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Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

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361–370 of 668 posts

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#361
post #70

Earlier quoted context omitted.

Chat rooms webs were sold by millions in the dotcom era. And everybody used them. Nowdays everybody see them as useless.

They evolved into Instagram(8 billion), WhatsApp(20 billion) and FB(trillion)

No.

Chats did not evolve to social media.

Facebook is a descendant of hotornot not icq or chats.

Ws was seen as free sms.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#362
post #171
post #70

Earlier quoted context omitted.

Chat rooms webs were sold by millions in the dotcom era. And everybody used them. Nowdays everybody see them as useless.

Pretty sure discord and slack are not useless…

Discord and slack are evolutions of msn messenger and icq.

Not web chat rooms.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#364
post #97

The big question is what "society" he is talking about? Is it the "society" that includes all people, or the "society" that includes only rich people?

I don't understand this argument. Speaking as a kid who grew up middle-class as an 80's teen obsessed with (the then still new) computers, a non-rich person has access to more salient power today than ever in history, and largely for no or low cost. There are free AI's available that can diagnose illnesses for people in remote areas, non-Western nations, etc. and which can translate (and/or summarize) anything to any…

You have an incorrect reading of history and economy. Basically none of the wealth and comfort we (regular people) enjoy were "gifted" or "left over" willingly by the owner class. Everything had to be fought for: minimum wage, reasonable weekly hours, safe workplaces, child labor, retirement, healthcare...

Now, ask yourself, what happens when workers lose the only leverage they have against the owner class: their labor? A capitalist economy can only function if workers are able to sell their labor for wages to the owner class, creating a sort of equilibrium between capital and work.

Once AI is able to replace a significant part of workers, 99% of humans on Earth become redundant in the eyes of the owner class, and even a threat to their future prosperity. And they own everything, the police and army included.

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#365

Earlier quoted context omitted.

[flagged]

Go repeat that to the nearest homeless guy. Wealth inequality is rising rapidly, and around a billion people on this planet still can't eat as well as they should.

Poverty is at an all time low. We are consuming way more than ancestors. Life expectancy is at an all time high.

How do you explain this?

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#366
post #295

Earlier quoted context omitted.

Which of those did the Internet benefit?

Would you rather be a 22 year old starting in life in 2025 or 1995? Unless you pick one of the few countries that underwent a drastic change of regime in that time, the answer’s pretty clear to me.

Given my skillset at age 22? Yeah, I'll take 1995. I was old enough to grow up hearing how great the world was going to be if I learned computer programming just to enter the job force at the start of the dotcom bubble burst. 1995 would have been a major upgrade.

Also, knocking that almost decade off my birthday would assure that I spent most of my adult life with the luxury of thinking that energy didn't have negative externalities that were being forced on later generations.

We had Chomsky-esq "any major world power is kind of fascist if you think about it" instead of literal talk by politicians about putting people in camps if they don't like your diet or country of origin.

TV was pretty bad I guess but music was great and I read more back then.

There was a lot of huffing and puffing about gang violence. I grew up on the street the local gang named themselves after and it only marginally touched my life at all.

Housing was dirt cheap, food was dirt cheap, gas was dirt cheap. There was undeveloped land everywhere around the city I live in and it gave a general sense of potential.

What exactly was so bad about the 90's?

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#367
post #355

Earlier quoted context omitted.

[flagged]

I found the comment to be quite sober and realistic. Other than usage of "they want" as a monolith group it's pretty accurate.

It is not realistic - we are consuming way more than any of the previous generations. Poverty is at an all time low and steeply dropped since the last century. We are curing diseases, people are living long. What's the pessimism about?

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#368

Earlier quoted context omitted.

[flagged]

I have agency and I'm very happy with my lot. I'm not "blaming" anybody for anything. But unlike you I am not in a naive infantile delusion about what the ruling class are and want and work toward.

> I'm not "blaming" anybody for anything.

This has to be a joke given your post. Ctr + F "they"

Re: Jeff Bezos says AI is in a bubble but society will get 'gigantic' benefits

#369
post #351

Earlier quoted context omitted.

Based on what evidence? The last few times this happened the whole world benefitted.

Based on extensive academic research on trickle-down economics, in particular looking into the evolution of real wages of different sectors of population, since 1980s. See the work of recent Nobel prize laureates in economics. Many argue for redistribution and investment back to the society.

But the past few revolutions benefitted everyone and we are better off. Look at industrial revolution, digital revolution. Why do you think it is different this time? If trickle down economics don't work, why is world poverty at all time low and consumption at all time high?
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