That seems like a Q3 issue for 2026 let’s put the conversation off till then.
/s
Q3 2026 will come around and the AI will report that revenues are down. The CEO will respond the only way they know, by ordering that costs be cut by laying off employees. The AI will report there is no one left to lay off but the CEO.
Fade to black and credits roll.
The thing is, for AI to work we still need hardware, houses, food etc. Yes a lot of jobs will change but other new type of jobs will come.
Remember at the end of the day AI can’t do CPR
Yet
Here’s the problem with that: it relies on things like the LUCAS CPR assist machine which doesn’t fit on a lot of people. I’ve done CPR on a lot of people, and only a handful of them would have even fit in a LUCAS in the first place.
Tha makes sense. My point was only to refute the “AI can’t do CPR” comment. Every technological breakthrough in history was imagined as impossible by some, so to claim that because something is hard to do means it probably won’t be done has been shown to not be the case
Pathogens don’t really think of what will happen after the body they’re abusing dies
Capitalism is all about short-term profit. These sorts of long-term questions and concerns are not things shareholders and investors think or care about.
Further proof of this: Climate change.
Funny thing is that capitalism accidentaly solves global warming same way as it created it - turns out renewables are cheaper than fossil fuel, and the greed machine ensures the transition to more cost efficient energy sources
The problem is that the previous accumulation of capital has centralized a lot of power in actors who have a financial incentive to stop renewables. If we could hit a big reset on everything then yes, I think renewables would win, but we’re dealing with a lot of very rich, very powerful people who really want us to keep being dependent on them.
They are only slowing us down though. They really cannot stop the change, because solar power is simply cheaper than oil. Once governments stop subsidizing oil, the big oil companies will be done for if they haven’t innovated by than. That is also one of the reasons why they are slowing us down, so they can buy more time to innovate and remain on top with a new, green business model.
I hope all the big oil bosses get locked up for crimes against humanity, but I think they’ll just change their business model into something green and exploit us in some different way.
This is why they say “they’re too big to fail”.
Sort of like how Phillip Morris sells vapes now.
Except numbers aren’t confirming that theory Look at Wikipedia article about growth of photovoltaics https://en.m.wikipedia.org/wiki/Growth_of_photovoltaics
Solar power is booming world wide, consistently since many years. At >20% annual expansion rate, the exponential growth will start putting a dent on fossil within few years.
Everywhere except countries that have subsidized non-renewables which means they’ll become dumber and polluted and regress. And these countries (the US, specifically) have nuclear weapons and a lot of authoritative policy power.
It’s a hopeful idea, but it may be too late.
Should not stop us from trying though
Agreed.
I seriously doubt it’s too late, it’s more of a question how much damage will it cause
This is not “capitalism accidentally solves climate change”. This is the effort of many people pushing for more development in green energy until it was able to be produced at a cost efficient way. From there, capitalism took over, as intended. For green energy to be be feasible, we needed it to get picked up by the capitalist machine, because the capitalist machine has all the power and infrastructure in place to make it into a succes.
I predict that the same thing will happen with large capacity, small size home batteries once they become economically feasible. They are on the brink of becoming profitable and once they do, they will become a huge success and help reduce energy waste.
Same thing goes for fusion, but we’re a long way off making that economically viable.
turns out renewables are cheaper than fossil fuel, and the greed machine ensures the transition to more cost efficient energy sources
Cool, when is that going to start happening? Because I only see a handful of electric cars and I see a whole ton of coal power plants.
Cool, when is that going to start happening?
Apparently right now https://www.euronews.com/green/2024/05/08/a-major-turning-point-more-than-30-of-worlds-energy-now-comes-from-renewables-report-revea
Wow! More than 30%! Global warming over!
These sorts of long-term questions and concerns are not things shareholders and investors think or care about.
Well that’s not true at all. The vast majority of investors are on it for the long term.
They won’t, they’ll simply die and the market will slowly adjust to those with capital.
This is all happening because we shot a gorilla in 2016 btw.
Don’t forget your sacred duty boys, dicks out for Harambe.
It’s the only way to fix this fucked timeline
Why would we need anyone to buy things? Remember that money is an abstraction for resources. If you can do everything with AI, then you already have all the resources you need. Whether or not someone else needs what you produce is irrelevant when you already have access to everything you could want.
Yeaaaah, the issue there is that, that is completely incompatible with our current system of capitalism. If we do not take deliberate steps to transform the system, it will collapse.
