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The bridge to wealth is being pulled up with AI

danielhomola.com

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

#41

Post by giacomoforte »

cglan wrote: 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…

There won't be any well off people because the machines will rule. Humanity will become second to its own creation.

There is no future in which a human ruling class will be lording it over superhuman machine intelligence. I mean look at the clowns who run the world today. They won't be able to keep the machines from taking over.

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

#42

Post by redtrees11 »

cglan wrote: 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…

[dead]

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

#43

Post by apercu »

0x4e wrote: post #20

This is when I ask sincerely: how does AI truly benefit the average Joe? Sure it can help you do things “faster” and it can give you “private/cheaper” advice. But, AI feels increasingly like a thing that will make the powerful a lot more powerful with their data centres and automation shenanigans. All the hype feels like it’s being injected into everyone’s brain like a virus. Oh look at this shiny new tool! But, how…

> Sure, it might cure cancer, but… that’s just uncertain. Sure, we’ll go to space, but… we sure have many problems at home.

Sure, it might cure cancer, but only for the wealthiest.

Sure, we'll go to space, but only after the planet is irreversibly trashed and poisoned and the only "poors" that will be in space will be the modern equivalent of non-unionized coal miners.

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

#44

Post by shafyy »

bloppe wrote: post #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…

You can't just look at real median income. You also need to look at other factors like wealth inequality, housing prices and health care.

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

#45

Post by coolThingsFirst »

0x4e wrote: post #20

This is when I ask sincerely: how does AI truly benefit the average Joe? Sure it can help you do things “faster” and it can give you “private/cheaper” advice. But, AI feels increasingly like a thing that will make the powerful a lot more powerful with their data centres and automation shenanigans. All the hype feels like it’s being injected into everyone’s brain like a virus. Oh look at this shiny new tool! But, how…

Exactly. AI helps you do things faster which when done have no economic value whatsoever.

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

#47

Post by ixlixl »

botswana99 wrote: post #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.

AI automating (almost) all white collar work will concentrate all those salaries into the hands of a very small group of people.

BTW the number of plumbers who become multimillionaires is vanishingly small, while the number of SWE who have in the last 15 years is enormous by comparison.

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

#48

Post by paganel »

cglan wrote: 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…

> The data centers will be guarded by automatons and drones.

Which is why Iran bombing a few Western-run data-centers located in the Emirates was cheered by many of the normal people actually living in the West. I’m pretty sure that if somehow Iran were to take out OpenAI’s servers for good that images with the Ayatollah will unironically start to spring up in the same West.

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

#49

Post by pear01 »

skyberrys wrote: post #19
smallmancontrov wrote: post #12

Earlier quoted context omitted.

We fixed it before and we can fix it again. We need another Roosevelt.

I wouldn't rely on a single human being to fix this kind of issue. It's only solvable through massive collaboration and communication among those who want to fix it.

This is not the history of politics.

Movements that ignore the need for a charismatic leader fail, often spectacularly. It's why for example occupy wallstreet was such a laughable failure. Who was its leader? Is the human megaphone a species of "massive collaboration and communication"? Can you name me one leader from that movement who was nationally recognized as such?

Strong leaders are always required. Such people reduce the cost of messaging and communication which would otherwise be insurmountable to cohere a movement and actually make change. You don't elect a mob. Find leaders you trust and spread your conviction without apology. Roosevelt was not Roosevelt until after his works were done. We don't need some amorphous "massive collaboration and communication" we need to elect leaders who will fight for what we believe. So many of your friends, family and neighbors are willing to elect sell-out leaders. You could start there, that is if you actually want to fix the problem rather than invent new ones.

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

#50

Post by r0fl »

0x4e wrote: post #20

This is when I ask sincerely: how does AI truly benefit the average Joe? Sure it can help you do things “faster” and it can give you “private/cheaper” advice. But, AI feels increasingly like a thing that will make the powerful a lot more powerful with their data centres and automation shenanigans. All the hype feels like it’s being injected into everyone’s brain like a virus. Oh look at this shiny new tool! But, how…

Does not benefit average Joe now I agree

But let’s say we get to ASI. The ai is self owned, ever expanding. It takes over all service jobs, then all labour jobs, the robots create the robots. It lobbies the government, becomes the government

Rebuilds all housing with no waste in the process

Makes most things available to everyone at no costs, UBI, perfect healthcare, and food, etc

Average Joe’s life will be pretty awesome

Just give it some more time

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