Ex-CEO of Google telling a crowd of young graduates entering society, "You will work for AI." Then trying to counter the boos with remarks like: "If you get offered a chance to ride on the rocket ship, you don't ask questions you just get on."
This is not only about AI the technology, it's the deserved anger against the privileged and powerful for their utter mismanagement of society. The youth sees through the bullshit. Good on them, there may be hope for humanity after all.
At this point, people in tech are just as hated as bankers and the general public will see them as their enemies, taking away their job, but this time permanently.
Of course he knows there will be a crash in this, so its unsurprising to see this reaction. But the point is, Schmidt does not care either way as he stands to benefit and expects humanity to be paying for the tokens.
He is already prepared for the eventual backlash anyway.
