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leonidasrup 3 hours ago

As much as it costs Woz nothing to be AI sceptic, Erich Schmidt has to loose much if AI investments don't deliver.

https://www.cnbc.com/2025/01/21/eric-schmidts-family-office-...

ericd 2 hours ago | parent | next [-]

Only correcting this because I’ve seen three people make the mistake now - it’s Eric, not Erich.

sda2 2 hours ago | parent [-]

more like Erlich ;)

kolinko 2 hours ago | parent | prev [-]

Which, one might argue, shows he believes it.

He's putting money where his mouth is.

al_borland 2 hours ago | parent | next [-]

Up until the reality of the technology doesn’t align to the expectations and promises. That’s when true belief shifts to hype and lies in an effort to salvage the investment. I think that’s where we’re at now.

naravara 2 hours ago | parent [-]

For people like Schmidt I think the hype is a true belief. You can see it in his posture and tone while being booed by the entire crowd. I’ve only seen that kind of self-satisfied smugness from evangelical religious nuts right before they tell someone they clearly regard with disgust that they’ll “pray for them.”

Their view of what AI promises is some kind of secular eschatological fantasy that’s only partly rooted in anything the technology or methods do.

ryandrake an hour ago | parent | next [-]

Yea, it's the smug grins from these guys that I can't stand. It's not enough that they won and they know they won, but they have to rub everyone else's noses in it, too.

gnerd00 an hour ago | parent | prev [-]

agree but it is military thinking that makes him smug like that

2 hours ago | parent | prev | next [-]
[deleted]
foltik 2 hours ago | parent | prev | next [-]

More like his mouth goes wherever the money is.

Obvious to the grads he’s yet another “visionary” corporate hack waxing to them about how they’d better not miss the AI rocket ship.

GuinansEyebrows 10 minutes ago | parent | prev [-]

i don't think you appreciate the degree of cynicism required to become a billionaire.