Why is OpenAI buying up all the components?

2026-01-10 03:25:39

In practice, large-scale purchases of GPUs and memory, buying up the best AI labs, and poaching top researchers are a powerful tool for eliminating competitors, especially small and medium-sized players.

In part, this destruction of competitors is not direct, but through economic and technological strangulation. OpenAI and Microsoft do not have to want to harm others - it is enough for them to maximize their progress, and the market itself will exclude the weak. The goal is that the future of AI is determined by 2-3 corporations, not a community of scientists, startups and public organizations.

The main threat is not from AI as a technology, but from the one who owns it.

How will AI affect the global economy?

2023-07-27 00:08:26

Despite all the fears and misgivings, AI will have a positive effect on the economy. AI will keep economic growth.

The majority of studies emphasise that AI will have a significant economic impact. Forecasts that by 2035, AI could double annual global economic growth rates. AI will drive this growth in three important ways. First, it will lead to a strong increase in labour productivity (by up to 40 %) due to innovative technologies enabling more efficient workforce-related time management. Secondly, AI will create a new virtual workforce – capable of solving problems and self-learning. Third, the economy will also benefit from the diffusion of innovation, which will affect different sectors and create new revenue streams.

AI leading to productivity gains in the near term, based on automation of routine tasks, which is likely to affect capital-intensive sectors such as manufacturing and transport. This will include extended use of technologies such as robots and autonomous vehicles. Productivity will also improve due to businesses complementing and assisting their existing workforce with AI technologies. It will require investing in software, systems and machines based on assisted, autonomous and augmented intelligence; this would not only enable the workforce to perform its tasks better and more efficiently but would also free up time allowing it to focus on more stimulating and higher value-added activities. Automation would partially remove the need for labour input, leading to productivity gains overall.

Notes from the AI frontier: Modeling the impact of AI on the world economy

Economic impacts of artificial intelligence (AI)

Where will capitalism lead?

2024-11-16 07:52:06

To war

Capitalism tends toward monopolization, and monopoly ultimately leads to war. The logic of free competition inevitably brings the market to a state where only the last two competitors remain, practically deciding between themselves who should exclusively own the entire market.

At present, trade wars over market ownership are already underway, for example, between the United States and China.

How to speed up dedollarization?

2023-05-08 07:42:30

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

Is collapse inevitable? Can the Ukrainian crisis deprive the dollar of its reserve currency status?