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David Sacks Shares a New Study Which Counters the AI Doomer Narrative “They find that both job growth and wage growth is higher, not lower, in the occupations that are exposed to AI … As you make workers more productive, the value of their labor increases, not decreases, and... show more

Chief Nerd

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DAVID SACKS: “I understand that there is a lot of concern about [AI] job disruption or job loss. That's not what we're seeing in the data so far. What we're actually seeing is job creation … We have a 4% GDP growth number right now, and half of that is attributable to AI.”

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David Friedberg: “Gaming is the future of entertainment, and the future of gaming is AI.” @jason: “Friedberg, what are your thoughts on the gaming industry versus social media versus traditional media?” david friedberg: “One way to answer that question is to think about how people spend their time.” “Do you spend more minutes on social media, or on traditional media, or playing games? And how is that trending?” “But importantly, which of those will accrue more benefit, and as a result, drive more hours spent from AI?” “One way to think about this thesis is that AI is going to ultimately accrue to video game entertainment far more than social media entertainment or traditional content.” “If you believe in AI, and you believe in the improvements in productivity, generally speaking, people in the industrialized world will generally have more free time on their hands and be able to support themselves with the deflationary effects of AI over time.” “So if there's more time on people's hands, the general market for entertainment is growing, and if the general market for entertainment is growing, gaming is the future of entertainment, and the future of gaming is AI.” “Because I think you can create dynamic, more engaging experiences that will benefit from a back and forth sort of relationship than you can with traditional content or with social media.” “If you're a noob in Fortnite, like you're an early player in Fortnite, you're mostly playing against AI, because what they do is they tune the AI to be easier to beat so that you can slowly develop your skills.” “What was happening early was they were seeing a high degree of churn in Fortnite because kids would go on and play for the first time and they'd get paired up with kids that were better than them, and so they would never win, and they would get frustrated and they would quit the game and stop.” “So the churn rate was high. So AI unlocked higher engagement and higher retention, and I think we're seeing that in a lot of different gaming platforms now.” “So AI can be used, for example, to maximally increase time, engagement, satisfaction, happiness.”

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What a scam Mint ❌️ They scammed their team, they scammed their KOLS, and they scammed their community. They intended not to pay the KOLS, who were essential to the growth of this project, because they would simply "sell and aren't interested in what they're building." They ended up paying them 70% of the real value they were owed. Not to mention their poor investors, who promised and assured them in advance that they had closed OKX, Kucoin, and Bybit. @optimismFUND Optimism you shouldn't have these types of actors in the Web3 ecosystem. Name of scammers: @Dannie0x29 ZK and I have much more to show you!

What a scam Mint ❌️ They scammed their team, they scammed their KOLS, and they scammed their community. They intended not to pay the KOLS, who were essential to the growth of this project, because they would simply "sell and aren't interested in what they're building." They ended up paying them 70% of the real value they were owed. Not to mention their poor investors, who promised and assured them in advance that they had closed OKX, Kucoin, and Bybit. @optimismFUND Optimism you shouldn't have these types of actors in the Web3 ecosystem. Name of scammers: @Dannie0x29 ZK and I have much more to show you!

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David Sacks explains why AI doomerism is supplanting climate doomerism on the left: “I think the left needs a central organizing catastrophe to justify their takeover of the economy and to regulate everything, and especially to control the information space. And I think that you're seeing that the allure of the whole climate change doomer narrative has kind of faded. Maybe it's the fact that they predicted 10 years ago that the whole world would be underwater in 10 years, and that hasn't happened.” “At a certain point you get discredited by your own catastrophic predictions. I suspect that's where we'll be with AI doomerism in a few years. But in the meantime, it's a really good narrative to kind of take the place of the climate doomerism.” David Sacks Erik Torenberg

David Sacks explains why AI doomerism is supplanting climate doomerism on the left: “I think the left needs a central organizing catastrophe to justify their takeover of the economy and to regulate everything, and especially to control the information space. And I think that you're seeing that the allure of the whole climate change doomer narrative has kind of faded. Maybe it's the fact that they predicted 10 years ago that the whole world would be underwater in 10 years, and that hasn't happened.” “At a certain point you get discredited by your own catastrophic predictions. I suspect that's where we'll be with AI doomerism in a few years. But in the meantime, it's a really good narrative to kind of take the place of the climate doomerism.” David Sacks Erik Torenberg

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