There’s a video clip of Alex Karp currently going viral among tech nerds that shows him talking about the future of AI at an a16z-sponsored conference. In it, he argues that “if Silicon Valley believes we’re going to take everyone’s white-collar jobs … and screw the military … If you don’t think that’s going to lead to the nationalization of our technology—you’re retarded … This is where that path is going.” Much of the commentary so far has focused on his offensive language. But Fortune’s Catherina Gioino thinks we should pay more attention to his alarmingly dystopian point: If AI really does destroy everyone’s jobs, then “the danger for our industry is that you get a famous horseshoe effect, where there is only one thing people agree on, and that’s that this is not paying the bills and our industry should be nationalized,” he said.
Bolivian banknotes were seen scattered at the crash site
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