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naraburns  nihil supernum  1yr ago (text post)   3581 thread views

Small-Scale Question Sunday for December 4, 2022

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Any thoughts on what stock one ought to buy right now, as someone whose gradual getting spooked by AI advances has finally passed a critical threshold, in order to be in a good position in the specific subspace of possible futures where most humans have become economically worthless but the current system of contracts and titles remains intact?

Specifically, the "the vast majority of the economy is one or a handful of AI conglomerates, plus whatever industry is required to keep them running; whoever has a share may be less screwed" scenario. I can just about think of Google (for DeepMind) and Microsoft (who seem to be OpenAI's closest openly traded partner), and maybe Nvidia if one expects their GPUs to continue being unrivaled as hardware platforms.

I agree, but having lots of capital will still give one room to maneuver as the walls close in. E.g. moving to the Bahamas before your country of residence starts seriously taxing wealth.

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