of it. At this point, I’m sceptical of anything he says, and I especially am curious about which companies he invested in and has a vested interest in the success of.

All of these doomers are talking about the consequences of true AGI.

On the one hand, we don’t have true AGI, and probably won’t for a while yet.

On the other hand, we are so behind with regulating tech that if we do develop AGI we will certainly be completely unprepared for the consequences despite all these doomers telling everybody exactly what could go wrong. And they will be right.

Fingers crossed it doesn’t happen in our lifetimes.

For a time, until aggregate demand craters and the economy enters a depression.

It’s nice to see that Hinton isn’t playing apolitical.

How? If everyone loses their jobs nobody has any spare income. Therefore nobody buys anything they don’t need and cut back what they do need to the bone. Share price tanks because everyone stopped buying stuff. Capitalism collapses. The whole thing only works when there’s a customer, credit has been filling the income gap for years but if there’s no hope of repayment then nobody will get credit. I just hope it takes the tech giants long that I and the people I care about don’t have to deal with the fallout.