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Create value for others and don’t worry about the returns

geohot.github.io

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Re: Create value for others and don’t worry about the returns

#281

Post by titanomachy »

swores wrote: post #244
mns wrote: post #237

Earlier quoted context omitted.

Did he struck a nerve? All I'm seeing here are attacks on his person rather than discussing his post, which is not even that controversial, just some common sense stuff.

I haven't yet read what the post submitted here is about, and personally I already have the same opinion as the comment you replied to. So I suspect they just wanted to comment about that rather than caring about this specific post, to remind people not to make the mistake of assuming that someone being well known doesn't automatically mean they always know what they're talking about.

In fairness to geohot, who exactly is an expert on what's going to happen to the labour markets as a result of AI? Whose take should I be weighing more heavily than this one?

Or should people just not bother sharing their opinions on this matter? Since it's impossible to predict the future.

Re: Create value for others and don’t worry about the returns

#282

Post by tartoran »

flammafex wrote: post #258
mike_hearn wrote: post #187

Earlier quoted context omitted.

The idea you're suggesting here is 19th century era Marxism, and isn't based on historical or economic realities. There has never been a famine caused by new technologies creating unemployment, and food security is much higher now than at any other time in the past.

https://www.ers.usda.gov/topics/food-nutrition-assistance/fo... "Food security is much higher now than at any other time in the past", huh? 18 million households in the U.S. were food insecure in 2024. And that's from 2024. How much was oil then?

Now with ICE and tarrifs things are going to hit really hard.

Re: Create value for others and don’t worry about the returns

#283

Post by kudokatz »

avaer wrote: post #40

It's easy to create value for others and not worry about returns when you have enough money to not worry. Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do. I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.

> when you have enough money to not worry. Unfortunately for most people ... paycheck to paycheck

This is some truth to this argument, but the frequency with which it's brought out as an excuse to just dismiss any argument one doesn't like is too high in North America.

Simply bashing every argument with, "but some people are in a bad situation" doesn't really further discussion all that much.

Re: Create value for others and don’t worry about the returns

#284

Post by tartoran »

fragmede wrote: post #234
Obscurity4340 wrote: post #216

Earlier quoted context omitted.

Well what is then? Respectfully, please have an alternative or otherwise how is this not astroturfing

Astroturfing? If I don't have an alternative, I'm secretly being paid by "them" to tear down UBI? Who would "them" even be? How would that even work? Anyway, subsidized jobs programs is my answer. Pay people to do jobs. Plant trees! There's so many places that could use some reforesting. There's no shortage of work to do.

I think the whole premise for UBI is that there won’t be any jobs left, jobs to make a living at least.

Re: Create value for others and don’t worry about the returns

#285

Post by edgyquant »

jack_pp wrote: post #271
thendrill wrote: post #229

Earlier quoted context omitted.

So you think that engineers that maintain and write the FOSS that runs most of the world IT infrastructure ( Linux, Curl, GIT etc. ) do it for the returns ?

No, that's exactly parent's point. The premise of the title can be read as "just create value, don't worry about monetizing, things will work out (financially)". Which is invalidated by FOSS

It isn’t. FOSS doesn’t just create value it gives it away for free usually in a not so friendly way to the point entire companies exist to streamline and support projects (eg redhat)

Re: Create value for others and don’t worry about the returns

#287

Post by pezgrande »

thendrill wrote: post #229
JonChesterfield wrote: post #201

This is a trap for engineers. If you don't worry about the returns, you won't get any. There are circumstances where that is fine. Be sure you're in one of them first.

So you think that engineers that maintain and write the FOSS that runs most of the world IT infrastructure ( Linux, Curl, GIT etc. ) do it for the returns ?

aren't most of them being payed by big corps? Redhat, Google, Microsoft... you name it.

Re: Create value for others and don’t worry about the returns

#288

Post by filleduchaos »

zozbot234 wrote: post #177
zelphirkalt wrote: post #166

Earlier quoted context omitted.

Phew, I am having a real hard time agreeing with you there. I mean, just imagine what would happen, if those social and tough jobs were not performed by people dedicated specifically to doing those jobs. Then we would all have to take care of our family's elderly and that can easily turn into a full time job itself. Let just one relative have Alzheimers or they for some reason cannot move any longer, or even less dra…

That's why I stated that the marginal job is what sets the reward. We actually have a lot more people wanting to do these jobs than we reasonably have a use for. Your mention of hospital nursing is actually a case in point: actual Registered Nurses are quite scarce, often do highly valuable, specialized work, and get paid a lot.

What on earth are you talking about? In the US (which seems to be the context in question), Actual Registered Nurses™ are not by any means "scarce" and in fact make up the clear majority of all nurses. Nor do they get "paid a lot" compared to the demands of their jobs, especially considering this is a country that throws the same salaries at people for the mighty skill of writing JavaScript for a SaaS.

Re: Create value for others and don’t worry about the returns

#289

Post by titanomachy »

s_dev wrote: post #235
10xDev wrote: post #179

You will get laid off but you won't if you create value and you will create value if you don't care about money and it will go recursive but it won't go recursive because there are limits. It won't change anything but it will change everything. No one knows what he is actually saying (see comments) but at least he managed to compress the entire discourse on AI impact into a blog post.

301.9K Followers 0 posts Is this guy just paying bots to upvote and promote his stuff?

He's kinda famous, he cracked the iPhone and PS3 as a teenager.

https://en.wikipedia.org/wiki/George_Hotz

Re: Create value for others and don’t worry about the returns

#290

Post by stavros »

wizzwizz4 wrote: post #274
denverllc wrote: post #264

Earlier quoted context omitted.

Some people thought that surgical masks wouldn’t stop you from getting Covid

Surgical masks don't stop you from getting Covid. That was never what they were for: they were to reduce the viral load you exposed others to, between when you got infected and when you noticed that you were infected. See https://en.wikipedia.org/wiki/Surgical_mask#Function . Some cloth masks can (when dry) also trap small particulates through electrostatic interactions, although they are less effective as a mechanic…

Right, but that still makes the people who refused to wear one selfish assholes.
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