Unless you destroy their wealth now.
The Gartner Hype Cycle [0] is real, and ubiquitous. We are teetering somewhere near the top of the Peak of Inflated Expectations, about to plunge into the Trough of Disillusionment. A lot of very rich people are about to lose a lot of money, and we can only hope that they don't get bailed out (again).
Then, once the bubble and hype is over, the long, slow work of actually doing useful things with this new tech starts. That's when we'll see it affect everything else.
I've done multiple life choices, away from AI, believing it to be a hype, but this hype is still growing, still not dying.
Both in 2019, as well as in 2023, i.e. not 2 or 3 months ago.
I, personally, think that choosing to move away from hyped tech is probably a mistake. The trick (imho) is to accept that it is hyped and will collapse, and use it while it makes sense to use it. Just don't bet everything on it. Have a backup ready.
I've been hearing this for a year and a half now. That word, "ubiquitous", is getting real mighty challenged. I have tried to insulate myself as best as I could and it just never happens and every other day I wonder if my foil hat needs adjusting. Does yours?
Even if all this is true (personally I doubt it), it assumes the bubble won’t burst before they’ve shifted the money from all our 401ks, IRAs and index funds into their own pockets.
Regardless, people have been making your prediction for a couple years now
You’re implying that the deep lizard state planned the LLM craze?
Sama might be a lizard..
I'm sure the same "strategy" will work again, but this time around everyone has nukes and drone swarms and AI-equipped bio labs so shit's gonna be lit.
And, r is the return on all assets, not just the s&p 500, and 1 year of returns means nothing...
Capital isn't immune to supply and demand, but we do not live in the just and good universe where this leads to a Kuznets Curve. The Kuznets Curve fails because capital is in control of the economy and the politics and once it tastes high returns it fights like hell to keep them. Fights and wins. Every wise lever to pump r gets pulled, and then the unwise levers get pulled, and then the evil ones get pulled, and then the evil and stupid ones get pulled. Which brings us back to my claim, the one that answered yours earlier but you subsequently ignored:
> The problem isn't that r>g fails to unwind, the problem is what the unwind looks like.
Last time it looked like WWI/WWII. What do you think it will look like next time?
Anyone can parrot Piketty. Anyone with half a brain knows he is a hack.
You're gonna have to diddle those numbers harder if you want to get rid of r>g.
I'm not the one making up numbers...
You can't invoke market mechanisms to defend a post-scarcity scenario.
Why would the ai owners make things cheaper or even available at all once their abundance machines give them everything they want?
What would they get out of if it? What could ordinary people trade for it that their abundance machine can't give them already and that would be worth giving up their monopoly on productive force?
You can't argue "this will change everything" and "this is how it's always worked" simultaneously, and yet AI accelerationists bring out both to defend their ideology.
Luckily I did not, you are arguing against points I did not make at all.
Either way though, what's more interesting than what you specifically said is that AI boosters have no answer to this structural argument about the reality of post-scarcity. Tellingly, you didn't address that part of my comment at all, either.
You've fished a comment from completely different discussion, where a point was that if AI were to displace workers, it would be different than previous waves of automation (and there meeting these capabilities was assumed, not put forward by me). But in this thread it's more down to earth discussion about manufacturing capabilities if there is no ASI. But sure, I'll bite - yes, capitalism won't work in post-scarcity society. But we are not leaving in post-scarcity society and in our current situation capitalism is amazing system. If capitalism would get us to post-scarcity society then well, you'd have to admin that capitalism is amazingly effective. Your assumption about AI-rulers (I presume altman and amodei, not governments) having abundance machines and not sharing the abundance with anyone else is really without any merit. For this scenario to work we would need to meet few conditions that are so unlikely that it's not really worth entertaining them seriousl: 1) powerless government 2) actual ASI that's abundance machine 3) ASI that's perfectly aligned towards serving altman and amodei and none else 4) altman and amodei deciding that everyone should be poor. And also as someone who I guess you'd call AI booster (so a person that's not deluded about AI capabilities and sees how powerful they are and how current concerns with AI such as water use are overblown) I can tell you how I address this - you can't stop progress. It never worked and never will. I think world would be better if we would've stopped developing AI. But it's impossible so you might just embrace it.
I will freely admit that. But that's not the critique. Effective at what? Cancer is effective. Effectiveness for its own sake is not an inherent good. Capitalism is amazingly effective at centralizing power in a few oligarchs.
