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Sam Altman's bad week continues, as a car stopped and appears to have fired a gun at the Russian Hill home of OpenAI’s CEO.
It appears that, if measured by deed, Mr. Altman may be in contention for the title of most hated business executive in the country.
Unless I am profoundly misinformed about the base rate of assassination attempts on tech CEOs, it appears AI anxiety has apparently reached a precipitation point among American youth, to the point where discontent is crystalizing into direct action. I've seen this in my personal life. My youngest brother is a bright kid - top of his class, eagle scout, 1400+ on his SATs as a junior, the whole shebang. He's completely given up on his original goal of going to college for something software-related, and he's not only adrift about what he's going to do with his future, but he's angry about it. I hope he has a support network sufficient to keep him on the right track, but I don't like what I see.
I'm not exactly old, but I'm sure as hell not young either. For those of you who are 25 or under, what does it feel like on the ground right now?
As someone in that age range I feel complete contempt for the Luigi worshippers and anti-AI/data center people and can’t relate to their worldview at all. The friends I have in this camp are exactly the people I would expect, namely those who have a dogshit understanding of, well, everything, and have lived pretty coddled lives. I want this trend to stop immediately (I work not in Silicon Valley but at a company that is deeply important to the AI boom) but have no faith that it will. If the violence against AI companies proceeds up the supply chain in a sort of real life Butlerian Jihad I’ll probably be killed sometime in late 2027.
I have close to 0 sympathy for the world view driving this stuff. I myself suffer from at least a few of the grievances that people commonly ascribe to my generation (owning a house seemingly further out of reach every year, politically homeless, dealing with Boomerism in every facet of adult life), yet I don’t see how desiring to kill CEOs and protest data centers and burn down warehouses would solve any of it. It makes sense only if you have a completely cartoonish perspective on life informed entirely by fiction. It’s the mindset of a toddler throwing a tantrum. In fact, I think such things exacerbate almost all of the problems underlying the aforementioned grievances. I think due to fertility collapse the developed world essentially needs transformative AI to remain the developed world. It is the least bad solution by far. That people don’t understand this and actually believe the opposite enrages me. Young so-called progressives are now actually the most conservative (in the sense of opposing Progress) force in society. It’s environmentalists against nuclear all over again.
We have an elite completely devoid of virtue and with an inverted sense of noblesse oblige. Why should people feel any loyalty to an elite which is completely contemptible in their behaviour? The current billionaire class manage to make the corrupt people of Versailles seem virtuous.
The current elite needs to either shape up or get replaced.
What exactly would the noblesse oblige be that the elite could exhibit that would satisfy the the hoi polloi? Massive public works projects? Donating ever increasing shares of their wealth to broken nonprofits that do nothing of value? Art museums? Wives who volunteer in soup kitchens?
In Chicago, Al Capone was popular among the working class because he ran soup kitchens.
An assurance that you won't starve to death in a ditch seems like a pretty good baseline.
The top 1% of income earned pay 40% of income tax which goes to fund Medicare, Medicaid, social security, and EBT. I doubt that Al Capone spent as much of his income on soup kitchens as top 1% income earners spend on those things. Yet this is not enough.
High income != high wealth. High income people are for the most part the upper middle class. They are the loyal retainers of the true ownership class. The truely rich don’t pay much in taxes.
It's intuitively bizarre to say that people who out-earn 99% of people are part of the middle class. Data bears out our intuitions - half of the top 1% of wealth holders are in the top 1% by income, with the rest of the top 1% of income earners being made of the next 9% of wealth holders. You're welcome to define the top 10% of the country as the "upper middle class" but this is pretty nonsensical.
Maybe “upper middle class” isn’t the right term for them, especially at the higher end, but the fact remains that anyone whose wealth is primarily drawn from their own labor is just not in the same category as people who derive their wealth from owning. There are a few exceptions like CEOs who manage established companies rather than founding, but for the most part the people paying the very high income taxes are not the super wealthy. When the super wealthy do pay high income taxes, it’s generally pretty trivial compared with the main bulk of their wealth. If you don’t want to call top earners who can save low double digit millions “upper middle class,” that’s fine, but it is import to distinguish them from billionaires and centimillionares.
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