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Moore's Law for Everything

moores.samaltman.com

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Re: Moore's Law for Everything

#21

Post by aqme28 »

thatfrenchguy wrote: post #15

> AI will lower the cost of goods and services, because labor is the driving cost at many levels of the supply chain. If robots can build a house on land you already own from natural resources mined and refined onsite, using solar power, the cost of building that house is close to the cost to rent the robots. And if those robots are made by other robots, the cost to rent them will be much less than it was when humans…

Construction is a very small part of housing costs. Outside of rural areas, much of the cost is speculative or supply/demand.

Re: Moore's Law for Everything

#22

Post by fnord77 »

ralph84 wrote: post #7

> This revolution will generate enough wealth for everyone to have what they need We had enough wealth for everyone to have what we need a long time ago. No matter how much we have humans always want more. AI won't change that.

the wealth-hoarders are interfering with this...

Re: Moore's Law for Everything

#23

Post by wmf »

ravi-delia wrote: post #9
ralph84 wrote: post #7

> This revolution will generate enough wealth for everyone to have what they need We had enough wealth for everyone to have what we need a long time ago. No matter how much we have humans always want more. AI won't change that.

I've spent what is likely way too much mental energy wondering about this, and I'm no closer to an answer. Is there any limit to lifestyle inflation? Is it possible to have growth that simply outpaces what a human could possibly consume? Intuitively it seems obvious that there should be something like that, but in the 1800s our growth today would seem like it should be enough.

I think it's a good sign that per-capita energy consumption is decreasing in the US; there are limits to consumption.

Re: Moore's Law for Everything

#24

Post by iMuzz »

Great read.

> “We could do something called the American Equity Fund. The American Equity Fund would be capitalized by taxing companies above a certain valuation 2.5% of their market value each year, payable in shares transferred to the fund..”

I could be in favor of something like this.

However, I’d be curious to hear Sam’s thoughts on what kind of vehicle do we use to ensure that this equity actually reaches end-users?

I can make a very strong historical case that the government is not the right vehicle for this to work. You could also just look at the most recent $1.9T stimulus bill — where only a fraction of it went out as checks to Americans in need.

Re: Moore's Law for Everything

#25

Post by bawolff »

> In the next five years, computer programs that can think will read legal documents and give medical advice. In the next decade, they will do assembly-line work

Wait, medical advice is easier than assembly line work??

Re: Moore's Law for Everything

#26

Post by tvanantwerp »

Imagine: 1) I'm the owner of a single family home 2) My income drops to roughly zero because of AI 3) My property values go through the roof 4) I now owe 2.5% of these sky-rocketing property values every year, to be paid from my non-existent income

Doesn't this scenario lead to me either selling my "gifted" shares to pay property taxes, or ending up a renter at best and homeless at worst? I can imagine this proposal leading to greater concentrations of wealth rather than spreading it around.

Re: Moore's Law for Everything

#27

Post by hyko »

If robots can build a house on land you already own from natural resources mined and refined onsite

...

If you think that’s cool, you’ll love my upcoming seminar: “How To Live Mortgage Free Using A House and Land You Already Paid Cash For!”

Re: Moore's Law for Everything

#28

Post by joe_the_user »

ravi-delia wrote: post #9
ralph84 wrote: post #7

> This revolution will generate enough wealth for everyone to have what they need We had enough wealth for everyone to have what we need a long time ago. No matter how much we have humans always want more. AI won't change that.

I've spent what is likely way too much mental energy wondering about this, and I'm no closer to an answer. Is there any limit to lifestyle inflation? Is it possible to have growth that simply outpaces what a human could possibly consume? Intuitively it seems obvious that there should be something like that, but in the 1800s our growth today would seem like it should be enough.

The question isn't lifestyle in the abstract. Everything that people buy today is specifically intended to impel more buying. Whether that's cars, houses or sugary foods. The situation is incredibly different than simple "everyone gets what they need" society.

Take a look at just about any book on consumerism

Re: Moore's Law for Everything

#29

Post by mattnewton »

ralph84 wrote: post #7

> This revolution will generate enough wealth for everyone to have what they need We had enough wealth for everyone to have what we need a long time ago. No matter how much we have humans always want more. AI won't change that.

What ai wil change though is the ability of large categories of labour to win what they need on an open marketplace. I think this initiative is trying to anticipate that.
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