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An AI sovereign wealth fund isn't progressive – it's techno-imperialism

https://www.ft.com/content/bc178357-793b-45d8-ae3b-d5929159c243
24•Anon84•1h ago

Comments

alephnerd•25m ago
Well yeah, hard power is a major impetus behind sovereign wealth funds - be they ADIA, Temasek, Master Trust, QIA, PIF, CIC, etc.

But this is the world we live in.

If you put your head in the sand, you become the EU - squeezed by trade wars against China and the US with two large scale conventional wars within your near abroad.

velcrovan•20m ago
I can’t read the article. Do they explain how it’s more imperialist than what we have now?

Using capital ownership to distribute the proceeds of an industry whose raw material was the creative output of everyone everywhere … seems like the neatest and most obvious possible solution to AI displacement and provenance. But I can see how it might make a few dozen people less likely to be billionaires.

alephnerd•16m ago
Gift article - https://giftarticle.ft.com/giftarticle/actions/redeem/71bd10...

But basically, the argument is that a government shouldn't accrue and own appreciating assets mixed with AI skepticism.

StableAlkyne•11m ago
AI;DR* they want to build data centers in other countries that are less able to resist their construction. This consumes water and electricity of the host county. The central thesis is that if the less-than-willing exploitation of foreign resources for the enrichment of the more powerful country is imperialism, then this is a form of imperialism.

* The clunky turns of phrase and jarring introduction of analogies reads strongly of Claude to me, at least

js73js8•12m ago
> A isn't X – it's Y
rtkwe•10m ago
It's common in AI writing because it's common in human writing. Juxtaposition is a useful rhetorical flourish.
axus•5m ago
Fashions change; ideas that look AI-generated are out of fashion right now.

I've never really cared about fashion.

add-sub-mul-div•3m ago
If it was used as sparingly, appropriately, and skillfully in AI writing as in human writing then AI writing wouldn't stand out as so mediocre and cringe.
trilogic•7m ago
Can´t read the article, why is this article still here? Is HN doing ads now, pfff?

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