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The bridge to wealth is being pulled up with AI

danielhomola.com

121–130 of 435 posts

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

#121
post #24

Earlier quoted context omitted.

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…

What are ai and robots other than excess labor, waiting to be allocated? Why does the wealth have to come from the meat bags?

Who is going to buy the stuff that the AI and robots produce, then? What will the point be of producing all this stuff?

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

#122
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…

> Even worse, your labor will not be needed, nor will your intellectual abilities.

People keep saying this, but AI is making intellectual abilities more important, not less. If the computer was a bicycle for the mind, AI is like a supersonic fighter jet. You will still need plenty of ability to steer it properly for the foreseeable future.

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

#123
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.

I am going to say this for all the people thinking like this : lol

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

#124
post #17

Earlier quoted context omitted.

The piece gets into that in extensive detail that you should totally go read, but the long and short of it is that even those without capital and moats still have the power of writing law, and we need to exercise that early and often to redistribute capital before its concentration leads to legislative capture. In other words, the obligations of those without Capital is to write laws that demand the benefits of Capit…

Counterpoint: Lobbies, fund-raising and SuperPACs. Those without capital lack the influence that those with capital possess with lawmakers.

Double Insulation was dire in the early 20th century as well. It works great for self-serving elite politics until, to stretch the analogy, the voltage gets high enough. Then it breaks down.

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

#125
At work, there is little reason to ask a human a question, you just talk to AI for answers fast. Only time to talk to another human, is if you are barking down orders. This will be analogous to not hiring a human for anything an AI could do, unless you need someone to assume liability.

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

#126
post #98

Earlier quoted context omitted.

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

Given that rich people often push Georgism, it looks like a trojan horse. Only rich people will be able to afford land. 3. Push back against AI, do not accept it as inevitable. Treat it like cigarettes or leaded fuel.

> 3. Push back against AI, do not accept it as inevitable. Treat it like cigarettes or leaded fuel.

"Thou shalt not make a machine in the likeness of the mind of man"?

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

#127

Earlier quoted context omitted.

The idealized future in my option has something like 1/1000th of the current population It’s thermodynamically impossible for 8-10Billon animals that have no satiation reflex and limited coordination capacity to live on a resource limited rock Absolute Best case future is what I wrote in 2025 which is basically humans living in care facilities managed by machines: https://kemendo.com/We%20All%20Slept%20Well.pdf

That is a strange ideal, and I am an environmental nutso myself.

You have a better long term plan for humanity?

Whats the next 20000 years look like in your mind?

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

#128
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.

Hmmm ... there is definitely historical precedence for the article's assertions.

There is also precedence for what happens when such a big wealth imbalance is present (spoiler: it's a revolution).

This article is methodical in its points.

Your retort reads like an easily dismissed hot take.

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

#129
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 idealized future in my option has something like 1/1000th of the current population It’s thermodynamically impossible for 8-10Billon animals that have no satiation reflex and limited coordination capacity to live on a resource limited rock Absolute Best case future is what I wrote in 2025 which is basically humans living in care facilities managed by machines: https://kemendo.com/We%20All%20Slept%20Well.pdf

Hey, I saw that movie! The little robots were cute.

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

#130
The author's conclusion is fucking astonishing. Don't respond with bitterness - focus on your hobbies, friendships and love. Exactly how are people meant to do any of that exactly when, as you've just laid out, they are not going to have any ability to keep a roof over their head?

> And critically: part of what made the present possible was that some of those hundred billion people pushed, slowly and painfully and often without reward, against the legal structures that governed their time.

Rather than mincing words how about we state plainly how most of those pushes were made: through violence, death, and war.

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