• cloudshouter@lemmy.zip
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    11 hours ago

    They think that can buy their way out of the consequences, and they are right. Economic crashes will not functionally hurt those people and they won’t be affected by climate change other then having to buy a different set of houses. Also a couple of them are trying to build Elysium.

    • HertzDentalBar@lemmy.blahaj.zone
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      16 minutes ago

      Currently yes, but when shit hits the fan and they gotta run to their bunkers, money won’t mean jack after a few weeks of their bullshit considering most billionaires are out of touch morons who couldn’t lead shit without throwing money at it.

    • Echo Dot@feddit.uk
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      9 hours ago

      The people working on AI are definitely not going to be millionaires. I’m talking about the so called scientists, who claim to believe they are working on The Manhattan Project 2.0: Armageddon, yet still apparently stay.

      So what’s the story here they go home at the end of the day to their family and say today with a good day I think the world will be destroyed by the end of 2027 but hey ho, at least I’ve got a pay rise, just need to make sure to spend it before next August.

      Give me a break. Anyone who is actually working on a project that they thought was going to destroy the world would stop working on it.

      • FarceOfWill@infosec.pub
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        3 hours ago

        You clearly have no idea how much ai engineers are paid, and even less of an idea how their stock options are priced.

        • Echo Dot@feddit.uk
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          3 hours ago

          What are you talking about. The engineers the ground level folk that a developing this stuff yes they’re paid highly but they’re not millionaires by any stretch in the imagination. Building a system that will crash the entire economic system of the Earth is not beneficial to them.

          • DireTech@sh.itjust.works
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            43 minutes ago

            The main engineers buildings this stuff are millionaires. They’ve been making probably $400k on the low end and we know of salaries over a million on the high end.

            Still not enough to survive an actual world collapse though.

          • BlackSwan@lemmy.blahaj.zone
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            2 hours ago

            At a 2tr$ targeted valuation (yes that number is silly but it’s also the IPO target) 1$mil is only a .05% equity stake and engineers usually get .1-.2%

            • Echo Dot@feddit.uk
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              38 minutes ago

              Only if they divest. Which they can’t really do because it isn’t actually clear that the shares will increase in value long-term in fact dive into shares would put a scare on the market.

              But that’s not really my point, my point is if the AI completely collapses the financial system then by its definition a lot of money isn’t really going to motivate people not as they truly believed money would become worthless.