451–460 of 668 posts
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It will benefit all people but it will disproportionally benefit more rich people.
What you mean is those with some form of ownership of the technology. If development eventually results in full automation, with the expense of production reduced to zero, money will be irrelevant.
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
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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!
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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 condit…
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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.
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don't forget the dismantling of the local community and family identity to make people reliant on the government preventing resistance by division.
People do this to themselves and willingly, no spooky evil capitalists behind the curtains are necessary. People love money and what they can bring on the table, people often hate each other ie within families stiffed by peer pressure and expectations of mentalities formed in another very different era, people love discovering new countries and cultures. And so on and on. Ie me - I love my parents, my childhood was n…
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
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…
I'll take it for finance people being totally clueless, right? Have you talked to these people about AI?
The company I reviewed didn't seem like a great investment, but I don't even think that matters right now.
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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…
> 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 services. Yes of course capitalists love when economy is bad. Sorry, these dystopic visions do not pass even simplest smell test.
Those you call "capitalists" love monopolies as long as they are theirs. They love captured market. They dont care about competition unless it is someone not them competing to provide for them on lower price.
As of now, billionaires dont want or need strong economy as a "middle class and lower class doing good". They want the "our wealth goes up, we are getting tax breaks, if lower class pays for it cool" kind of economy.