ArtTimeInvestor

10 ms·

91.
by ArtTimeInvestor 1y ago
How do people on HN think about the market? Do you think the market is so efficient that anyone who outperforms it is merely lucky? Or do you think the market is inefficient enough for a person smart enough to be able to outperform it by th
92.
by ArtTimeInvestor 1y ago
Imagine you had a crystal ball that lets you look 10 years into the future, and you asked it about whether we underestimate or overestimate how many jobs AI will replace in the future. It flickers for a moment, then it either says "In
93.
by ArtTimeInvestor 1y ago
It's important to note that compared to human labor, AI is extremely cheap. Society as a whole will produce more products and services and have to work less for this. In other words, products and services will become much cheaper. In t
94.
by ArtTimeInvestor 1y ago
There are two ways to solve this: 1: Earn more and spend less So this number goes up: https://fred.stlouisfed.org/series/FYFSGDA188S 2: Print more money So this number goes up: https://fred.stlouisfed.org&#x
95.
by ArtTimeInvestor 1y ago
It's not that easy. The consent has to be freely given. And data collection has to be kept at a minimum. If hotel staff says "Ok, last step we need to do to check you in is to copy your passport" that would probably neither c
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by ArtTimeInvestor 1y ago
In which country? What were the circumstances?
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by ArtTimeInvestor 1y ago
When was the last time your passport was copied in Europe? I don't think that this is still legal under the GDPR.
98.
by ArtTimeInvestor 1y ago
From the Coinbase website: https://www.coinbase.com/en-de/blog/protecting-our-customers... What they got - Name, address, phone, and email - Masked Social Security (last 4 digits only) - Maske
99.
by ArtTimeInvestor 1y ago
But you can read the books right in the library and learn from them. And you can later tell other humans about what you have learned. Like "Amazing, in a right-angled triangle, the square of the longest side is equal to the sum of the
100.
by ArtTimeInvestor 1y ago
Did this happen to remove potential roadblocks for big tech to ingest all published data into AI models? I think this is inevitable anyhow. AI software will increasingly be seen as similar to human intelligence. And humans also do not breac
101.
Google stock sinks on report Apple plans to integrate AI search into browser(finance.yahoo.com)
4 points by ArtTimeInvestor 1y ago|0 comments
102.
by ArtTimeInvestor 1y ago
Even with consumer GPUs, the AI stack is completely dependent on ASML, isn't it? Thought experiment: What would happen if the Dutch government decided that AI is bad for mankind and shuts down ASML? Would the world be stuck in terms of
103.
by ArtTimeInvestor 1y ago
Future software will mostly be AI. And without the ability to produce their own GPUs, Europe can't become independent of the USA.
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by ArtTimeInvestor 1y ago
Gold works without the internet but it is very slow and cumbersome to ship gold across the ocean to pay for goods. Building out 51% of the world's hashrate is probably possible, especially for a country like the USA who already has som
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by ArtTimeInvestor 1y ago
The Dollar won't work without internet either. Unless you put dollar notes on a ship and send it across the ocean. But that is extremely slow and cumbersome. And having that ship shot down and the notes destroyed is even worse. What do
106.
by ArtTimeInvestor 1y ago
What type of attack do you envision? Say country A trades goods with country B and they pay each other in Bitcoin. Now what could country C do about it?
107.
by ArtTimeInvestor 1y ago
no sovereign government would give away its ability to print money Germany can print Dollars?
108.
by ArtTimeInvestor 1y ago
Gold is cumbersome to handle and prone to inflation as more and more is mined. Just one example that recently caught my attention: Germany is currently discussing how to get back the part of their Gold reserves they have stored inside the U
109.
by ArtTimeInvestor 1y ago
The "United States of AI" cannot produce everything themselves. Name something that is impossible to produce in the USA.
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by ArtTimeInvestor 1y ago
smaller and smaller gains in utility What type of work do you think will still require humans in 50 years? sounds immensely misanthropic I don't think closing our eyes will prevent technological progress.
111.
by ArtTimeInvestor 1y ago
As soon as one country reaches AI superiority, no other country can compete in these areas. We humans are not afraid that apes might annihilate us, right? Even though we have became a pariah species that puts the others into zoos.
112.
by ArtTimeInvestor 1y ago
You already forgot about blockchain It sounds like you lost sight of it. Bitcoin has become one of the top 10 assets in the world.
113.
by ArtTimeInvestor 1y ago
On what time horizon does this happen? My estimation is that it is one or two generations away. Ray Kurzweil thinks about the timing more than me, has a pretty good track record in terms of his predictions, and estimates it to hap
114.
by ArtTimeInvestor 1y ago
You ommitted the part where the US becomes self-sufficient via AI (no more need for foreign labour) and does not care whether other nations become "careful" in dealing with them.
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by ArtTimeInvestor 1y ago
Neither Mistral's nor DeepSeek's AI are on par with what US companies like Google, OpenAI and Grok have. Plus, both rely on US GPUs. So far, it seems like there is no possible future in which the US can be overtaken in AI matters.
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by ArtTimeInvestor 1y ago
There IS a big difference: The USA is able to make the most advanced AI. And that is the one thing that will count. Out of the 4 neccessary ingredients (photolithography, wafers, LLMs, energy) the USA already has LLMs and energy. And is pus
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by ArtTimeInvestor 1y ago
The concept of "labour" will be a thing of the past. Probably within one or two generations. Everything will be done by intelligent machines.
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by ArtTimeInvestor 1y ago
Annihilate how?
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by ArtTimeInvestor 1y ago
The ownership structure only holds if the US respects other ownership structures, eh? No, because ASML is building production facilities on US soil. What real stuff, social networking? Name a thing that the USA will n
120.
by ArtTimeInvestor 1y ago
The cash held in foreign countries is only worth something if those countries produce something of value. If the US keeps outpacing Europe in terms of production of real stuff, there is nothing to get in Europe for the US: https:/&#x2

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