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

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371–380 of 668 posts

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

#371

Earlier quoted context omitted.

Sure, but who do they sell stuff to if no one has a job? We’re on the brink of some _very_ unexplored branches of human behavior.

This is very explored - it was the state of humanity for most of its existence. The few had resources, the many were poor.

For most of humanity's existence nobody was poor because there was no such thing as money.

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

#372
post #355

Earlier quoted context omitted.

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?

> It is not realistic - we are consuming way more than any of the previous generations

That's not true. At least not true on all metrics. Energy consumption is down on 30 years ago, for example.

https://data.worldbank.org/indicator/EG.USE.ELEC.KH.PC?locat...

Mat and protein consumption peaked around 20 years ago too.

> 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?

It's not pessimism, it's reality. The ruling class are demanding we reduce consumption while increasing and flaunting theirs. That's just what is. If you're denying that or think it's pessimism I really don't know what to tell you.

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

#373
post #232

Earlier quoted context omitted.

> If you can make many replicators, money stops making much sense. You probably end up with energy (if these devices take a lot of energy to operate) as the new currency. If you can make many replicators, you certainly won't be providing them to anyone else. You'd be using them to ensure that money starts funneling into your revenue stream, and use that as a cash cow to pursue other projects.

That’s only a temporary possibility, once the tech gets out everyone will have replicators.

Just like everyone owns factories today

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

#374
post #144

Earlier quoted context omitted.

Is the average person actually better off after the late 90’s internet is probably a harder question than it might seem. The long tail may be closer to what I want, but the quality is also generally lower. YouTube just doesn’t support a team of talented writers, Amazon is mostly filled with junk, etc. Social media and gig work is a mixed bag. Junk e-mail etc may not be a big deal, but those kinds of downsides do erod…

Are you being objective or just romanticizing the past? Just to use your example: YouTube is filled with talented writers and storytellers, who would have never been able to share their content in the past. *And* the traditional media complex is richer than ever. I don’t think average quality matters. Just what you want to consume. If anything, I’d be more open to the opposite argument. Media is so much richer and mo…

Media is so much richer and more engaging that it actually makes our lives worse. The quality of the drugs is too high!

I am not sure it's the quality, it's more that it's optimized for dopamine shots. Heroine is highly addictive, but I think that few people would argue it's a quality drug.

Recently there was a TV item that was filmed (in NL) just before the broad adoption of mobile phones (not smartphones). People looked so much more relaxed and more oriented towards others. I am happy that until my 18th or so mobile phones were not really a thing and that smartphones were not a really a thing until I was 25-27. I was an early adopter of smartphones, but I don't think we realized how addictive and destructive social media + smartphones would become.

The early internet was very cool though. Lots of info to be found. A high percentage of users had their own web page. A lot of it was pretty whacky/playful. Addictive timelines etc. had not been invented yet.

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

#375
post #263

Earlier quoted context omitted.

> I struggle to articulate the way that abundant cheap goods lead to that outcome. It has nothing to do with how cheap the goods are The problem is that at some point people won't be able to afford literally anything because all, and I mean literally all, of the wealth will be hyper concentrated in a super small percentage of the population

Do you have anything to support this hypothesis?

https://delong.typepad.com/plutonomy-1.pdf

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

#376
post #351

Earlier quoted context omitted.

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?

As noted, this refers to Reagan policies and onward.

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

#377

Earlier quoted context omitted.

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?

Statistics.

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

#378
post #178

Earlier quoted context omitted.

I was trying to be objective which is why I didn’t try to compare individual shows. Thus average production quality seems like a useful metric. There’s currently a handful of “traditional media/streaming” shows with absolutely crazy budgets today and if you happen to like them then that’s great. However, if you don’t things quickly fall off a cliff in terms of production quality. The same is true of YouTube. The qual…

It's worth noting that due to advances in technology, it is possible to deliver the same show for less money and time. The average "how to cook on a food network" show was, ultimately, one person in the kitchen of a large home cooking for the camera, produced once a week. There are plenty of people delivering that style of cooking show with high production quality today. Obviously it's not the same because some thing…

> it is possible to deliver the same show for less money and time

Do we, though?

I recently learned about the controversial scene "Baby, It's Cold Outside".

Ignoring the content of the scene for a moment, the quality of the choreography stood out to me as something you would never see in a movie today. Certainly not in one take.

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

#379
post #273
post #235

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Doubtful. More likely that there will be robocops to stop you from loitering in the scenic places.

For sure, but most bridges aren't in scenic places and robocops will still be limited in numbers, so no worries, just ask your LLM assistance in case of doubt under which bridge you won't get evicted from. Altough, that would probably be illegal advice, but they can try to help you with therapy should you end up in such a situation. Not the top model of course, but hey, it is a benefit.

>robocops will still be limited in numbers

The population of developed countries is already at least 75% robocops

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

#380

Earlier quoted context omitted.

Historically in this case eventually the poor kill the rich Probably not this time though

If they killed the poor, then how can they enjoy their power over people?

They'll just make some more poor to kill.
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