I think it looks like the labs front running everyone’s work, freeloading on the last bits of human intelligence to ensure their owners a place as our masters.
What will our economic future look like?
21–30 of 377 posts
Re: What will our economic future look like?
#22> [we don’t know]
I haven’t forgot capitalist euphoria from 2023 about cutting worker power off at the root. That’s all these AI Cretins want. Well, that and an unnerving enthusiasm for personifying their AI Golems (Anthr. in particular here).
Sorry to poo poo a post about AI company prompting their underlings to prompt out visualizations.
Re: What will our economic future look like?
#23Definitely a bit of positive framing. My big take aways, either stagnant wages or significant paycuts for knowledge workers and overall decreases in employment rates on all scenarios. Worst of all...
That's only forecasting out to 2030.
Re: What will our economic future look like?
#24Prices will fall to their raw material costs?
Raw material cost of labor is subsistence. Adam Smith pointed this out.
Re: What will our economic future look like?
#25Feels like we're going to read a blog soon enough that mirrors Wendell Berry's opening to The Unsettling of America:
The commission said, according to an article in the Louisville Courier-Journal, that the country’s biggest farm problem was a surplus of farmers: “. . . the technological advances in agriculture have so greatly reduced the need for manpower that too many people are trying to live on a national farm income wholly inadequate for them.” The proposed solutions were to find “better opportunities for the farm people,” “a more comprehensive national employment policy,” “retraining programs,” “improved general educational facilities,” etc. Both the commission and the writer of the article had obviously taken for granted that the lives and communities of small farmers then still on the farm—and those of the 25 million who had left the farm since 1940—were of less value than “technological advances in agriculture.” There seemed also to be no official doubt that adequate solutions were to be found in government supplied “opportunities,” facilities, and programs. Reading that article, I realized that my values were not only out of fashion, but under powerful attack. I saw that I was a member of a threatened minority. That is what set me off.
Re: What will our economic future look like?
#26It's been 4 years. Nothing meaningful.
Has your job not be completely changed? Have you not noticed a worse job market?
Re: What will our economic future look like?
#27>We study how AI is reshaping the economy because we’re committed to ensuring that this transition is beneficial for society, including workers.
Is it just me, or does their choice of identifying "workers" specifically seem a little peculiar? For me, it reads like "We're committed to making segregation beneficial for everyone, including minorities!"
Re: What will our economic future look like?
#28I like how the least optimistic scenario is simply LLMs not making a difference, instead of the very real possibility of them damaging education, destroying people’s attention spans and their ability to learn, eroding trust within societies, increasing the wealth inequality and leading to class wars.
I believe the net effect of LLMs is, at this point, firmly negative, and it’s going to take years until they start making up for the mess they’ve created.
Re: What will our economic future look like?
#29One guy will die with "all the things" and the rest of us will just die.
Re: What will our economic future look like?
#30I just wonder when we will see 8ft tall humanoid robots walking through the streets.