ahnick

No, it's nihilism.

The luddites were not rational.

Telling people they should be humiliated and that they should feel unwelcome is hideous.

I didn't tell people to fuck off. I told them to go do what they want to do and we'll do what we want to do. That's called a win/win.

All the nihilism in the AI space is so tiresome. We have a tool now that can accelerate the technological development of our species and actually reach for the stars! How exciting! All these ruminations and lamentations about what it means to be human are downright laughable to people on the front lines of war, living in abject poverty, etc. "Oh, to be so lucky!", I'm sure they'd say.

The luddites and doomers should do the world a favor and go establish a commune in rural Alaska, then they can be happy and the rest of us can get back to building and playing with amazing technology!

Sit on a prop desk?

Extropic?

Look if we are going to raid pensions and 401Ks to prop up the valuation targets of Anthropic and OpenAI longer, then the bubble can stretch further and further, but eventually datacenters have to get built and powered. It's the power generation part that no one talks about. We simply don't have enough power in the United States to scale at the rate that Anthropic and OpenAI need to prop up their absurd valuations. AI is real, but these valuations are not.

TL;DR: Ed is directionally correct, but it's anyone's guess as to the exact timing.

In the meantime I'm not going to complain about subsidized credits from the big labs. :-)

You do understand the genesis of Firefox and Javascript, yes?

Incorrect. It's always been a problem. Go back and look what has happened to the purchasing power of the dollar throughout the 1900s. If the dollar is losing purchasing power you can hedge that loss by buying Gold, commodities or cryptocurrencies. (Basically anything scarce) Also, there are no loans being taken out against the future wealth generation in crypto. That is entirely a fiat phenomenon. Call your Senator.

This is what cryptocurrencies do, but remove the need for an intermediary and codify the rules in software, so it is much harder (near impossible?) for politicians to manipulate the money supply.

It will likely be a cryptocurrency or perhaps a basket of cryptocurrencies. You essentially want a way to store wealth directly on the Internet as it is the fastest and easiest way to reassign ownership of money or collateral. The nice benefit too, then is the U.S. (and no other country as well) is subject to the Triffin Dilemma.

The US is not going to go bankrupt, but the purchasing power of the dollar will continue to go down and down and down.

I'll tell you what is going to happen, b/c it is happening as we speak. The U.S. Government is soft-defaulting on the debt by devaluing the currency. (The debasement rate is somewhere in the 7%-8% range)

There will never be a real default, but it is likely that the USD will lose reserve currency status. The U.S. Government has $114+ Trillion in total debt. (Something like $325,000 per person in the US) We are never paying that off. The only way we can do anything about it is to grow the economy and devalue the debt via inflation.

This societal view that you are a powerless NPC slave to ones desires/addictions is highly toxic. It is not in fact binary for most people and people do have free will to make different choices. To absolve the individual of accountability is to undermine the very fabric of society. The way individuals typically overcome addiction is through reliance on close family & friends. Those family & friends can "take the phone away" or "uninstall the app" if there is really an issue. Laws are a blunt instrument and should be used sparingly.

Alternatively: As a society we don't think ALL minors have sufficient executive function to make those decisions, so we let parents who do make that decision.

The EU Council are some of the worst offenders when it comes to annoying cookie banners. All regulation and compliance do is make things more burdensome for new entrants, which inevitably allows big companies to build moats that don't have competition. The side effect of passing such legislation was easily foreseeable and yet the EU did it anyway. There are legitimate reasons for companies to track and if you felt that the tracking was malicious, then don't do business with the company. The regulation was never needed.