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PaperclipPerfector  7d ago (text post)   27911 thread views

Culture War Roundup for the week of December 16, 2024

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Yes: And all other stocks in the world, roughly proportionate to their market values—preferably through broadly diversified, cost-efficient vehicles.

preferably through broadly diversified, cost-efficient vehicles.

I don't know. To quote OpenAI, "it may be difficult to know what role money will play in a post-AGI world." While almost all stockholder distributions are currently paid in cash, in-kind distributions are not unknown, and could potentially become the primary benefit of holding AI-exposed companies. If Microsoft gives stockholders access to the OFFICIAL OPENAI EXPERIENCE MACHINE, you might not get access simply from holding SPY, QQQ, or VTI. Hell, you might want to direct-register your shares to prevent any beneficial ownership shenanegans.

I don't see why the potential of such a shareholder benefit wouldn't be priced in. I doubt I'm the first to think of this ("but I arrived at it independently" pete_campbell.png); however, it would be funny if Chat-GPT's advice were to invest in MSFT, NVDA, TSMC, telecom, robotics, weapons, etc.

I fail to see many AGI scenarios that don’t lead to 90 percent of humanity being taken to a ditch and shot.

When cars were invented, 90% of horses weren't taken to the glue factories and shot, were they? They just kinda stopped breeding and withered down to entertainment, gambling, and hobbiests, while the rest died off on their own. ... right?

Seems like humanity is already horsing themselves to death without AGI.

Maybe, but humans have a pretty easy time of doing that without AGI (re: Khmer Rouge).

Owning stock in the company that builds AGI is one of the best ways to increase your probability of being in the 10%!

Fun fact: This is isomorphic to Roko's Basilisk.

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