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I cannot overstate how important it is to understand that these guys are into AI because they’re in a literal eschatological cult
AI feels like a real mania, a genuine collective break from reality among the ruling class. They might as well be pouring billions of dollars into an attempt to replace all jobs and knowledge with a large bronze idol of Dagon.
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Having been on the outer periphery of the “rationality” branch of that cult for a couple of years many moons ago, that is so frickin true. The singularity is a when thing for them, not an if.