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

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

#391

Post by alganet »

simianwords wrote: post #365
thrance wrote: post #356

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?

I definitely woundn't explain it with speculative market bubbles though.

Every single time the market slips up, it jeopardizes all those achievements you mentioned.

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

#392

Post by akimbostrawman »

stinkbeetle wrote: post #327
palmotea wrote: post #221

Earlier quoted context omitted.

> It will benefit all people but it will disproportionally benefit more rich people. Yes: you'll be homeless and living under a bridge, but you'll have an LLM therapist on your phone to console you. That's a benefit!

No they don't want that, because it could lead to an uprising against them. They want us provided with the essentials in exchange for being dutiful workers, so we have something to lose. Everyone should live in pods stacked together, eat insects, not drive our own automobiles around or fly places, we should be able to get our entertainment and everything to keep ourselves happy from their subscription entertainment s…

don't forget the dismantling of the local community and family identity to make people reliant on the government preventing resistance by division.

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

#393

Post by yeasku »

mkl wrote: post #173
fzzzy wrote: post #170

Earlier quoted context omitted.

Gmail and Google Maps were prototypical 2.0.

Gmail's beta started in 2004, and Google Maps launched in 2005. Google's IPO was in 2004, so Web 2.0 products played no part in its enormous early growth.

Gmail had a fundamental part in Googles IPO.

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

#394

Post by abenga »

simianwords wrote: post #390
aborsy wrote: post #376

Earlier quoted context omitted.

As noted, this refers to Reagan policies and onward.

Even after Reagan's policies how do your points hold?

Because we are counting people's wealth in significant fractions of a trillion dollars and young people around the world cannot afford homes no more?

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

#395

Post by simianwords »

stinkbeetle wrote: post #383
simianwords wrote: post #365

Earlier quoted context omitted.

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?

> Poverty is at an all time low. In USA, it's not. https://en.wikipedia.org/wiki/File:Number_in_Poverty_and_Pov... Poverty rate flatlined since the 70s. > We are consuming way more than ancestors. Not true of at least several major indicators of consumption vs previous generations according to data I posted in other thread. > Life expectancy is at an all time high. > How do you explain this? The more important questi…

I agree that poverty rate flatlined in USA but world poverty (counting India and China) reduced dramatically in the past 20 years. How do you explain this?

>Not true of at least several major indicators of consumption vs previous generations according to data I posted in other thread.

You posted energy consumption per capita which was due to efficiencies.

>Because they do. Up until some time maybe around the end of the cold war, progress and development of countries were measured by (among other things) metrics like energy consumption, meat and protein consumption. The consumption based metrics have basically disappeared and the mantra these days is that we are consuming too much. We should minimize meat, energy consumption. There are many proposals to tax such things directly or indirectly, or even just outright limit the amount of animals that are farmed and so on.

Because consumption did not reduce holistically no matter how hard you try to cherry pick a few cases. https://fred.stlouisfed.org/series/PCEC96

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

#396

Post by thrance »

simianwords wrote: post #365
thrance wrote: post #356

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?

I don't know why you insist on licking rich people's boots for these. None of these good thing came from them.

I'm telling you: around a billion people are still hungry, and that number has been stable for 50 years. In the face of massive, global wealth inequality, this is unacceptable to me.

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

#397

Post by pyrale »

simianwords wrote: post #369
aborsy wrote: 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?

> Look at industrial revolution

I really don't see how one can separate the industrial revolution from colonialism, considering we have chiefs of government in colonial countries on the record saying that colonies are a necessary outlet for industrial goods [1].

Once you've established that link, it's hard to explain that "everyone" benefitted from the industrial revolution.

Even disregarding that, the working conditions created by industrialization allowed for situations that can hardly be described as "beneficial" [2][3][4].

> digital revolution.

[5] provided without comment.

---

[1]: for instance, Jules Ferry: https://www2.assemblee-nationale.fr/decouvrir-l-assemblee/hi...

[2]: https://en.wikipedia.org/wiki/Bisbee_Deportation

[3]: https://en.wikipedia.org/wiki/Ludlow_Massacre

[4]: https://en.wikipedia.org/wiki/Coal_Wars

[5]: https://en.wikipedia.org/wiki/PRISM

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

#398

Post by simianwords »

stinkbeetle wrote: post #385
simianwords wrote: post #368

Earlier quoted context omitted.

> I'm not "blaming" anybody for anything. This has to be a joke given your post. Ctr + F "they"

You appear to be incapable of developing a coherent point that addresses what I wrote. "They" is not blame, it is observation. The bird is flying. I am not "blaming" the bird for flying, it just is.

The difference between an observation and blame is, blame implies moral judgement and the implication that "it ought to be different". It is clear from this post and other posts that this is your agenda.

If you don't claim that it ought to be different, what are you arguing about?

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

#399

Post by Loughla »

baobun wrote: post #71
Loughla wrote: post #66

Earlier quoted context omitted.

Faculty at the college I work for are kicking and screaming about AI and students using AI. They don't want to use new tools so they're just trying to outright ban students from using them. One smug English faculty said, "well it's not that hard. You just look for dashes in their writing." I responded with, "you know you can just tell it not to use those, right?" Blank stares. I hate it.

The writing is a mandatory part of the learning process. Outsourcing it to tools is skipping and cheating. Nothing new here. It was the same when the tool was your buddy or upwork before LLMs. Banning advanced graph calculators on undergrad math exams is not because "they don't want to use new tools", either.

Sure but there's also a continuum of practice between banning outright and letting the students use llm's to just write for them.

Use it as a peer review. Use it during brainstorming. Use it to clarify ambiguous thoughts. Use it to challenge your arguments and poke holes in your assumptions.

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

#400

Post by crnkofe »

Gotta say I'm pessimistic about the future of AI. At least until its adopted by public sector, schools and societies. Right now its just enhancing what we already have. More "efficient" meetings with auto-note-taking so we can have more meetings. More productivity so we can make less people do more, increase the workload and make them burn out faster. Better and more sophisticated scammers. More sophisticated propaganda by various legal and illegal actors. Cheaper and more grotesque looking vidz and music. More software slop. Not to mention all the "cool" improvements coming our way in the form of smart rockets, bombs and drones and of course I drool for all the smart improvements in surveillance capitalism 2.0. They call it a revolution but for now its just a catalyst for more of all the things we "love".
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