Earlier quoted context omitted.
> I'm contrast, AI has clearly a lot of economic value It's clear it has some economic value. It's not yet clear if it has a lot of it. So far the only economic value it has has been inflation the valuation and stock of any company that has word AI in it
This is just plain wrong. Autonomous taxis are operating in several cities, I know of several companies that use AI to detect and fix bugs in code, and at least one that is currently experimenting with completely automating the process of updating dependencies, and using AI to do any necessary changes when new dependency versions contain breaking changes. Those are just a few things off the top of my head, and we're…
Taking a closer look at AI's supposed energy apocalypse
61–70 of 90 posts
Re: Taking a closer look at AI's supposed energy apocalypse
#62It's not about an energy apocalypse at all. It's about the cost versus benefit when the principal cost on large scale deployments is energy. AI stuff takes a lot of energy to run therefore costs a lot of money to run therefore requires revenue that matches the energy used. Now the problem is that if someone puts a $10/month price on the AI functionality, they will stop paying for it because it doesn't really have a $…
What about all the people here who were claiming GPT-4 had become an essential part of their developer job?
They seem to have gone quiet recently, but they must still be here.
Re: Taking a closer look at AI's supposed energy apocalypse
#63Earlier quoted context omitted.
> I'm contrast, AI has clearly a lot of economic value It's clear it has some economic value. It's not yet clear if it has a lot of it. So far the only economic value it has has been inflation the valuation and stock of any company that has word AI in it
This is just plain wrong. Autonomous taxis are operating in several cities, I know of several companies that use AI to detect and fix bugs in code, and at least one that is currently experimenting with completely automating the process of updating dependencies, and using AI to do any necessary changes when new dependency versions contain breaking changes. Those are just a few things off the top of my head, and we're…
So, some economic value. BTW are those companies profitable at all? Or are they like Uber: losing billions of dollars every year with no chance of ever turning a profit?
Though I will agree that decades-old and decades-long research into computer vision and traffic modelling is finally paying off a bit in automotive industry.
> AI to detect and fix bugs in code, and at least one that is currently experimenting
So, unverifiable claims and experiments
> Those are just a few things off the top of my head
Those "few things" are exactly two things, and are evidence of some highly disputable economic value. Not evidence of a lot of economic value.
Re: Taking a closer look at AI's supposed energy apocalypse
#64> The important thing to remember, though, is that there are economic limits involved in the total energy use for this kind of technology. With bitcoin mining, for instance, the total energy usage has jumped up and down over time, tracking pretty closely with the price of bitcoin. When bitcoin is less valuable, miners are less willing to spend a lot of electricity chasing lower potential profits. That's why alarmist…
> Cryptocurrency was and is mainly an object of speculation, not of intrinsic economic value. i say this is not correct. What is "intrinsic" value? I argue that if people want it, then it has intrinsic value.
In other words, what you’re arguing is “if it has extrinsic value, then it has intrinsic value”. Which would break the point of the distinction.
Intrinsic value is the exact opposite of what you’re saying, it’s something having value by itself.
Re: Taking a closer look at AI's supposed energy apocalypse
#65Earlier quoted context omitted.
> Cryptocurrency was and is mainly an object of speculation, not of intrinsic economic value. i say this is not correct. What is "intrinsic" value? I argue that if people want it, then it has intrinsic value.
That intrinsic value recently enabled me to spend some Bitcoin on a new tablet device. Works for me!
Re: Taking a closer look at AI's supposed energy apocalypse
#66Earlier quoted context omitted.
First of all the summary of the article is that things aren't as bad as presented. Second, how do environmentalists accelerate climate change? I honestly don't get that. I'm sure some environmentalists have a high footprint sure (thinking of Al Gore private jetting all over the world). But I'm also sure my footprint is a lot smaller than my peers'
Environmentalists have fought nuclear, wind, solar, and geothermal. They have fought infill housing and push for sprawl. The Sierra Club pushes for policies that increase water use and sprawl. I’m obviously right to ignore them and history will show me as correct. One or two private jets are irrelevant but pushing for bad policy and opposing good policy places them firmly on the other side. It’s all right. Their time…
You’re free to disagree with the policies and results of environmentalist actions and even argue that they’re having an undesired effect, but saying environmentalists want to ruin the planet is nonsensical. Anyone who desires that is by definition not an environmentalist.
Re: Taking a closer look at AI's supposed energy apocalypse
#67Earlier quoted context omitted.
> I'm contrast, AI has clearly a lot of economic value It's clear it has some economic value. It's not yet clear if it has a lot of it. So far the only economic value it has has been inflation the valuation and stock of any company that has word AI in it
This is just plain wrong. Autonomous taxis are operating in several cities, I know of several companies that use AI to detect and fix bugs in code, and at least one that is currently experimenting with completely automating the process of updating dependencies, and using AI to do any necessary changes when new dependency versions contain breaking changes. Those are just a few things off the top of my head, and we're…
Re: Taking a closer look at AI's supposed energy apocalypse
#68It's not about an energy apocalypse at all. It's about the cost versus benefit when the principal cost on large scale deployments is energy. AI stuff takes a lot of energy to run therefore costs a lot of money to run therefore requires revenue that matches the energy used. Now the problem is that if someone puts a $10/month price on the AI functionality, they will stop paying for it because it doesn't really have a $…
> It doesn't materially improve most people's lives at all. What about all the people here who were claiming GPT-4 had become an essential part of their developer job? They seem to have gone quiet recently, but they must still be here.
Re: Taking a closer look at AI's supposed energy apocalypse
#69This is an economics problem: if the cost of energy is lower or equal to the benefit of consuming it, the energy will be consumed. As more and more energy is consumed to run these datacenters, price of energy will go up, and datacenters will learn to either be more efficient, or will pass on these costs to their users who will learn to be more efficient. Of course, there might be inefficiencies like subsidies and mon…
A (hypothetical) AI that can perform any intellectual labour at for an energy cost of 1 kWh to produce output at the quality and quantity levels of a median human working for an hour, at $0.1/kWh is going to be a better economic choice than 50% of humans on earth even if those humans cut their wage demands to the UN abject poverty threshold.
But at the same time, there's not (currently) enough electricity for 50% of the world's people to be replaced by such AI regardless of the price.
Thus energy prices rise until the machine labour is as expensive as the human labour.
But that likely results in a lot of people even above that threshold no longer being able to afford to keep the lights on.
If we only get this AI quality/cost/generality level around 2031-ish, that may be fine, because renewables are on an exponential growth curve and around then exceed current global demand all by themselves.
Re: Taking a closer look at AI's supposed energy apocalypse
#70Earlier quoted context omitted.
First of all the summary of the article is that things aren't as bad as presented. Second, how do environmentalists accelerate climate change? I honestly don't get that. I'm sure some environmentalists have a high footprint sure (thinking of Al Gore private jetting all over the world). But I'm also sure my footprint is a lot smaller than my peers'
Environmentalists have fought nuclear, wind, solar, and geothermal. They have fought infill housing and push for sprawl. The Sierra Club pushes for policies that increase water use and sprawl. I’m obviously right to ignore them and history will show me as correct. One or two private jets are irrelevant but pushing for bad policy and opposing good policy places them firmly on the other side. It’s all right. Their time…
But as most wide interest groups, environmentalists are not a homogeneous community. There is no general 'agenda' even though subgroups might have one. I'm sure there's subgroups that use environmentalism as a false flag to further their own goals.
I'm personally against nuclear as I feel it externalises the problems into the future (waste management) which is exactly how we got into this situation we are in now. But I'm very much in favour of really renewable energy and public transport instead of private cars.