JohnnyXXXVegas

[JohnnyXXXVegas @JohnnyXXXVegas]

@peeplaja This did not happen. Nice engagement bait.

[Rohan Paul @rohanpaul_ai]

The $10-$15 trillion total addressable market for AI, if it is successful, is actually "terrifying".

- The famous "Dean of Valuation", Professor Aswath Damodaran, of NYU Stern School of Business.

The reason: AI as a tool is a much smaller market; AI as a replacement for human-jobs is where the giant market story comes from.

"The best-case scenario for AI, that $10 to $15 trillion market, will happen if ONLY it replaces people.

If AI is a tool, it’s going to be a much smaller market than if AI replaces people. So, the stories we’re telling about $10, $20 or $25 trillion markets are actually terrifying stories for the rest of the world.

Why? Because if that story comes true, half of all white-collar people are going to lose their jobs. And what are they going to do instead? Who’s going to come up with the income to buy the products and services?

If AI works as well as it’s supposed to and replaces people, how do we deal with that as a society? Because people lose their jobs. Not only do you lose your income, you lose your life’s meaning.."

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Video from "Excess Returns" podcast Youtube channel (link in comment)

[JohnnyXXXVegas @JohnnyXXXVegas]

@tavus Can you explain “why” humans need to talk to bots that look, act, and talk like humans, while know it is in fact not a human? Genuinely curious what the point of all this is.

[JohnnyXXXVegas @JohnnyXXXVegas]

@jbulltard1 Dude are you not spending hours a year booking dinner reservations?!

[JohnnyXXXVegas @JohnnyXXXVegas]

@citrini Hey man my parents are super old, but even they don’t check their personal email for anything other than shipping notifications. For those of you for which this is not the case: get a life.

[JohnnyXXXVegas @JohnnyXXXVegas]

@jbulltard1 It’s not an easy thing to predict, especially right now. But the government shouldn’t have been subsidizing through any student loans to begin with IMO.

[JohnnyXXXVegas @JohnnyXXXVegas]

@JasonYanowitz lol you’re living in your own little bubble if you think even 5% of people will give an AgEnT access to their bank accounts.

[JohnnyXXXVegas @JohnnyXXXVegas]

@HighyieldHarry lol @ the insurance companies on this list. Cancel my car insurance?

[JohnnyXXXVegas @JohnnyXXXVegas]

@mario_cibelli It did for commoditized business. Ask a car dealer how the internet affected their front end margins, or the small local retailers that got put out of business.

[JohnnyXXXVegas @JohnnyXXXVegas]

@joecarlsonshow Or they’ll just make their own agent?

[JohnnyXXXVegas @JohnnyXXXVegas]

@TMFJaguar Most people can barely afford a home right now, odds are pretty high they won’t afford $50-$100,000 for a dish cleaning robot.

[JohnnyXXXVegas @JohnnyXXXVegas]

@sterlingcrispin Just don’t take my job man.

[JohnnyXXXVegas @JohnnyXXXVegas]

@interesting_aIl

[JohnnyXXXVegas @JohnnyXXXVegas]

@DanielSLoeb1 @zerohedge Hey Dan. Hope this helps. You can’t promise widespread human layoffs/job loss and not have a political party of humans try to take advantage of, or ideally, try to prevent said human job loss.

[homans top guy @passcoderonald]

Finally an expert weighs in

[JohnnyXXXVegas @JohnnyXXXVegas]

@TaylorLorenz “WhY aRe PeOpLe oPpOsInG dAtA CeNtErs”

[Directive Creator 🪥 @Escapation]

We Must Pace the Frontier

[JohnnyXXXVegas @JohnnyXXXVegas]

@modestproposal1 15% GDP growth 💀

[JohnnyXXXVegas @JohnnyXXXVegas]

@negligible_cap @citrini Kinda crazy to be so bullish AI yet think there is any long term cash flows for @citrini. Most ironic thing of all the AI doom porn is that the authors seem to find a way to talk themselves into thinking they’ll still have value in the era of “aBuNdAnCe”