Comment by muldvarp
10 days ago
I'd love to see those "gigantic benefits". Currently, the only positive thing about LLMs I hear regularly is that it made people more productive. They don't get paid more (of course), they're just more productive.
10 days ago
I'd love to see those "gigantic benefits". Currently, the only positive thing about LLMs I hear regularly is that it made people more productive. They don't get paid more (of course), they're just more productive.
more productivity at same cost = more stuff, cheaper
More productivity at same cost = More profit for companies.
Also, the cost of most of the stuff I (have to) buy (i.e. rent, groceries, ...) is not dominated by the wage of knowledge workers.
Or to put it differently: If AI makes me lose my job but doesn't decrease my rent, I'm in a really bad position.
> More profit for companies
Agreed. So I don't think it's a bubble.
Will also be good for consumers in the long-term: much faster pace of drug discovery and new tech generally.
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Soo where is that deflation? Bc from what I see all of that extra productivity is landing in the pockets of shareholders
Right, so not a bubble then
I don't think I need email marketing spam or useless apps to be cheaper.
The hard trades and manual labor services we consume for everything that matters daily? That's not going to be made cheaper by AI.
*To sell, not to buy.
This lie is still being spread in economics classes?
No clue
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