531–540 of 755 posts
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This reason makes sense, but that's insanely powerful (and valuable) if it ends up working out. It basically democratizes programming.
how is programming "democratized"?
On October 17th, 1979, VisiCalc was released. I'm sure pretty much every accountant in the world got up and went to work that day exactly like they'd been doing all of their career. It probably didn't feel different for that many of them. Most of them had probably never used a computer then, and a lot of them probably didn't feel any particular need to, at least until they tried it. There were probably more than a fe…
A young man in his 20's starting his career will never know understand how things worked without the tech. A man in his 30's see's an opportunity to boost his career, and an older man in his 50's see's a long fought career's worth of expertise being thrown away.
It's 20s, not 20's. It's sees, not see's.
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How do those distinct lifestyles" match with rising inequality and people having a hard time buying a house or paying rent?
Inequality is a red herring. Poverty is down. Have you looked for housing in Columbus, Ohio?
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>puts it in a similar tier as crypto Comparisons between AI and crypto are horribly misguided IMO. Is AI overhyped? Sure. However - AI/ML is creating utility everywhere in our lives - speech to text, language translation, recommendation engines, relevancy ranking in search, computer vision, etc. and seems to be getting embedded in more and more processes by the day. Crypto never amounted to anything beyond a currency…
Everywhere?? That’s exactly the hype talk that’s going to burst this bubble. Here’s tech’s dirty little secret. Despite all the screams about automation and universal basic income… the exact numbers where job replacement would show are in the labor productivity numbers. If GDP stays flat or grows while the number of jobs is reduced… bingo… you’d see that number climb. Productivity has actually stayed flat or gone dow…
I lack the economics knowledge to do more than parrot the response I've heard to this, so take this with the appropriate level of "hmmm":
As I understand it, the counter-claim is that the measure of GDP mostly excludes exactly the set of things that grows absurdly fast.
For example, the measure of inflation may include the cost of a smartphone in the standard basket of goods, but not the fact the GPU of a smartphone (or Apple TV) of today, operating in double precision mode, can do more than the Numerical Wind Tunnel supercomputer in 1993 costing 100 million dollars.
Or that everyone has a free encyclopaedia a hundred times the size of the Encyclopædia Britannica.
And maps which for most users are as good as Ordnance Survey, but free and worldwide, when the actual OS prices for just the UK is… currently discounted to £2,818.17, from £4,025.97.
Or that getting you genome sequenced now costs a grand rather than 3 billion. Although that might not yet even be in the basket, I don't know where the actual baskets of goods get listed in most cases, and search results aren't helping — one result, on a government website, lists "health", but even digging into the spreadsheet didn't illuminate much detail there.
Have you used mid journey or stable diffusion? It’s a huge change for what is required to make whatever images you can think of
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This is a perfect example of an AI-hype comment. You’re treating it as a fact that LLM are going to replace existing products, at some unknown future date. “In 5 years, all code will be written by AI” “In 5 years, LLM will replace Siri and Alexa” “In 5 years, AI will replace [sector of jobs]” The thing that frustrates me about these statements is that you don’t know what AI technology is going to look like in 5 years…
GPT-4 writes 100% of my code now. Staring at a monitor, hunched over, tapping on a keyboard? Stone ages. That’s not 5 years from now. That’s today.
I can't trust GPT, and neither can you. But if it really can do all your coding for you, what stops your employer from replacing you with a secretary from a temp agency?
It's so stupid for engineers to say that ChatGPT codes for them. They are shooting themselves in the face. They are devaluing the entire profession. Why? My reaction to all those breathless online demos was to point out the difference between what they were showing and what an engineer really does. Your reaction is to act like being a prompt jockey is the new way of engineering. How does that give you pride in yourself?
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Everywhere?? That’s exactly the hype talk that’s going to burst this bubble. Here’s tech’s dirty little secret. Despite all the screams about automation and universal basic income… the exact numbers where job replacement would show are in the labor productivity numbers. If GDP stays flat or grows while the number of jobs is reduced… bingo… you’d see that number climb. Productivity has actually stayed flat or gone dow…
GDP is not productivity. If I manage to produce/sell a hundred gizmos for $1 each, displacing my competition who were producing/selling 50 gizmos for a price of $5 each, I just halvened gdp produced even though both me and people using the gizmo are more productive than before.
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Btc is a genuine intranational and international currency in the developing world. It is more trustworthy than many sovereign currencies. The fx applications of btc alone are enough to grant it legitimacy and fx is a the biggest of all the markets. In a de-dollarizing world btc is a genuine factor. The stable coins are an issue but stable coins aren't a necessity for btc transactions, they're a utility for traders. B…
> In a de-dollarizing world btc is a genuine factor. In practice, dedollarisarion has been about shifting to other major national currencies, like the yuan. Bitcoin doesn’t really feature. https://en.wikipedia.org/wiki/Dedollarisation
If btc replaces 1% of fx it's doing $50B/day of transactions. Market cap of btc is only about $600M, so 100x btc is not crazy.
Is a p2p transaction system with an auditable record attractive to 1% of fx transaction parties? Seems reasonable, especially when corrupt states are a counterparty.
AI though, struck a nerve because people intuit a killer app. Or more precisely, AI could potentially be applied in many different places. The last time we had something that felt like this was probably the web browser — at least for me, it is.
I think it is because we are now really close to what the non-technical mainstream public thinks computing should be — “do what I mean, not what I say”.