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The bridge to wealth is being pulled up with AI

danielhomola.com

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

#151

Post by pjerem »

TGower wrote: post #62
0x4e wrote: post #20

This is when I ask sincerely: how does AI truly benefit the average Joe? Sure it can help you do things “faster” and it can give you “private/cheaper” advice. But, AI feels increasingly like a thing that will make the powerful a lot more powerful with their data centres and automation shenanigans. All the hype feels like it’s being injected into everyone’s brain like a virus. Oh look at this shiny new tool! But, how…

> 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.

I genuinely don't want to be snarky but does the average joe needs a planet that is breathable and isn't burning or does he need even "more goods and services to go around".

Robotic helpers to do what ? More free time ?

We, as a society, can already have more free time, we just have to choose to work less. We already have it all : enough food and housing for everybody, 80+ years of life expectancy ... What will we achieve with robotic helpers or whatever new goods and services ?

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

#152

Post by philipkglass »

AndrewKemendo wrote: post #150
GolfPopper wrote: post #129

Earlier quoted context omitted.

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

Which?! I’d love to see a version of my short story of someone already did it

I think that the parent means Wall-E: https://en.wikipedia.org/wiki/WALL-E#Plot

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

#153

Post by keiferski »

lukev wrote: post #141
poorman wrote: post #110

Earlier quoted context omitted.

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.

That's right -- the best way to succeed within a system is to hustle as hard as you can, and definitely don't stop to question the system itself.

Not sure if you're being sarcastic or not, but I think this is actually good advice. It's great to be a free-thinker and question things, but I do think there is some (monetary) value in just not asking too many questions, but optimizing to be the best at whatever you're doing.

Edit: to give an example, I probably would have done better in school had I spent less time questioning the education system and more time just accepting it and trying to get good grades.

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

#154

Post by Nevermark »

cglan wrote: 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…

There isn’t an alternative to allocating resources with money because money is a just measure of value.

Things will get valued, relative to each other. Because different things are harder to make, or needed more. And it’s a whole lot better to measure that and make decisions informed than to not measure properly, or ignore those measurements, and watch resources get misdirected in a way that shrinks the economy.

You can radically change the economy. But it’s going to either use money in the open or some much less efficient warped backroom version of money.

You can’t avoid having to pay for valuable things with valuable things. Money is just a ledger. But you can always add inefficiencies to transactions, or mismanage money, and make any problem worse.

My point is, there is probably something to what you are thinking but you are misframing it in a way it won’t work, unnecessarily. Consider what you really think should happen and what might be a better way to frame it.

Most likely, that means focusing less on money, and more on how resources cycle to create more resources, as apposed to less. And matching that to a problem where you can find reciprocal improvements if it is solved. Some waste is avoided. Some fraud or unchecked damage is eliminated. Some mutual arrangements are magnified, etc. There has to be a resource return cycle of some kind.

(Replacing every mention of “money” with “resources” tends to clarify what can work or not quickly.)

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

#155

Post by hluska »

danesparza wrote: post #128
poorman wrote: post #110

Earlier quoted context omitted.

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.

And your retort (and this report) are doom and gloom. Humans are remarkably good at adapting and have adapted through far worse conditions than economic systems. The negative net is easy and very popular today but positivity is just as possible. It’s all about how you read data and there’s a lot of room for interpretation. If you’ve fallen for the doom that’s on you but calling something with so much historical precedence as hope for humanity ‘an easily dismissed hot take’ doesn’t make you look very bright.

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

#156

Post by Faaak »

poorman wrote: post #110
cglan wrote: 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.

You can use AI because you know its good for you, but still think it won't make all people better off

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

#157

Post by mrguyorama »

rib3ye wrote: post #143
cglan wrote: 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 saw a gh for a $100 stringer missile last week. I often wonder if I will miss the stable tyranny of American capitalism if we descend back into warring nation states defended by cheap autonomous munitions.

That thing was a toy, not even remotely viable or even a meaningful step towards viability.

It was discussed here.

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

#158

Post by kjkjadksj »

pastel8739 wrote: post #121
sdenton4 wrote: post #40

Earlier quoted context omitted.

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?

You act like I produce the dollars I spend. No, the government does, who debases our currency to print more.

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

#159

Post by jorblumesea »

rib3ye wrote: post #143
cglan wrote: 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 saw a gh for a $100 stringer missile last week. I often wonder if I will miss the stable tyranny of American capitalism if we descend back into warring nation states defended by cheap autonomous munitions.

they will get poor people to die fighting each other, as it works today.

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

#160

Post by paganel »

jen20 wrote: post #72
paganel wrote: post #48

Earlier quoted context omitted.

> The data centers will be guarded by automatons and drones. Which is why Iran bombing a few Western-run data-centers located in the Emirates was cheered by many of the normal people actually living in the West. I’m pretty sure that if somehow Iran were to take out OpenAI’s servers for good that images with the Ayatollah will unironically start to spring up in the same West.

Do you have any sources for "normal" people (i.e. not the terminally online) being happy that datacenters were bombed?

> i.e. not the terminally online)

We're not in 2018 anymore, everyone is terminally online now, you must have missed the shift. I've seen mini-bus drivers watching social media videos (Tik-Tok, that is) while driving from all the way to Germany to here in Romania (from where I'm from), I noticed that because I was one of the passengers. Almost all of the remaining passengers (not middle-class, you can well imagine that) were on their phones for the majority of the trip (30-ish hours or so), that is when they were not sleeping.

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