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Will AI usher in an era of explosive economic growth?

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Re: Will AI usher in an era of explosive economic growth?

#21

Post by tapoxi »

bicx wrote: post #20
yeknoda wrote: post #10

Earlier quoted context omitted.

You realize we are mechanical, thinking beings. What else is left for us to do?

We can legally own things. Maybe in the future, our income is derived from farming our AI servers. Just hook them into a broader network and allow people to hire them out for AI tasks. We just focus on building our bot army.

But you're not building that AI server from the chip level, you're buying it.

If most of the money is made from renting servers, the manufacturers will only rent servers. They have nothing to gain by cutting themselves out of the revenue stream and introducing a secondary market.

Re: Will AI usher in an era of explosive economic growth?

#22

Post by [deleted] »

bicx wrote: post #20
yeknoda wrote: post #10

Earlier quoted context omitted.

You realize we are mechanical, thinking beings. What else is left for us to do?

We can legally own things. Maybe in the future, our income is derived from farming our AI servers. Just hook them into a broader network and allow people to hire them out for AI tasks. We just focus on building our bot army.

[deleted]

Re: Will AI usher in an era of explosive economic growth?

#23

Post by inimino »

mountainriver wrote: post #13

Not sure why everyone is saying no, the answer is obviously yes. Having infinitely patient and accurate brains that can spin up in a dime will be the greatest economic boon we have ever seen.

Sure, that would be true. I think people are more interested in talking about the AI we actually have today.

Re: Will AI usher in an era of explosive economic growth?

#24

Post by klyrs »

mountainriver wrote: post #13

Not sure why everyone is saying no, the answer is obviously yes. Having infinitely patient and accurate brains that can spin up in a dime will be the greatest economic boon we have ever seen.

What will it cost to run said brains? But, much more intriguing, what is this source of infinite accuracy?

Re: Will AI usher in an era of explosive economic growth?

#25

Post by tuatoru »

To a first approximation GDP is what households consume (and household consumption is kind of the point of GDP).

How will AI increase aggregate household income explosively? Creating a few more billionaires is just measurement noise, not even visible in the trend line.

Re: Will AI usher in an era of explosive economic growth?

#27

Post by dartos »

mountainriver wrote: post #13

Not sure why everyone is saying no, the answer is obviously yes. Having infinitely patient and accurate brains that can spin up in a dime will be the greatest economic boon we have ever seen.

Okay woah.

Absolutely nothing about our current generation of AI is accurate at all.

67% even 87% on synthetic benchmarks does not intelligence make.

It’s all statistics based, it’s not infinitely accurate, nor do we have any reason to think any AI system would exhibit anything resembling patience. They don’t exist outside of inference time, let alone have a sense of the passage of time.

Re: Will AI usher in an era of explosive economic growth?

#28

Post by satvikpendem »

lolbullshit wrote: post #16
mountainriver wrote: post #13

Not sure why everyone is saying no, the answer is obviously yes. Having infinitely patient and accurate brains that can spin up in a dime will be the greatest economic boon we have ever seen.

so take me for example.. A single father. how will AI make Me more money?

GDP growth doesn't necessarily mean any one person will be better off. But regardless, if you, say, build something with the help of AI that you couldn't do before, it could make you money, depending on how much you sell.

Re: Will AI usher in an era of explosive economic growth?

#29

Post by madnness76 »

I can honestly say using copilot and chatgpt semi regularly as an aid has helped increase my productivity by a nonzero amount. If this is the case for a large portion of people who work with computers regularly then I think it could very well have an upward trend on economic growth maybe just not super explosive. Yet what percentage of increase in productivity would be the threshold for "explosive" growth? 50%, 10%, or even 1%? With things like copilot for office or having a chatgpt button built into your laptop making the use of AI so easy and seamless, many computer users may simultaneously experience a boost in productivity. It may just be less noticeable than one would expect.
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