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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

#281

Post by anal_reactor »

deaux wrote: post #240
zozbot234 wrote: post #142

Earlier quoted context omitted.

Yes, dramatically so. The 1980s and 1990s sucked, we live in the future.

I was very much there during the 1990s, people were median happier than in 2026. Unless you mean globally, in which case it's near impossible to tell. But GP likely meant the US or Europe.

> But GP likely meant the US or Europe.

Reminds me of movies "Aliens attack Earth. By Earth by obviously mean USA. By USA we obviously mean New York City. By New York City we obviously mean Manhattan.".

Half of Europe was literally undergoing complete economic collapse in 90's.

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

#282

Post by [deleted] »

ceejayoz wrote: post #277
raw_anon_1111 wrote: post #271

Earlier quoted context omitted.

I know how much the American health care system sucks. But I have looked into a high deductible health care plan on the exchange for myself and my wife - both over 50 to calculate how much we would need to survive a month of unemployment. It was around $1000/mo with no subsidies for a bronze plan.

This is a family plan; the bronze plans are $2400 or so a month. But that means a huge deductible; for a high-needs family, it works out worse financially.

[deleted]

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

#283

Post by anigbrowl »

bluescrn wrote: post #184
lukev wrote: post #141

Earlier quoted context omitted.

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.

Better than those who just want to burn the system down with no real plan for what comes next, and unable to comprehend the inevitable bloodshed of the 'glorious revolution' that they crave.

There's a lot of bloodshed going on under the status quo. Why do you think people are 'unable to comprehend' it? Maybe they just want to reallocate it and aren't especially sympathetic to those who who have avoided it up to now.

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

#284

Post by bix6 »

raw_anon_1111 wrote: post #252
bix6 wrote: post #69

Earlier quoted context omitted.

We’re already there. Your individual labor isn’t enough to make a living unless you subscribe to the altar of a feudal FAANG. This is preposterous. > Collectively, the wealthiest 1% held about $55 trillion in assets in the third quarter of 2025 — roughly equal to the wealth held by the bottom 90% of Americans combined. https://www.cbsnews.com/news/us-wealth-gap-widest-in-three-d...

Please. The median household income in the US is around $85K https://dqydj.com/household-income-percentile-calculator/ The median individual household is $55K https://dqydj.com/income-percentile-calculator/ Neither are living on the streets.

https://www.lmtribune.com/local-news/achilles-takes-on-risch...

> By my estimate, about 60% of Idahoans don't earn a livable wage

Sure boss it’s all fine and dandy.

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

#285

Post by paganel »

jen20 wrote: post #215
paganel wrote: post #160

Earlier quoted context omitted.

> 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 th…

That didn't really answer the question... However, using your phone does not make you terminally online. That is more of a mental state, and while some Europeans may be in it, my experience is that most are not.

> my experience is that most are not.

As I said, my experience is totally the opposite, but I've started seeing that, i.e. the middle-classes trying to distance themselves from the internet (as present on their mobile phones), such as seeing that, i.e. being terminally online via one's mobile phone, as a "mental state". It wasn't a "mental state" when it was only the middle-classes who were doing it, back in the late-Obama era.

Back to your question, the people I shared my ride with, the normal people, have started being very conservative, I would say even luddite, when it comes to their voting choices, if you live in Europe you might have noticed that.

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

#286

Post by pixl97 »

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?

>There isn’t a rule of economics that says better technology makes more, better jobs for horses. It sounds shockingly dumb to even say that out loud, but swap horses for humans and suddenly people think it sounds about right.

--CGPGrey, Humans need not apply.

You need a paradigm shift in your mind on why the modern world looks like it does. You don't need human consumers, you just need a consumer. Any system that allows you to get the hard resources you need to produce the hard/soft resources required is simply enough. Humans are fungible for anything else that can provide manual or intellectual labor.

As a thought excercize, just imagine a bunch of AIs/robots buying/selling/trading resources between each other. Where are humans required in this?

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

#287

Post by [deleted] »

jmye wrote: post #117
bix6 wrote: post #69

Earlier quoted context omitted.

We’re already there. Your individual labor isn’t enough to make a living unless you subscribe to the altar of a feudal FAANG. This is preposterous. > Collectively, the wealthiest 1% held about $55 trillion in assets in the third quarter of 2025 — roughly equal to the wealth held by the bottom 90% of Americans combined. https://www.cbsnews.com/news/us-wealth-gap-widest-in-three-d...

> We’re already there. Your individual labor isn’t enough to make a living unless you subscribe to the altar of a feudal FAANG. This is preposterous. You think you already can't "make a living" without working at a FAANG? Is this a serious post?

[deleted]

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

#288

Post by dahfizz »

> They are illustrations of a general principle: the legal inheritance channel compounds while the biological one reverts.

All this pseudo-math relies on the fact that family wealth strictly compounds and does not decrease or revert to the mean. But that is not true. Economists study this, and the exact numbers differ but family wealth _does_ revert back to the mean in just a few generations. Wealth does not stay in the same family compounding forever.

https://www.jstor.org/stable/10.1086/378526

https://bnh.bank/wp-content/uploads/2023/05/Heres-to-Your-We...

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

#289

Post by raw_anon_1111 »

ceejayoz wrote: post #277
raw_anon_1111 wrote: post #271

Earlier quoted context omitted.

I know how much the American health care system sucks. But I have looked into a high deductible health care plan on the exchange for myself and my wife - both over 50 to calculate how much we would need to survive a month of unemployment. It was around $1000/mo with no subsidies for a bronze plan.

This is a family plan; the bronze plans are $2400 or so a month. But that means a huge deductible; for a high-needs family, it works out worse financially.

When I compared plans at work over the years, I’ve found that it is rarely cheaper to do low deductible/higher monthly costs than higher deductible /lower monthly cost + pay deductible out of pocket.
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