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But these AIs need energy and GPUs data-centers ... who pays for those? I could imagine a circular mini-economy between a few companies making the bare essentia

by sottol 6mo ago

But these AIs need energy and GPUs data-centers ... who pays for those? I could imagine a circular mini-economy between a few companies making the bare essentials to keep AI running and not catering to 99.9% of the population because they don't have the funds to buy anything those companies could produce so they don't. In that scenario AI and robots produce everything, the owners of those AI companies can trade their AI's output with other AI/robot companies, robot and chip manufacturers and commodity owners? So 10000 people world-wide are fine, everyone else is not?

pixl97 6mo ago
>So 10000 people world-wide are fine, everyone else is not? Well ya, if you don't need labor, why keep 8 billion laborers around polluting your planet?
mr_toad 6mo ago
> In that scenario AI and robots produce everything, the owners of those AI companies can trade their AI's output with other AI/robot companies, robot and chip manufacturers and commodity owners? So 10000 people world-wide are fine, everyone else is not? That scenario is not really any different from having a technology advanced country (like the US) alongside some underdeveloped nation. The US could, in theory, close its borders and produce everything it needs itself, and leave said underdeveloped nation without the benefits of, for example, Netflix, Nike & Nvidia. But it won’t, it’s not economically efficient. Economic theory (of comparative advantage) tells us that there’s always something that the less developed world can produce relatively cheaply, in exchange for sneakers, streaming services, and G-force Now subscriptions.
- holoduke 6mo ago
  It cannot. Only reason the US is rich is because of foreign countries buying and trading in Dollars. If that falls the US is toast
  - irishcoffee 6mo ago
    Where did mr_toad mention wealth? You're moving the goalpost.
  - hunterpayne 6mo ago
    That's not why the US is rich. And if the dollar falls, woe to everyone who isn't an American because your future is very bleak in that case. Hope you like digging trenches (and then hiding in them).
- npodbielski 6mo ago
  Yeah right, it could not. US would probably would be unable to produce something really simple like electrical cables or plastic flip flops, yet alone computer chips.

by sottol 6mo ago

pixl97 6mo ago

>So 10000 people world-wide are fine, everyone else is not? Well ya, if you don't need labor, why keep 8 billion laborers around polluting your planet?

mr_toad 6mo ago

> In that scenario AI and robots produce everything, the owners of those AI companies can trade their AI's output with other AI/robot companies, robot and chip manufacturers and commodity owners? So 10000 people world-wide are fine, everyone else is not? That scenario is not really any different from having a technology advanced country (like the US) alongside some underdeveloped nation. The US could, in theory, close its borders and produce everything it needs itself, and leave said underdeveloped nation without the benefits of, for example, Netflix, Nike & Nvidia. But it won’t, it’s not economically efficient. Economic theory (of comparative advantage) tells us that there’s always something that the less developed world can produce relatively cheaply, in exchange for sneakers, streaming services, and G-force Now subscriptions.

holoduke 6mo ago
It cannot. Only reason the US is rich is because of foreign countries buying and trading in Dollars. If that falls the US is toast
- irishcoffee 6mo ago
  Where did mr_toad mention wealth? You're moving the goalpost.
- hunterpayne 6mo ago
  That's not why the US is rich. And if the dollar falls, woe to everyone who isn't an American because your future is very bleak in that case. Hope you like digging trenches (and then hiding in them).
npodbielski 6mo ago
Yeah right, it could not. US would probably would be unable to produce something really simple like electrical cables or plastic flip flops, yet alone computer chips.