this post was submitted on 26 May 2026
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'I'm delighted to ⁠be wrong': Sam Altman says AI won't lead to a 'jobs apocalypse' - but admits he was 'pretty wrong' on the social and economic implications it is having (www.techradar.com)
submitted 3 hours ago by throws_lemy@reddthat.com to c/technology@lemmy.world
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[–] Hapankaali@lemmy.world 2 points 1 hour ago (1 children)

I didn't really look into what this startup did, but it doesn't surprise me. Elon Musk has a very similar kind of story, bullshitting his way to being a billionaire. The system is very heavily stacked in favour of dishonest people.

[–] MangoCats@feddit.it 2 points 37 minutes ago

The system is very heavily stacked in favour of people with a lot of money to start with. Then, those that are "willing to risk it" can reap outrageous returns when their longshots come in. We don't see the losers, but the ones that hit their longshots are what we have "at the top" now.