great man theory of history

Cisco bulls were wrong, but at least they were wrong for time-honored investment reasons (macro, earnings/share, competitive dynamics)

Some of these AI bulls aren’t even wrong. They just think they’re in a sci fi video game. Their actions affect the real world only as long as people believe them.

from https://www.understandingai.org/p/predictions-of-ai-doom-are-too-much

AI Doomers depend on a “Great Man” theory of history, that assumes we’ll all become slaves of One Great AI that emerges, somehow, suddenly out of nowhere. But real history is a jumble of contributions from many people, both competing and cooperating. And like all tools, AI systems need a goal to be useful—a goal that can only be set by humans.