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The bridge to wealth is being pulled up with AI

danielhomola.com

21–30 of 435 posts

Re: The bridge to wealth is being pulled up with AI

#23
As if this isn't intentional or an added benefit. AI is the wet dream of the capital class, no need to negotiate with greedy workers asking for rights and benefits. There will be a chasm between the wealthy and everyone else. the future is looking more and more like feudalism.

Re: The bridge to wealth is being pulled up with AI

#24
post #16

The future (if we keep using money to allocate resources) is something akin to feudalism but worse. If you are born at the bottom you will never rise to the top. It's bleak. Even worse, your labor will not be needed, nor will your intellectual abilities. There will be a few well off people with capital. The data centers will be guarded by automatons and drones. Everyone else will essentially live in a parallel econom…

If the vast majority live at a "borderline biblical" standard of living, then there is simply not enough excess wealth to pay for the data centers (or more accurately, the industrial output necessary to build and maintain those data centers) you're talking about. Agrarian societies (i.e. borderline biblical), by definition, do not have the excess labor necessary for industrial output at any scale (here I mean anything more than a few % of contemporary levels).

Re: The bridge to wealth is being pulled up with AI

#26
post #2

I resubmitted this because somebody flagged the original submission for unclear reasons and it had quite a lot of upvotes in a short time. Perhaps some people are offended by this argument, but it's definitely worthy of a discussion instead of censorship.

The essay, if taken seriously, has a logical conclusion that I'm sure a decent number on this website find uncomfortable, but perhaps more importantly, which at least some people who might have disproportionate power to make such decisions prefer not be discussed too heavily. This is a microcosm of the larger phenomenon

Re: The bridge to wealth is being pulled up with AI

#27
post #24
post #16

The future (if we keep using money to allocate resources) is something akin to feudalism but worse. If you are born at the bottom you will never rise to the top. It's bleak. Even worse, your labor will not be needed, nor will your intellectual abilities. There will be a few well off people with capital. The data centers will be guarded by automatons and drones. Everyone else will essentially live in a parallel econom…

If the vast majority live at a "borderline biblical" standard of living, then there is simply not enough excess wealth to pay for the data centers (or more accurately, the industrial output necessary to build and maintain those data centers) you're talking about. Agrarian societies (i.e. borderline biblical), by definition, do not have the excess labor necessary for industrial output at any scale (here I mean anythin…

Robots will eventually be better than people at manual labor. I don't claim to know when that crossover will happen.

Re: The bridge to wealth is being pulled up with AI

#29
The dude has obviously never met a multimillionaire owner of an auto body shop, a house demolition business, or a plumber. Did they do well in high school calc class? No. Are they richer than the author? Yes

Blowing up the cognitive hierarchy is a gift that AI gives us. Let's move into an age where hard work and character matter more than your SAT score at 17.

Re: The bridge to wealth is being pulled up with AI

#30
Until I see median real income start to actually go down, I just don't buy it.

AI is currently a commodity. Maybe one of the labs will be able to differentiate sufficiently to be able to charge the kinds of premiums they need just to pay back their investors. Maybe, instead, we'll see something akin to the FOSS revolution, where large, high-quality, open training sets are developed to make sure there's always a fair alternative to the big players. Then who actually benefits from AI? Mainly users, not companies.

In many ways, the bar to having a competitive advantage is actually lowering. I reckon in the future, simply avoiding a crippling social media addiction that sucks up 4-8 hours of every day will be enough to get rich.

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