None the less, “capital” and “AI” are extremely different in scope and I see no particular reason to think that if “let’s do X with capital” turns out to be a bad idea then we can rely on “let’s do X with AI” also being a bad idea.
In a hypothetical future where the benefits of AI are so enormous that the rest of the economy can be ignored, perhaps the two kinda coalesce (though I’m not sure it’s entirely clear), but that hypothetical future is also one so different from the past that past failures of “let’s do X with capital” aren’t necessarily a good indication of similar future failure.
None the less, “capital” and “AI” are extremely different in scope and I see no particular reason to think that if “let’s do X with capital” turns out to be a bad idea then we can rely on “let’s do X with AI” also being a bad idea.
In a hypothetical future where the benefits of AI are so enormous that the rest of the economy can be ignored, perhaps the two kinda coalesce (though I’m not sure it’s entirely clear), but that hypothetical future is also one so different from the past that past failures of “let’s do X with capital” aren’t necessarily a good indication of similar future failure.