3 ms·

Sold out manufacturing years ago. Long term building real physical products is going to be the only value. LLMs are going to drop the price of informational val

• catlover76 9mo ago
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• epistasis 9mo ago
  Building widgets is not a high-profit industry, and every country that got good at building widgets wants the high-profit industries that the US had: tech and biotech and science in general. Not recognizing the US's massive wealth and strength, and climbing down the value chain to imitate China, is a recipe for the decline of the US, which is being followed today.
  • gmd63 9mo ago
    Yep. Also an issue: the high profit industries are abused by pump and dump scammers like Vivek Ramaswamy who had his doctor mother run a phase 2 clinical trial on a struggling Alzheimer's drug he bought from GlaxoSmithKline before he cashed out and it inevitably failed phase 3 trials. We're moving in the opposite direction of ensuring that capital is allocated productively in said industries by destroying regulations and agencies like the CFPB, FTC, SEC, and by giving platforms and political power to the cheaters and fraudsters who have infested the Republican party.
• lobf 9mo ago
  Looking at the stats, we seem to be manufacturing about as much as ever in the last 30 years, and the value of that manufacturing is skyrocketing. We're certainly employing fewer people in manufacturing, but it seems to be remarkably strong still. >LLMs are going to drop the price of informational value. Maybe... maybe not? I'm not going to try and predict the future wrt AI, personally.