Comment by keeda
4 months ago
The thing is, there are many interplaying dynamics here that are impossible to unravel. This is why I called it "napkin math", because figuring out the full ramifications of this change is a pretty large economic problem that nobody has figured out!
For instance, I think operating at this level of productivity is unsustainable (https://news.ycombinator.com/item?id=46896066)
There are many more dynamics at play of course, but I think an equilibrium will be found purely because everyone is incentivized to find a solution (UBI?) that keeps both the elites and the plebes living long and prospering. I expect some turmoil, but luckily, the severe resource crunch of GPUs gives us time to figure things out.
What I gather from your analysis and gleeful exclamation marks is that I should start rioting now rather than wait.
Hah, interesting, I intended my exclamation marks come across as surprise or emphasis rather than glee!
If it helps better interpret my posts, these days my frame of mind is "We're living in very interesting times" in the sense of https://en.wikipedia.org/wiki/May_you_live_in_interesting_ti...
It’s all so interesting!
Have fun watching the car crash.