steve hsu(@hsu_steve):BOTH THINGS CAN BE TRUE AT THE SAME TIME: 1. AI capabilities are real and advancing rapidly 2. It will take longer than singularity or fast-takeoff people think for AI to affect real productivity in the economy, or generate $trillion revenues for AI labs (although capex investment for the future already drives this much money into data center and semiconductor infrastructure). #2 is related to human gatekeeping and outright resistance to technology, as well as the difficulty in understanding the best way to use AI in practical settings. It can take years for existing companies (let alone educational institutions) to adapt to new technology.

2026.08.30 11:44

BOTH THINGS CAN BE TRUE AT THE SAME TIME: 1. AI capabilities are real and advancing rapidly 2. It will take longer than singularity or fast-takeoff people think for AI to affect real productivity in the economy, or generate $trillion revenues for AI labs (although capex investment for the future already drives this much money into data center and semiconductor infrastructure). #2# is related to human gatekeeping and outright resistance to technology, as well as the difficulty in understanding the best way to use AI in practical settings. It can take years for existing companies (let alone educational institutions) to adapt to new technology.

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