It’s no less compatible with capitalism than any other economic system. The idea that humans are no longer needed to do any kind of work is an issue the world has never faced before.
I mean… it’s pretty compatible with leftist ideologies. Especially a moneyless form of socialism/communism
Good. The system is fucked.
Let it collapse and we can work on a new system without hundreds of years of entrenched rich elites deciding it.
Instead of collapsing like a phoenix and birthing a new better world, it will cause death, suffering, and turn us into some sort of fucked up techno fuedalism worse than we are now.
I understand the nihilism, but we need to take the broken pieces we have now and reshape them into something better, not throw them out hoping things become better for no reason. They won’t.
There is literally death, suffering, and we’re heading towards some sort of fucked up techno feudalism today. Like we don’t need a revolution for that, that’s the path we’re currently heading towards without one.
Revolution isn’t pretty but just as when we overthrew monarchs, the end result and saving of future lives justifies it.
Back in the 1980’s they told me it’d trickle down.
…eventually.
They were actually talking about how they were pissing on the living room floor while we’re in the basement.
He peed on the rug :(
I really liked that rug, man. It really tied the room together
Where’s the fucking money Lebowski!
This question was asked, and the answer was “Kill the poor, make line go up.”
Remember when crypto replaced all the banks? It will work like that – by it being a scam that never actually dominates anything, because it’s stupidly energy intensive and actually of very limited utility in practice.
Remember when crypto replaced all the banks?
No, I actually don’t remember that. When did this happen?
That’s my point. It didn’t happen.
Whoever still has money. Either importing wealthy immigrants to replace the American market or they’ll move their products to the markets that still have money.
They’ll be making stuff for rich people.
Well here’s a story written in 2003 about exactly that, that I find myself thinking about more and more often
The rich. Companies will stop targeting products to wider and wider swathes of people, just like nobody caters to the homeless now.
This doesn’t sound sustainable at all. A billionaire only needs so much gasoline, food, medicine, TVs…
Collapse of entire industries will happen way before we even get a chance to see industries reinvent themselves to cater to billionaires. Don’t believe me? Just look at what happened to the economy during the pandemic.
Yeah of course industries will collapse. 100 car factories will close, 5 superyacht factories will open, tying up the same amount of productivity. Owned by the same guy.
There will be tons of spacecraft launchpads, private jet hangars, etc.
And wars of course.
Well, in the purely fictional hypothetical that an LLM could advance to the point of reliably replacing humans without a stark loss of quality and marginal cost-benefit before legislations step in to make the cost of increased power consumption and environmental damage reflect on what these companies pay in:
Their will be an owners class who have stake or claim over facilities and technology to utilize the AI, and then there will be an everybody else who have to fight tooth and nail politically for basic human rights as well as shelter and food. Just the current system but whether it’s that much worse or better depends on how well our democracies function.
An llm will never be able to do this. Unfortunately the word AI has been hijacked by companies and marketeers. Ai now means just about anything really.
They’re actually coming up with new words to describe what AI used to mean such as AGI, which stands for artificial general intelligence.
To elaborate on the premise of this post, The boost that we’re going to get from an actual artificial intelligence one that is perhaps sentient will be so much that the tasks that were once performed Will become so mundane and menial that it will not make any difference who performs those tasks or if they’re even being paid to do so.
In the same sense that the printing press removed the necessity for scribes, at least for the majority. Or the firearm displaced the bow and arrow as the dominant weapon.
Eventually, what general artificial intelligence will give us is a world free of our Faith-Based monetary system currently dominating the world.
In essence, we shouldn’t need money after general artificial intelligence is implemented.
The real answer is no one. They will quickly realize that at the root of the economy are the regular people, and since the economy is a cycle, when you cut off a part, the cycle doesn’t work anymore.
People (doomers) here are saying businesses and rich people will, but this can only, work for a limited time, because either the products will shoot up in price since only the rich can afford them, or the businesses won’t be able to sell their products, so they can’t buy new things, which means no more revenue to the shareholders.
Think of all the companies that live from b2b models, when you look closer, they are all at some the suppliers of b2c businesses, except, maybe military companies. That company that makes the lithography machines (asml) only sells to other businesses such as tsmc. Tsmc also only sells to other businesses, but they sell to businesses that sell to consumers.
i don’t think prices will shoot up, it’s just the wealthiest will have accumulated the absolute most amount of wealth they possibly could. Everything would crash but they would own everything. That’s of course if AI can fully replace us and produce everything that humanity needs practically forever but behind a paywall.
That doesn’t matter because they won’t be here by the time that happens
