Jan Kulveit: Capital Ownership Will Drive You Crazy Before It Protects You
zetalyrae · x · 2026-10-31
AI alignment researcher Jan Kulveit argues against the common assumption that owning capital shields you from disempowerment in an AI-transformed world.
- The usual narrative: billionaires will be disempowered last, after jobless masses dependent on UBI.
- Kulveit contends capital owners actually lose power sooner — via a different path: going crazy.
- Mechanism: billionaires face ever more people optimizing against their minds (seeking funding, investment, donations), making sane epistemics and stable values nearly impossible to maintain. Family offices act as filters, but most billionaires still lose this game.
- In a future of a permanent underclass plus geniuses in datacenters, the content of a billionaire's mind maps to an absurdly large share of resources — intensifying the pressure.
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