I'm worried it might get bad

I mean is it determined by money creation, or just influenced by/one of the factors? If business perceive people generally having more spending money, won't they raise prices accordingly?

I share the same concerns as the author. People like to dispute individual issues by saying they’re caused by X or will even out with Y or the government can just do Z if the people voted for it, or that this is all irrelevant anyway because it’s never happened in the data before and therefore extremely unlikely or impossible to ever happen in the future.

And I just stare slackjawed at these people, at how they’re so focused on a narrow vertical or “historical data”, that they fail to even consider the larger picture. It’s why I trot out and bang my drum of “if we replace all the workers with AI then who is going to have money to spend to continue propping up the economy” every time boosters dismiss any social or economic concerns.

By a combination of neglect, malice, misinformation, partisanship, ignorance, and a cadre of new gods (“Big Data”, “the Algorithm”, the myriad of Rationalist cults, “AI”, crypto, etc), we have effectively stockpiled a warehouse full of leaking fuel barrels and dynamite and been commanded to take up smoking by our leaders and Capitalists, assured everything will turn out okay.

And you know what? Maybe it will turn out okay. Maybe this all is just a giant nothingburger. Maybe this is the start of a Golden Age of humanity, where dreams are attainable and fortune is infinite. Maybe this is just a speedbump on the path to extended lifespans, curing diseases, solving climate change. Maybe we’re just overreacting.

But the data sets, the lived experiences, the tone of existence doesn’t lie. Things are presently bad. The current patterns and trends suggest this will get a lot worse.

Maybe we’re wrong, but what I fear more is that we might be right and have done nothing.

Layoffs are one of the only ways way to cut spending before quarterly reports when the market is already saturated. The other way is to make the products cheaper (enshittification).

As far as more employable candidates go, I don't think executives realize the vast limitations of LLM. You have to remember they aren't technical people. They're thinking managers with no training are going to replace skilled employees--that there was a secret magic button that the lowly employees all knew about and it's now in their hands.

Sam Altman said there were now going to be one-person, billion-dollar companies. Reading between the lines, since there's not enough money for every person to do that, what does he intend for the remainder to become?

Seems like a great opportunity for a non-traditional candidate with some backbone to pull an FDR on this Herbert Hoover.

I love love love Claude Code. It's my weapon of choice. However, we're still a ways off.

The most recent thing I did prior to typing this comment was have it look at a cosmosdb integration and recommend changes to my CosmosClientOptions to reduce CPU, based on a few exceptions I'm seeing.

It recommended 5 changes to 5 settings, and every single one of them was outside of the allowed range for those 5 settings. I told it as much, and asked nicely (always nicely, I don't want to be on the Singularity's naughty list) to try again, those aren't valid values. It came back with 4/5 values within the allowed scope, one still outside of the scope, and 2 of the 4 that were accurate were the same values that I already have configured.

Not there yet. Better every day, but definitely not there.