> Your assumption about AI-rulers (I presume altman and amodei, not governments) having abundance machines and not sharing the abundance with anyone else is really without any merit.
It's not an assumption. It is a structural argument. You have not addressed any of my points - why would they share?
> 1) powerless government
The government doesn't need to be powerless. It just needs to be aligned with the oligarchy. I would posit that is already the case - see basically anything the regime does.
> 2) actual ASI that's abundance machine
Yeah I agree with you there, I'm not sure that one's gonna happen, but what if it does? Under current ownership structures, it would be a bad thing.
> 3) ASI that's perfectly aligned towards serving altman and amodei and none else
Maybe Musk. Maybe Zuckerberg. Probably also Trump, as per 1).
> 4) altman and amodei deciding that everyone should be poor.
Their fellow oligarch Musk literally cut USAID which was providing for the poorest, most vulnerable people on Earth, while he was the richest man on Earth. You do not become a billionaire by caring about the poor.
> you can't stop progress. It never worked and never will
Of course you can. Some examples: Civilian Supersonic Flight, Genetics under Lysenko, Firearms in the Tokugawa shogunate.
Rather: these problems are not solved because there are not enough geniuses who are capable of convincing the masses to send the responsible politicians to hell.
People support policies that make housing much less affordable (e.g. rent controls) and oppose policies that would make housing more affordable (e.g. zoning reforms). Saying that it's evil politicians that cause this crisis is dishonest - it's what people want.
"Convincing the masses to send these politicians to hell" is thus nearly isomorphic to making the masses hate politicians who create such laws, which at least very likely implies that by convincing the masses to send these politicians to hell, a different mindset emerges in the masses.
Yes and general population LOVES these laws, even though they are harmful to them. But anyway - you've got your causality reversed - it's voting masses that incentivize rent controls and other shitty politics. Remember that to implement your policies you've got to actually win elections. And since people generally don't understand n-order effects for n>=2, it's really easy to win elections with populist policies.
I can only say that in Germany, where I live, in my gut feeling the situation is very different: politicians imposing various laws "for the common good" and many parts of the populations hate these laws because this implies even more red tape.
The amount of housing in the city won't grow but it will free up a big part of peoples income that would otherwise go to landlords. That helps the local economy with more consumer spending, and makes it easier to save up or apply for a loan so you can start a business.
You get a better economy and more money in the average persons wallet without raising taxes. The only ones who lose are commercial landlords, and they will stay profitable by design so it's easy to shut down any complaints. And you get better quality apartments as a side effect because the only way to get more money out of existing properties is to spend more on fixing them.
> The only ones who lose are commercial landlords, and they will stay profitable by design so it's easy to shut down any complaints.
No, also people who would like to move into city would lose, because that would become literally impossible. You'd have like 15 years waiting lists for housing.
> And you get better quality apartments as a side effect because the only way to get more money out of existing properties is to spend more on fixing them.
Why would anyone fix apartment that's under rent control? If you mean system like in Berlin, then I've got bad news - people there are actually frequently not allowed to renovate even THEIR OWN apartments.
The City of Vienna is the largest landlord in Europe. It is also the only capital in Europe without a stifling rent or housing crisis.
so, how do you think we can do this?
For a lack of deep knowledge in this area, I don't think I have answers for this, but if one is interested in working on this problem, my approach would be to start with diving deeply into scientific literature about psychology and sociology to find out
- what convinces people to change their opinions,
- what causes people to take action
etc.
So when I think of going through any media like scientific publications, I wonder how to discern and point out the captured and biased media vs the more objective ones (or at least the ones that don't have a hidden financial motive behind them). I wish our scientific community had better disclaimers and traceability for financial influence in every paper we could read.
This is exactly the hard part: a topic which many people in more applied scientific disciplines worry about. Welcome to the real word, Neo. :-)
Again, I don't have definite answer, but rough guidelines are:
- is a result too good to be true?
- is some result coherent to results that are much more established?
- why would you assume that the author is unbiased or biased? (biases not only have financial reasons)
- which agenda does the author have (yes, deep pursuit for scientific truth is also an agenda? Nobody is free of an agenda)
- does the author make an effort to explain how the findings could be explained in an alternative way that makes the result look much less impressive?
- could the results be reproduced in other labs?
- which is the minimum amount of facts that you must believe in (like axioms) such that the result holds?
- ...
The hard part is indeed that we have to exert all this effort to get past the noise that I (and maybe you) feel a responsible author should have already done for us.
