Comment by strken
17 days ago
The difference is that we've more or less hit a stable Pareto front in education and healthcare. Gains are small and incremental; if you pour more money into one place and less into another, you generally don't end up much better off, although you can make small but meaningful improvements in select areas. You can push the front forward slightly with new research and innovation, but not very fast or far.
The current generation of AI is an opportunity for quick gains that go beyond just a few months longer lifespan or a 2% higher average grade. It is an unrealised and maybe unrealistic opportunity, but it's not just greed and lust for power that pushes people to invest, it's hope that this time the next big thing will make a real difference. It's not the same as investing more in schools because it's far less certain but also has a far higher alleged upside.
> The difference is that we've more or less hit a stable Pareto front in education and healthcare.
Not even close. So many parts of the world need to be pumped with target fund infusions ASAP. Only forcing higher levels of education and healthcare at the places where it lags is a viable step towards securing peaceful and prosperous nearest future.
Then why didn't that happen before GenAI was a thing?
I think some people may have to face the fact that money was never going to go there under any circumstances.
> Then why didn't that happen before GenAI was a thing?
Because there was no easy way for the people directing capital to those endeavors to make themselves richer.
Pareto is irrelevant, because they are talking about how to use all of this money not currently used in healthcare or education.
Also throwing money at problems doesn't necessarily solve them. Sometimes problems get worse when you throw more money at them. No matter how much money you throw at education, if you don't use Phonics to teach them, kids won't be able to read. Guess what we use?
Ok, this is mostly irrelevant - education is not one of those problems that money can’t at least massively improve. And lack of direct phonics instruction will leave behind some kids. And if you use phonics without the rest of learning to read, some of them still won’t manage it. One of the reasons that teaching American kids how to read varies is that somewhere between 30 and 60% of kids will figure it out if you just read to them enough. The others have a wide variety of gaps, ranging from hearing or sight difficulties to short term memory issues to not speaking English. Phonics helps a subset of them, but is not enough by itself - and I don’t know who “we” is, but most American schools do and have always taught phonics. The debate is really over the length of time and level of focus it gets, and whether to make 100% of kids sit through it when maybe half of them don’t need it. I’m sure there are teachers out there who just don’t teach phonics but I haven’t seen them.
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> if you pour more money into one place and less into another, you generally don't end up much better off, although you can make small but meaningful improvements in select areas
"Marginal cost barrier" hit, then?
> The difference is that we've more or less hit a stable Pareto front in education and healthcare. Gains are small and incremental;
You probably mean gains between someone receiving healtcare and education now, as compared to 10 years ago, or maybe you mean year to year average across every man alive.
You certainly do not mean that person receiving appropriate healthcare is only 2% better off than one not receiving it, or educated person is noly 2% better of than an uneducated one?
Because I find such notion highly unlikely. So, here you have vast amounts of people you can mine for productivity increase, simply by providing things that exist already and are available in unlimited supply to anyone who can produce money at will. Instead, let's build warehouses and fill them with obsolete tech, power it all up using tiny Sun and .. what exactly?
This seems like a thinly disguised act of an obsessed person that will stop at nothing to satisfy their fantasies.