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Comment by lkbm

2 months ago

Reminder: Prices regularly drop in capitalist economies. Food used to be 25% of household spending. Clothing was also pretty high. More recently, electronics have dropped dramatically. TVs used to be big ticket items. I have unlimited cell data for $30 a month. My dad bought his first computer for around $3000 in 1982 dollars.

Prices for LLM tokens has also dramatically dropped. Anyone spending more is either using it a ton more or (more likely) using a much more capable model.

Education, health care, housing...

  • These have all fallen massively in price, too. Many billions more afford education than was possible before. Economies of scale have brought manufacturing costs for housing down, and now people live in larger, better structures than ever before.

    Then you have the US, which artificially constrains the supply of new doctors, makes it illegal to open new hospitals without explicit government approval, massively subsidizes loans for education, causing waste, inefficiency, and skyrocketing prices in one specific market…

    Fortunately fewer than 4% of humans live there.

  • Yes, some things go up in prices. Would you conclude from that fact that no prices go down? Because that's the claim I'm responding to.

buzzer sound

Zero incorporation of externalities. Food is less nutritious and raises healthcare costs. Clothing is less durable and has to be re-bought more often, and also sheds microplastics, which raises healthcare costs. Decent TVs are still big-ticket items, and you have to buy a separate sound system to meet the same sonic fidelity as old CRT TVs, and you HAVE to pay for internet (if not for content, often just to set up the device), AND everything you do on the device is sent to the manufacturer to sell (this is the actual subsidy driving down prices), which contributes to tech/social media engagement-driven, addiction-oriented, psychology-destroying panopticon, which... raises healthcare costs.

>Prices for LLM tokens has also dramatically dropped.

Energy bill.

  • buzzer sound is an incredibly obnoxious way to start a comment and all you did after that is present yourself with exactly as much dignity as you deserve in return.

    • "Reminder" is just as patronizing and probably the cue I was responding to. I don't regret it, because on top of meeting his "obnoxious" framing with my own, the substance of my reply was also more correct. Your busy-body response was even less necessary and I hope that my refusal to take a conciliatory tone vexes you further. Have a nice day.

      3 replies →

  • > Food is less nutritious

    You can buy the exact same diet as decades ago. Eggs, flour, rice, vegetable oil, beef, chicken - do you think any of these are "less nutritious"?

    People are also fatter now, and live much longer.

    >you have to buy a separate sound system to meet the same sonic fidelity as old CRT TVs

    When you see a device like this does the term 'sonic fidelity' come to mind?

    https://www.cohenusa.com/wp-content/uploads/2019/03/blogphot...

    • >do you think any of these are "less nutritious"?

      https://pmc.ncbi.nlm.nih.gov/articles/PMC10969708/

      >When you see a device like this does the term 'sonic fidelity' come to mind?

      Your straw man is funny, because yes, actually. Certainly when it was new. Vintage speakers are sought-after; well-maintained, and driven by modern sound processing, they sound great. Let alone that I was personally speaking of the types of sets that flat-panel TVs supplanted, the late 90s/early 2000s CRTs.