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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

#441

Post by fhdkweig »

palmotea wrote: post #221
javierluraschi wrote: post #142

Earlier quoted context omitted.

It will benefit all people but it will disproportionally benefit more rich people.

> 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!

It can even help you learn to tie a noose.

https://duckduckgo.com/?q=chatbot+suicide

14-year-old Sewell Setzer III https://apnews.com/article/chatbot-ai-lawsuit-suicide-teen-a...

16-year-old Adam Raine https://www.npr.org/sections/shots-health-news/2025/09/19/nx...

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

#442

Post by infinitezest »

athrowaway3z wrote: post #328
akagusu wrote: 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?

Counter prediction. AI is going to reduce the (relative) wealth of the tech companies. AWS and Facebook have extremely low running costs per VPS or Ad sold. That IMO is one of the major reasons tech has received its enormously high valuation. There is nuance to that, but average investors are dumb and don't care. Add in a relatively high fixed-cost commodity into the accounting, and intuitively the pitch of "global m…

History would indicate that if the you make a bubble big enough and then it pops, you don't have to clean up the mess. 2008 wasn't that long ago.

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

#443

Post by weregiraffe »

bko wrote: post #135
ceejayoz wrote: post #132

Earlier quoted context omitted.

Facebook has more. Was it a benefit? Does the benefit outweigh the harms?

Yes, Facebook is a benefit. Among other things, it gave me React which much of the modern web is built on, and React Native, PyTorch, GraphQL, Cassandra, Presto, and RocksDB just to name a few. The question is, what are billions of people doing on Facebook if it's harmful? I don't know. My daycare sends me updates, my barbershop tells me when they're closing and I used it to sell my fridge. This hole Facebook irratio…

>much of the modern web is built on,

Was modern web a benefit?

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

#444

Post by james_oofou »

muldvarp wrote: post #310

I'd love to see those "gigantic benefits". Currently, the only positive thing about LLMs I hear regularly is that it made people more productive. They don't get paid more (of course), they're just more productive.

more productivity at same cost = more stuff, cheaper

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

#446

Post by weregiraffe »

bko wrote: post #135
ceejayoz wrote: post #132

Earlier quoted context omitted.

Facebook has more. Was it a benefit? Does the benefit outweigh the harms?

Yes, Facebook is a benefit. Among other things, it gave me React which much of the modern web is built on, and React Native, PyTorch, GraphQL, Cassandra, Presto, and RocksDB just to name a few. The question is, what are billions of people doing on Facebook if it's harmful? I don't know. My daycare sends me updates, my barbershop tells me when they're closing and I used it to sell my fridge. This hole Facebook irratio…

>The question is, what are billions of people doing on Facebook if it's harmful?

Why do everyone get sick and eventually die if it's harmful?

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

#447

Post by justin66 »

JCM9 wrote: post #437

All the smartest people I know in finance are preparing for AI to be a huge bust that wipes out startups. To them, everyone in tech is just a pawn in their money moving finance games. They view Silicon Valley at the moment salivating on what there plays are to make money off the coming hype cycle implosion. The best finance folks make the most money when the tide goes out… and they’re making moves now to be ready. Ta…

Just startups? Really?

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

#448

Post by Applejinx »

padjo wrote: post #298
0cf8612b2e1e wrote: post #164

Earlier quoted context omitted.

My framing device: if you had LLMs in the 1500s, how would that help Copernicus determine the orbits of the planets? Maybe through dumb chance, but creating a well reasoned model of the universe required new observations and the ability to interpret the data from a different point of view.

More likely the LLM would condescendingly tell him that he was wrong and that the earth was clearly at the centre of the universe.

Depending on the time of creation, it might be impossible for the LLM NOT to tell him he's wrong and the earth is the center of the universe.

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

#449

Post by saubeidl »

simianwords wrote: post #395
stinkbeetle wrote: post #383

Earlier quoted context omitted.

> 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 t…

Chinese Communism is what dramatically decreased world poverty.

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

#450

Post by j4hdufd8 »

pessimizer wrote: post #169
dmix wrote: post #163

Earlier quoted context omitted.

HN said the same thing about Uber forever.

Uber didn't invent anything, they drove taxis out of business then jacked up the prices, squeezed the workers, and now everybody is riding around in regular people's crappy cars for more than a cab cost. And now I need a phone and to maintain my relationship with these two crappy companies rather than to wave at the street (which is what I used to do to get a ride.) That was literally what everybody said would happen…

> rather than to wave at the street (which is what I used to do to get a ride.)

Ummm taxis aren't everywhere like NYC or something. Broadly speaking Uber will pick you up in an arbitrary place and take you anywhere.

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