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Even in the unlikely event AI somehow delivers on its valuations and thereby doesn't disappoint, the implied negative externalities on the population (mass work
by danans 1y ago
Even in the unlikely event AI somehow delivers on its valuations and thereby doesn't disappoint, the implied negative externalities on the population (mass worker redundancy, inequality that makes even our current scenario look rosy, skyrocketing electricity costs) means that America's and the world's future looks like a rocky road.
- AznHisoka 1y agoYes, if AI proves to be a 10x productivity booster, it probably means most people will be unemployed
- conductr 1y agoAlso, what happens to those employed when they each have 10 people trying to take their job. It’s a downward spiral for employment as we know it.
- manmal 1y agoElectricity was a 10x productivity boost, just over a way longer timespan. We‘re just speedrunning this.
- polar8 1y agoThe plow was a 10x productivity booster. Guess what happened next?
- ljlolel 1y ago10X population?
- array_key_first 1y agoThe main difference is that a plow cannot replace a human because a plow is a machine operated by a human. The premise of AI is that it replaces humans. Even if AI creates, say, 200 million new jobs - you would just fill those jobs with AI. Why would you fill them with humans? That's stupid.
- xutopia 1y agoWhile there will be spots where a human will be replaced by AI there won't be nearly as much as people think over the next decade.
- aeternum 1y ago>The main difference is that a plow cannot replace a human because a plow is a machine operated by a human. A single human with a plow replaced 20 humans with shovels. Do you believe the ratio of AI replacement will actually be higher? I doubt it.
- array_key_first 1y ago> A single human with a plow replaced 20 humans with shovels. Right, my point is, that single human cannot now be replaced with a plow because a plow and a human are two distinctly different things. This is the opposite of the premise of AI, which is that AI and humans should be as similar as possible. I can't get a plow to ride a plow because it doesn't have legs. It's made of metal. I CAN get an AI to prompt AI because that's what AI does. So again, even if you create X Y Z jobs, surely the goal then is to replace those jobs with AI? Like we can get rid of programmers, okay great. Now we need more people to write specs. Okay great. Um... Why not have the AI write the specs? They can be different AIs. It's software, it's trivially copiable, unlike flesh and bones.
- aeternum 1y agoIdk I think the plow still has similar scaling. You can make a much bigger plow now maybe it replaces 40 humans. You could make it bigger still and have ox pull it, now maybe 400 humans since you still need one to lead the ox. Farmer Joe then claims he can train ox + border collie teams to eliminate the need for humans entirely when it comes to plowing. But by that point no one cares because the cost to plow a field is so low that it really doesn't matter, other things are the bottleneck. The cost of things where AI can produce value will trend downward and human labor will move to other things, like entertainment, services. IMO there will always be demand for things like human-given massages, human chefs, human teachers, etc.
- TheSoftwareGuy 1y agoNot necessarily. If $x is enough to get you 10x more Software engineering effort, people may be willing to increase their spending on software engineering, rather than decrease it
- quantum2022 1y agoI personally hope AI doesn't quite deliver on its valuations, so we don't lose tons of jobs, but instead of a market crash, the money will rotate into quantum and crispr technologies (both soon to be trillion dollar+ industries). People who bet big on AI might lose out some but not be wiped out. That's best casing it though.
- noduerme 1y agoI like this, because I hate the idea that we should either be rooting for AI to implode and cause a crash, or for it to succeed and cause a crash (or take us into some neo-feudal society).
- allegorick 1y ago"quantum" and "biotech" have been wishful thinking based promises for several years now, much like "artificial intelligence" we need human development, not some shining new blackbox that will deliver us from all suffering we need to stop seeking redemption and just work on the very real shortcomings of modern society... we don't even have scarcity anymore but the premise is still being upheld for the benefit of the 300 or so billionaire families...
- grues-dinner 1y agoWhat would quantum technology actually deliver? Other than collapsing the internet when every pre-quantum algorithm is broken (nice jobs for the engineers who need to scramble to fix everything, I guess) and even more uncrackable comms for the military. Drug and chemistry discovery could improve a lot? And to be quite honest, the prospect of a massive biotech revolution is downright scary rather than exciting to me because AI might be able to convince a teenager to shoot up a school now and then, but, say, generally-available protein synthesis capability means nutters could print their own prions. Better healthcare technology in particular would be nice, but rather like food, the problem is that we already can provide it at a high standard to most people and choose not to.
- rangestransform 1y agoHealthcare costs are a real issue especially for gerontocracies like France, and driving them down would be a massive benefit to society
- ransom1538 1y ago"skyrocketing electricity costs" You said it right here. No one is going to give up energy at such a cheap rate anymore. Those days are over. Darkness for the US is coming.
- allegorick 1y agocost for solar power and storage is decaying exponentially scarcity isn't real anymore, it is enforced politically for the benefit of the owning class
- danans 1y ago> scarcity isn't real anymore, it is enforced politically for the benefit of the owning class Whatever the reason, it nonetheless seems like higher electricity prices are inbound.
- Yizahi 1y agoYeah, that's totally believable. I remember how everyone raved about cheap EV charging a decade ago, how it would save costs etc. And today a commercial fast DC changing is more expensive (per km of range) than an ICE car of the same class and size. And that's with gas prices doubling since 2009 crash. I've just did a quick calculation with today's prices and modern cars in the comparison.
- danans 1y ago> I remember how everyone raved about cheap EV charging a decade ago, how it would save costs etc. And today a commercial fast DC changing is more expensive (per km of range) than an ICE car of the same class and size. The raving was over the cost of home charging vs gasoline, and that advantage still holds today, even in very expensive electricity markets like MA or CA. The way most people will feel the hit is air conditioning costs, since their usage can't cheaply be moved off peak rate hours, and an array of home batteries isn't cheap enough for households that have high energy burden.
- yibg 1y agoI think part of the problem is the variance (economically) of AI delivering is so wide, that even that's hard to predict. e.g, is end stage AI: - Where we have intelligent computers and robots that can take over most jobs - A smarter LLM that can help with creative work but limited interaction with the physical world - Something else we haven't imagined yet Depending on where we end up, the current investment could provide a great ROI or a negative one.
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- varispeed 1y agoI don't think many businesses are at the stage where they can actually measure whatever AI is delivering. At one business I know they fired most senior developers and mandated junior developers to use AI. Stakeholders were happy as finally they could see their slides in action. But, at a cost of code base being unreadable and remaining senior employees leaving. So on paper, everything is better than ever - cheap workers deliver work fast. But I suspect in few months' time it will all collapse. Most likely they'll be looking to hire for complete rewrite or they'll go under. In the light of this scenario, AI is false economy.
- aeternum 1y agoWhen standard of living increases significantly, inequality often also increases. The economy is not a zero sum game. Having both rising inequality and rising living standards is generally the thing to aim for. Both parties seem to agree we should build more electric capacity, that does seem like an excellent thing to invest in, why aren't we? As the cost of material goods decreases, they will become near free. IMO demand for human-produced goods and experiences will increase.