u/IIlustriousTea

https://www.thenews.com.pk/latest/1401185-jensen-huang-ai-doom-ceos-have-god-complex

Nvidia CEO says AI job-loss predictions are 'ridiculous' and risk creating real worker shortages

I pretty much share the same opinion, though it’s interesting to find out what those “new jobs” would look like in the near future

>"I no longer believe in universal basic income as much as I once did," Altman told The Atlantic CEO Nicholas Thompson during an interview for his "The Most Interesting Thing in AI" series.

>Altman said that while a fixed cash payment may sound nice, it won't meet what society will truly need as AI adoption rises, sparking a potential upheaval in the labor market.

>"I think just like a fixed cash payment, although useful and maybe a good idea in some ways, does not get at what we're really going to need for this next phase and the kind of collective alignment of shared upside as the balance between labor and capital shifts," Altman said.

>As interest in UBI exploded in 2019, Altman helped raise $60 million, including $14 million of his own money, to fund the largest-of-its-kind experiment giving low-income participants $1,000 a month for three years.

>Researchers ultimately found that while overall spending increased among those who received the cash payments, there was no "direct evidence of improved access to healthcare or improvements to physical and mental health."

>Altman has focused more about twists to the traditional UBI of direct cash payments. The OpenAI CEO has repeatedly suggested the possibility of giving people a portion of AI compute, which could then be used, sold, or traded.

>"I'm much more interested in ways where we think about kind of collective ownership that could be in compute or in equities or something else," he said.

Of course, there’s an important distinction between acting on violent ideas and simply having a passing or abstract thought about them, I think it becomes a problem when the police are repeatedly called over situations that involve only fleeting thoughts with no real threat or danger.

But Sam is already getting blamed for it, as always..

Anyways, what are your thoughts?

Here's a rough summary of Elon Musk’s 1 hour and 40 minute long testimony today:

• Argues the case has huge implications: "It is not ok to steal a charity. If the defendants are found not guilty, this case will become caselaw. It’ll give license to looting every charity in America. The consequences of this case go far beyond me or everyone here. The entire foundation of charitable giving in America will be destroyed."

• Says OpenAI was founded as a nonprofit, open-source counterweight to Google, focused on AI safety.

• Claims the shift to a for-profit structure violated that mission.

• Says his AI concerns date back to conversations with Larry Page, who he felt wasn’t taking AI risk seriously.

• Elon says he tried to warn Obama about AI, but that Obama felt AI was not good enough (back then) to seem scary smart. "Here we are in 2026, AI is very smart."

• Believes AI could surpass human intelligence as soon as next year and poses existential risk in the hands of the wrong people: “If you have someone who’s not very trustworthy in charge of AI, that’s very dangerous for the whole world.”

• Elon framed his companies (SpaceX, Neuralink, xAI) as part of a broader mission to protect humanity’s future.

• Emphasized OpenAI’s original goal: AI for the good of humanity, not profit-driven control.

• Elon's main argument is that OpenAI abandoned its founding principles, and that precedent could reshape both AI governance and charitable trust.

• Larry Page refused to speak to Elon Musk again after Elon recruited Ilya Sutskever to join OpenAI. Elon viewed Ilya as the “number one” most valuable member at Google.

• Elon thought in the early days, OpenAI's corporate structure would be a nonprofit funded initially with donations, but there could potentially be a parallel for-profit that is owned by the nonprofit and funds the nonprofit: “We (Sam Altman and Elon) were in agreement that OpenAI would be a 501c3 charity.

• Elon was not opposed to there being a small for-profit that provided funding to the nonprofit, as long as "the tail didn’t wag the dog."

• Elon: “there are very few people who understand venture capital in Silicon Valley like I do."