And with AI: I was hoping it would help us filter through this noise. So far, I feel lost in how to use AI to help me filter through prejudice and bias, and hidden motives and intentions, when the very filters given to us in the mainstream AIs we are sold are doing that same very bias and incoherency and hidden agendas. I retain my hope, however! Thank you for some solace and inspiration here, friend!
You can be smart and chase the money, but it's crazy hubris to assume that only your peer set of money-chasers are smart.
It's a small leap from there to "since we're the only smart people, we should get to have the most influence."
Kinda seems true. And the worst people in history often don’t seem super dumb, despite their various other defects.
If you aren't female (reproductive rights), LGBTQ+, an immigrant now hunted by ice, someone in need of SNAP, Medicaid, or emergency aid in a blue state, it might feel like both are the same I guess. If you are one of the above, and now suffer because so many voted based on 'both are the same', you very much feel a difference today than from the US under Biden. If you were one of America's allies but are now constantly attacked, you feel a difference today. If you are Ukraine, you feel a difference today.
I suppose there was Project 2025, and there was that book about the inevitability of Russian hegemony (or empire or something) that Putin liked. Those got attention with influential people. Not sure what to conclude from that.
I could talk about this for hours, and was last night actually.
What do vanguardist communism, feudalism, liberal democracy, and fascism have in common? A shared belief that the general population is composed of a bunch of dumb dumbs that need super smart (read: politically educated) people to "lead" them.
Seems subjective. When is the smartness, big smart enough to allow someone to enter the hallowed ranks of "actually a real human allowed to speak for the masses?"
There does seem to be a clear delineation between the people you hear about (the vanguard in our example), and the people you don't hear about (the masses): willingness to create confrontation. Most people want to just go with the flow, live in peace. In a dichotomy I've been calling "choose peace or violence," they choose peace. They choose to see bad things in the world or their life and focus on managing their happiness around it.
I think that this is the default human mode of existence, and that this mode lacks defenses against people willing to violate the default peace. Imagine a bagel line, and someone cutting that line, and when tapped on the shoulder, the cutter breaking into a huge tantrum, and people in line backing down with a "Jesus! It's not worth it, fine." Thus some people learn that they can be much more selfish in life if they're willing to create confrontation and disturb the peace.
When I talk to people about agitation, civil disobedience, or even just unionizing, the most common thing I hear is anxiety. What if the situation gets worse, what if there's reprisals, what if I lose this little bit of comfort that I've managed to be happy with? That slice could get smaller and smaller but people aren't willing to take the step to say "enough is enough" because I think it fundamentally goes against human nature, we have to sacrifice our own happiness on some level to put our foot down and demand or make change. At minimum we have to acknowledge the discomfort or injustice, which is a diversion from our constructed internal peace.
Personally I think people should be allowed to live in peace. Maybe the liberal democrats and vanguardist communists are right, maybe most people shouldn't need to trouble themselves with the greater direction of their society. However I think the stability this promises is false; in fact I think all stability is false. I think this constructed peace that people are afraid to disrupt clearly can be torn apart at any moment, not just by people willing to create conflict, but by a literal earthquake, or fire, or plague. Therefore I think there's a couple societies in history that got it right: ones who distributed the responsibility of society across all individuals in the society; namely the brief period of syndicalized Spain, and the several hundred thousand years of certain tribes of native Americans on the eastern portion of the continent. There may be other societies in history, these are just the cases I've been able to read about so far.
It seems to me that it's possible and necessary for all people to be ready to wake out of their constructed peace long enough to make adjustments together to maintain it. I don't think this is the same thing as them being "led out of it," I think this is each individual being on some level alert to the need to spontaneously say "no, here we wait in line for our bagels. No, screaming about it won't help you, get to the back of the line. Look around: everyone is laughing at how silly you look."
That was not premise of fascism. Certainly not Hitlers one, he himself was self-taught and did not framed himself as highly educated. He considered himself better then educated people. The origin of his superiority was not "smart" it was "strong will and power itself".
It was not the original premise of feudalism either. That was was about military might, basically.
And origins of liberal democracy are not "smart based" either.
I’m not sold, but I’ve heard this line of thinking many times
When I asked why Musk doesn't put his money towards non-profits my Musk supporting friends say it's because he "doesn't believe anything but for-profit entities can solve the world's problems".
So why isn't he solving homelessness, famines, war, etc. with capitalism?
Strangely, they never discuss the possibility that Multivac might seize all their wealth and cast them down into average-ness. What if it actually comes about, but then it tells us to do the things we already refuse to do?