Prop 13
San Francisco, AI capital of the world, is an economic laggard
21–30 of 51 posts
Re: San Francisco, AI capital of the world, is an economic laggard
#22Earlier quoted context omitted.
What people? What do you mean by "open"? By "open" did those people mean "free as in beer"? What does rugpull mean in this context?
OpenAI was originally founded on the parent's concepts, but obviously that changed at some point. Currently, Elon is suing Altman because Altman turned it for profit. Oddly, in that Elon is taking the moral road?
> Oddly, in that Elon is taking the moral road?
Holding other people to standards he wouldn't hold himself to?
Sounds totally on-brand.
Re: San Francisco, AI capital of the world, is an economic laggard
#23Anybody who has tried to rent an apartment in SF in the past 6 months knows that the city is rebounding fast - avg rents are skyrocketing again and there are lines out the door for 1/2bds. People are locked-in to their covid specials that they outgrew, but can't afford to leave. I watched some friends offer to pay 12 months of rent up-front in cash for a place and still got outbid by another offer. I honestly disagre…
Every sane and persons with a personality/hobby/soul I know who isn’t rotting away at their job, or a career employee at some south bay company they plan to retire from have all left SF for abroad, SoCal, or NYC. My hunch is the people that are competing for housing are mostly new AI sector transplants, who will do the same thing that has ruined the city to begin with. Do nothing to support the local community, spend…
I live in Boston and software is dead here. It’s a biotech city but we used to be a player in software. AI missed us, remote work hollowed it out. I would love some AI dollars flowing here but it’s pretty sad. My hope is some defense tech drone stuff blows up but your problems would be welcome on the east coast!
Re: San Francisco, AI capital of the world, is an economic laggard
#24Earlier quoted context omitted.
Some people said in their manifestos that AI was going to be Open and democratized and would benefit all of humanity. It was 100% a rugpull but charitably not quite 100% predictable.
What people? What do you mean by "open"? By "open" did those people mean "free as in beer"? What does rugpull mean in this context?
I was talking about OpenAI, referencing their original mission statement. Other companies have said similar things.
Rugpull means they "pulled the rug out" from underneath those who believed their mission statement, and decided instead to take over the world and screw everyone else.
Re: San Francisco, AI capital of the world, is an economic laggard
#25Earlier quoted context omitted.
Some people said in their manifestos that AI was going to be Open and democratized and would benefit all of humanity. It was 100% a rugpull but charitably not quite 100% predictable.
What people? What do you mean by "open"? By "open" did those people mean "free as in beer"? What does rugpull mean in this context?
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Re: San Francisco, AI capital of the world, is an economic laggard
#26Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?
> Weird, I thought AI was going to create so much economic surplus that we wouldn’t know what to do with it. What happened?
The surplus is converted in new structure and becomes baseline. Even if a company does not change, their competition does (with AI), and their customers & investors change their values as well. So the structure in which the company exists has changed.
That forces everyone to adapt, but most importantly surplus cannot be captured. Everyone is working harder just to stay in place. AI is like internet, Google search and MS office - everyone has them. They provide no competitive advantage, no moat for using them.
Re: San Francisco, AI capital of the world, is an economic laggard
#27Earlier quoted context omitted.
Every sane and persons with a personality/hobby/soul I know who isn’t rotting away at their job, or a career employee at some south bay company they plan to retire from have all left SF for abroad, SoCal, or NYC. My hunch is the people that are competing for housing are mostly new AI sector transplants, who will do the same thing that has ruined the city to begin with. Do nothing to support the local community, spend…
Interesting that SoCal becomes an option for these people. What’s the draw with that move?
It’s huge, has great weather, hundreds of cities/neighborhoods to choose from, easy flights to anywhere, and tons of jobs.
Oh yeah - dodgers and lakers
Re: San Francisco, AI capital of the world, is an economic laggard
#28Earlier quoted context omitted.
Every sane and persons with a personality/hobby/soul I know who isn’t rotting away at their job, or a career employee at some south bay company they plan to retire from have all left SF for abroad, SoCal, or NYC. My hunch is the people that are competing for housing are mostly new AI sector transplants, who will do the same thing that has ruined the city to begin with. Do nothing to support the local community, spend…
Interesting that SoCal becomes an option for these people. What’s the draw with that move?
SoCal is more cosmopolitan, better weather, more diverse tech landscape, better food, more culture, etc.
Re: San Francisco, AI capital of the world, is an economic laggard
#29How does 91 x >1e9 become 600e9?
Is it like a bundle discount?
"It hosts 91 other AI “unicorns”, private companies worth more than $1bn, collectively valued at a further $600bn."
Re: San Francisco, AI capital of the world, is an economic laggard
#30Earlier quoted context omitted.
Every sane and persons with a personality/hobby/soul I know who isn’t rotting away at their job, or a career employee at some south bay company they plan to retire from have all left SF for abroad, SoCal, or NYC. My hunch is the people that are competing for housing are mostly new AI sector transplants, who will do the same thing that has ruined the city to begin with. Do nothing to support the local community, spend…
Interesting that SoCal becomes an option for these people. What’s the draw with that move?
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