What will our economic future look like?

Post by zahlman » Thu, Sep 10, 2026, 5:44 PM UTC

pembrook wrote: post #291

zahlman wrote: post #198

Earlier quoted context omitted.

> Hey Anthropic: before we worry about raising GDP growth to 20%, maybe we focus on making blog posts that don't crash your browser window if you try to resize it? Have you tried disabling JavaScript? The simulations won't work of course, and there are some random large blank spaces; but the main content is completely readable and handles resizing without issue[0] even on my mid-range office PC from 2014. [0]: Just l…

"We're confident our technology will 10X GDP growth, we just need you to disable javascript first. That one we couldn't figure out."

Post by adam_arthur » Thu, Sep 10, 2026, 6:55 PM UTC

bradishungry wrote: post #437

adam_arthur wrote: post #274

It seems obvious that labor displacement due to AI will create labor surpluses in existing fields. Which will feel quite bad for many of us in the present, but net-net be good for society in the long run. Wages will go down, but cost of goods and services will decline even more. Markets will be more competitive than ever, which limits the moat/margin capability of many businesses. It's only really particularly bad fo…

What is obvious about that? What jobs are being created long term that can be filled by those displaced? To me it seems like even jobs that are not knowledge jobs are going to utilize ai to cut hiring, not grow it

Post by bmitc » Thu, Sep 10, 2026, 7:39 PM UTC

dismalaf wrote: post #462

bmitc wrote: post #452

Earlier quoted context omitted.

Getting rid of the rich by taxing them and getting rid of legal and financial loopholes that allows them to operate outside of the system with absolutely no contributions back does not make everyone poor. In fact, it's the complete opposite. Reducing wealth inequality is not the same thing as making everyone poor. And you know that.

Lots of counterpoints. Peronist Argentina, France under Hollande, Canada from 2015-today, etc... I live in Canada. Under the current government, business investment cratered, 40% of our 1% earners left and our GDP per capita relative to the US dropped by 40%. Keep in mind that LLMs were basically invented in Canada and we've captured next to none of the economic activity. Elon Musk, Ilya Sutskever, Andrej Karpathy an…