471–480 of 783 posts
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And if you make someone 3x faster at producing a report that 100 people has to read, but it now takes 10% longer to read and understand, you’ve lost overall value.
You are forgetting that they are now going to use AI to summarize it back.
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Then where are all the amazing open source programs written by individuals by themselves? Where are all the small businesses supposedly assisted by AI?
> 4% of GitHub public commits are being authored by Claude Code right now. At the current trajectory, we believe that Claude Code will be 20%+ of all daily commits by the end of 2026. https://newsletter.semianalysis.com/p/claude-code-is-the-inf...
> If you want to help, more funding so we can pay more maintainers to deal with the slop (on top of everything we do already) is the only viable solution I can think of
https://www.pcgamer.com/software/platforms/open-source-game-...
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You are forgetting that they are now going to use AI to summarize it back.
This is one of my major concerns about people trying to use these tools for 'efficiency'. The only plausible value in somebody writing a huge report and somebody else reading it is information transfer. LLM's are notoriously bad at this. The noise to signal ratio is unacceptably high, and you will be worse off reading the summary than if you skimmed the first and last pages. In fact, you will be worse off than if you…
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What happens if (and I suspect this to be increasingly the case now) you make someone 3x faster at producing a report that nobody reads and those people now use LLMs to not read the report whereas they were not reading it in person before? Then everyone saves time, which they can spend producing more things which other people will not read and/or not reading the things that other people produce (using llms)? Producti…
Mmm I can’t wait to get home and grill up some Productivity for dinner. We’ll have so much Productivity and no jobs. Hopefully our billionaire overlords deign to feed us.
Eat the Rich
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Not necessarily. You could have 100 FTE on reports instead of 300 FTE in a large company like a bank. That means 200 people who'd normally go into reporting jobs over the next decade, will go into something else, producing something else ontop of the reports that continue to be produced. The sum of this is more production. Looking at job numbers that seems to be happening. A lot less employment needed, freeing up peo…
Looking at job numbers
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Made me think of this. https://imgur.com/T4DAGG8
Imgur is banned on UK. I recommend using https://catbox.moe/ which can even use remote-links so pasting the imgur link in it can also work. https://files.catbox.moe/4dhvok.jpeg
It's the other way round, Imgur banned UK access so that they wouldn't have to worry about the UK's stupid, authoritarian Online "Safety" Act.
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> This is an underrated take. If you make someone 3x faster at producing a report nobody reads, you've improved nothing In the private market are there really so many companies delivering reports no one reads ? Why would management keep at it then ? The goal is to maximize profits. Now sure there are pockets of inefficiency even in the private sector but surely not that much - whatever the companies are doing - someo…
>In the private market are there really so many companies delivering reports no one reads ? Just this month the hospital in my municipality submitted an application to put in a new concrete pad for a new generator beside the old one that they, per the application, intend to retire/remove and replace with a storage shed on it's pad once the new one is operational. Full page intro about how the hospital is saving the w…
If we assume people are somewhat rational (big ask I know), and the Efficient-market hypothesis, then we can estimate the value created by AI to be roughly equal to the revenue of these AI companies. That is: A professional who pays 20€/month likely believes that the AI product provides them with roughly 20€ each month in productivity gains, or else they wouldn't be paying, and similarly they would pay more for a big…
> A professional who pays 20€/month likely believes that the AI product provides them with roughly 20€ each month in productivity gains, or else [...] they would pay more for a bigger subscription Unless I'm misunderstanding, shouldn't someone rational want to pay where (value - cost) is highest, opposed to increasing cost to the point where it equals value (which has diminishing returns)? A $40 subscription creating…
I was more so limiting myself to the simpler heuristic where people only pay roughly what they personally think something is worth, and not significantly more/less regardless of the options. But of course, as you've pointed out, in real life the options available really do matter, and someone might decline a 200:1200 trade if there are even more lopsided options available. It does complicate the though experiment somewhat if you try to take this into account.