401–410 of 607 posts
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> that money goes to a mega-corp and the savings is passed on to execs And the execs invest that money back into the economy.
And the executives do this in a golden shower of trickle-on economics. ...which didn't work so well during the Reagan administration, but I guess we're on course to try it again.
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"Baumol's cost disease hurts the lower classes by restricting their access to services like health care and education, and LLMs/agents make it possible to increase productivity in these areas in ways which were once unimaginable." You've expressed very clearly what LLMs would have to do in order to be economically transformative. "If you can get high quality medical advice for effectively nothing, if you can get high…
> Why should one child get an LLM teacher or doctor while others get individualized attention by a skilled human being? Is the value in the outcome of receiving medical advice and care, and becoming educated, or is the value just in the co-opting of another human being's attention? If the value is in the outcome, the means to achieving that aren't of much consequence.
The world you're describing is one where the entire economic value of humanity is in reminding the AI to put out the food bowl and refill the water dish at the appropriate time.
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We decide via a hopefully elected government. These examples aren’t generally voluntary once implemented. I can’t get a refund from my public library or parks department if I decide not to use it. The social pressure placed on The Engineer is the manifestation of law. That’s all law is: a set of agreed-upon social contracts, enforced by various means. Obviously, many dictators and governments get away with badly mist…
Slavery was (is) also an agreed upon social contract, enforced by various means. What makes it wrong? You clearly have morally prescriptive beliefs. Why are you so sure that your moral prescriptions are the right ones? And that being in the majority gives you the right to impose your beliefs on others? What if you are in the minority? Do you just accept the hypercapitalist dictates of the majority? Why not? Law is mo…
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> For something to be deserved, it must be earned. Eeeeeerrrr , wrong! This is garbage hypercapitalist/libertarian ideology. Did you earn your public school education? Did you earn your use of the sidewalk or the public parks and playgrounds? Did you earn your library card? Did you earn your citizenship or right to vote? Did you earn the state benefits you get when you are born disabled? Did you earn your mother’s lo…
> This is garbage hypercapitalist/libertarian ideology. Go on then, how do you decide what people deserve? How do you negotiate with others who disagree with you? > examples above like public libraries I agree! The nice part about all these mechanisms is that they’re voluntary. If you’re suggesting that The Engineer’s actions should be constrained entirely by his own conscience and social pressure, then we agree. No…
Everything else, all the 'isims' and ideologies are abstractions.
Earlier quoted context omitted.
We decide via a hopefully elected government. These examples aren’t generally voluntary once implemented. I can’t get a refund from my public library or parks department if I decide not to use it. The social pressure placed on The Engineer is the manifestation of law. That’s all law is: a set of agreed-upon social contracts, enforced by various means. Obviously, many dictators and governments get away with badly mist…
Slavery was (is) also an agreed upon social contract, enforced by various means. What makes it wrong? You clearly have morally prescriptive beliefs. Why are you so sure that your moral prescriptions are the right ones? And that being in the majority gives you the right to impose your beliefs on others? What if you are in the minority? Do you just accept the hypercapitalist dictates of the majority? Why not? Law is mo…
Earlier quoted context omitted.
"Baumol's cost disease hurts the lower classes by restricting their access to services like health care and education, and LLMs/agents make it possible to increase productivity in these areas in ways which were once unimaginable." You've expressed very clearly what LLMs would have to do in order to be economically transformative. "If you can get high quality medical advice for effectively nothing, if you can get high…
> Why should one child get an LLM teacher or doctor while others get individualized attention by a skilled human being? Is the value in the outcome of receiving medical advice and care, and becoming educated, or is the value just in the co-opting of another human being's attention? If the value is in the outcome, the means to achieving that aren't of much consequence.
Absorbing information doesn't make you "educated". Learning how to employ knowledge with accountability and trust with beings in the real world is what's important, and a machine can't teach you how to do that.
> or is the value just in the co-opting of another human being's attention?
Why is it "co-opting" if it involves a mutually consenting exchange?
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I think this is assuming that the labor market knows how to identify the dirct value of devs. This already seems to be a problem across the board regardless of job role.
I think solo founders or small software companies where top tier devs can have huge ownership will be making top dollar.
I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
- Push notifications within seconds of swiping your card - Frictionless to check your balance/budget/cards with bio auth - Mobile check deposit (as others here have stated) - Instantly locking/unlocking your cards - Budgeting built-in
If, to you, "doing online banking" means "sitting down at my computer and scrolling through the PDF statements on Chase's website" (I don't blame you, I've been there), then yes, doing that on a desktop is much easier. I'd encourage you to take a look at how far banking apps have come recently.
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I think solo founders or small software companies where top tier devs can have huge ownership will be making top dollar.
Can you give an example of what a solo founder might now make top dollar on that he previously couldn't?