Live data from Hacker News

The bridge to wealth is being pulled up with AI

danielhomola.com

101–110 of 435 posts

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

#101
post #50

Earlier quoted context omitted.

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 aw…

Pretty big assumption of empathy there

I've also never bought into the belief that "if we just had full control over everything, everything would be perfect". If AI didn't exist, society was headed this way anyways in a few decades because of this notion.

Centralize power, which centralizes perspective of what "good" counts as, and quotient out the accidental humans. A tale as old as time, but with AI it seems like this could be a reality within even the next decade.

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

#102

No way to approach this other than gross simplification, but we have seen generally that as technology improves, standard of living goes up. Autonomous machines breaking that trend, maybe, the only argument I find persuasive is that it makes the centralisation of power easier.

> , standard of living goes up

For some of humanity, perhaps. For the rest of the planet being destroyed, warmed up, bleached, demolished, turned into data centers, all this technology is destructive.

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

#103
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…

[deleted]

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

#104
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…

Seems like if we want to avoid dystopia, our options are: 1. Full-blown socialism 2. Georgism Georgism may have been right all along!

Full-blown socialism is pretty dystopian.

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

#106
post #62

Earlier quoted context omitted.

> How does AI truly benefit the average joe? Automated production of goods and services means more goods and services to go around. From cheaper prices on all of the things people already buy to unlocking new classes of products like actually useful robotic helpers. Increased pace of development and reduced cost will make many niche products economically viable, essentially the maker movement on steroids.

Cheaper prices don't matter at all when no one has any income due to all of the jobs being automated

This is true. It's by no means garunteed that we will get to a point where effectively all the jobs are being automated. If we eventually get there, it seems likely the path will be gradual and prosperous enough that we can handle the transition in a way that provides for everyone. The dangers of the alternative route are real, but hopefully obvious enough that we can collectively avoid them.

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

#107
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…

In Marc-Uwe Kling's Quality Land novel [1], the absence of purchasing power resulting from AIs having taken over, is mitigated by shopping robots buying random useless stuff.

[1] https://www.amazon.com/Qualityland-Marc-Uwe-Kling/dp/1538732...

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

#108
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 parallel economy could even kinda sorta work except that we made frontier living largely illegal in many places (though I understand you probably could get some cheap land in e.g. Idaho and try to live off it) and the existence of said parallel society represents a clear challenge to capital owners who say trading your labour for their profit is the most sensible way to live.

There is not enough space for 8 billion humans to do "frontier living."

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

#110
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…

I am going to say this for all the people thinking like this. This attitude will get you nowhere in life. It historically never has and in the future it never will.
Post reply on HN