Live data from Hacker News

The (real) dead economy theory

pluralistic.net

1–10 of 69 posts

Re: The (real) dead economy theory

#3
> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else.

I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment bet is about.

I get that the blog post is making a separate point about Musk's companies but it's dissapointing to see mistakes like this in Cory's thinking

Re: The (real) dead economy theory

#4
post #3

> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else. I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment…

> calling AI "the world's money-losingest technology" is out of touch

In what way is it out of touch or wrong? It is objectively correct today.

It may very well not be correct 2 years from now, but his statement was about the present, not the future.

Re: The (real) dead economy theory

#5
post #3

> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else. I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment…

AI is currently a massive money sink. Yes or No?

Re: The (real) dead economy theory

#6
post #3

> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else. I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment…

if

Re: The (real) dead economy theory

#7
I just don't get it. How do you go from writing the kinds of future visions he has to staring at the singularity practically hitting you in the face and calling it "the world's money-losingest technology"?

Is it because he isn't actually using the technology for work on a day-to-day basis like a lot of us?

Re: The (real) dead economy theory

#9
post #3

> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else. I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment…

[deleted]

Re: The (real) dead economy theory

#10
post #5
post #3

> That's the logic of the whole market today. AI – the world's money-losingest technology – attracts investment at the expense of everything else. I expect Cory to have skepticism about technology that can be exploited for dystopian purposes, but calling AI "the world's money-losingest technology" is out of touch. If AI can support/replace some intellectual work, it'll be revolutionary, and that's what the investment…

AI is currently a massive money sink. Yes or No?

Obviously no...? The implications far outweigh the "money sink" notion...
Post reply on HN