4 ms·

>AI will be the one to cause the next financial crisis. So what's the implication here? It sounds like you want AI canceled or curtailed, and if you apply the

by gruez 2mo ago

>AI will be the one to cause the next financial crisis. So what's the implication here? It sounds like you want AI canceled or curtailed, and if you apply the same logic to the internet in the mid 90s, you would have correctly called out the dotcom bubble. Does that we mean we should have also canceled the internet?

miyoji 2mo ago
> Does that we mean we should have also canceled the internet? In retrospect, I think the world would be a much better place if we'd just turned it off in 1998.
- boelboel 2mo ago
  Late 90s/early 00s internet would've probably been the sweet spot for utility while causing little harm. Sadly we can't just freeze the internet in time.
  - mrxtravgnt1 2mo ago
    Maybe the machines in the Matrix had it right when they said the "height of human civilization"
  - throwawayffffas 2mo ago
    Advance-fee scams have been around since the 18th century, internet is not required.
    - boelboel 2mo ago
      I was thinking about more than just scams when I thought of the comment. But I'm probably looking with rose coloured glasses at the early internet.
jackvalentine 2mo ago
I don't think it's necessary to have wants or plans in place when you point out this kind of thing. You should also be careful about taking imagined positions to the extreme ..."Does that we mean we should have also canceled the internet?"
- gruez 2mo ago
  >I don't think it's necessary to have wants or plans in place when you point out this kind of thing. It does, otherwise what are you arguing for, that financial crises are bad? >You should also be careful about taking imagined positions to the extreme ..."Does that we mean we should have also canceled the internet?" Right, which is why I posed it as a question.
  - rvz 2mo ago
    > It does, otherwise what are you arguing for, that financial crises are bad? To create a false dichotomy like this tells exactly why we have this problem. I am arguing against the unnecessary over-spending on data centers that has gone into AI, in favor of making efficient models that take less energy, such that less data centers are needed. The blockchains in many cryptocurrencies have found a way to scale and take significantly far less energy, thanks to proof-of-stake (PoS) consensus over Proof-of-Work (PoW). We have seen little to almost none of this with the current frontier AI models which is why they currently need orders of magnitude of energy to operate at scale, which is why the over-spending and debt accumulation on data centers exists.

by gruez 2mo ago

miyoji 2mo ago

> Does that we mean we should have also canceled the internet? In retrospect, I think the world would be a much better place if we'd just turned it off in 1998.

boelboel 2mo ago
Late 90s/early 00s internet would've probably been the sweet spot for utility while causing little harm. Sadly we can't just freeze the internet in time.
- mrxtravgnt1 2mo ago
  Maybe the machines in the Matrix had it right when they said the "height of human civilization"
- throwawayffffas 2mo ago
  Advance-fee scams have been around since the 18th century, internet is not required.
  - boelboel 2mo ago
    I was thinking about more than just scams when I thought of the comment. But I'm probably looking with rose coloured glasses at the early internet.

jackvalentine 2mo ago

I don't think it's necessary to have wants or plans in place when you point out this kind of thing. You should also be careful about taking imagined positions to the extreme ..."Does that we mean we should have also canceled the internet?"

gruez 2mo ago
>I don't think it's necessary to have wants or plans in place when you point out this kind of thing. It does, otherwise what are you arguing for, that financial crises are bad? >You should also be careful about taking imagined positions to the extreme ..."Does that we mean we should have also canceled the internet?" Right, which is why I posed it as a question.
- rvz 2mo ago
  > It does, otherwise what are you arguing for, that financial crises are bad? To create a false dichotomy like this tells exactly why we have this problem. I am arguing against the unnecessary over-spending on data centers that has gone into AI, in favor of making efficient models that take less energy, such that less data centers are needed. The blockchains in many cryptocurrencies have found a way to scale and take significantly far less energy, thanks to proof-of-stake (PoS) consensus over Proof-of-Work (PoW). We have seen little to almost none of this with the current frontier AI models which is why they currently need orders of magnitude of energy to operate at scale, which is why the over-spending and debt accumulation on data centers exists.