Comment by jstanley
5 days ago
If you're time-poor maybe you're not as rich as you think.
The richest person I know talks to robots all the time.
5 days ago
If you're time-poor maybe you're not as rich as you think.
The richest person I know talks to robots all the time.
> The richest person I know talks to robots all the time.
I've noticed this too, but I always thought of it as mostly people fooling themselves.
If you're rich (let's say anywhere above 10mil), it's practically guaranteed that you can allocate resources in such a way that more effective engineering, or science, or whatever, is done in less time than if you tried to do it yourself (rather than spending your time allocating capital). I've actually thought of this as a bit of a curse: the value of a rich person's labor output is inverse to their net worth. No matter how smart, you're not smarter than a crack team of Ukrainian/vietnamese/taiwanese/Indian scientists/engineers/whatever, and the more rich you get the more you can stack your crack teams, either paying higher salaries for higher skilled people or building bigger teams.
I think there's maybe 100 outliers to this rule in the world, people like John Carmack. I mean I assume he's rich.
I don’t think John Carmack likes to tell people what to do, regardless of wealth.
https://news.ycombinator.com/item?id=26170052
I'm not sure that he doesn't like to, so much as that the position he ended up in as a result of the Oculus acquisition had no actual authority attached to it. He was functionally a glorifier adviser, to trot out at trade shows (and reading between the lines, this was a pretty frustrating position to end up in - he'd rather have had a real job, even if it was to build something he didn't fully agree with)
So what, the richest person I know talks to DMT jesters, it doesn't make it good.
The richest people I know talk to a range of people like personal assistants, but really the PA is valued for getting things done reliably and in the real world with any needed resources. Even calling in experts as needed - of course they may indeed talk to an AI too
Nah, they're right. In fact, "self-service" is one of the biggest value transfers from people to capital owners, a society-wide "fast one" the computing industry pulled over everyone.
It's cool that you can do something yourself with a computer, whether it's ordering food or picking clothes or booking a trip. But, market doing market things, that can quickly became a have to, which is much less cool.
It's a problem that's hard to see until you're certain age (and therefore easily dismissed as whining of old people yelling at cloud(s)) - it's because most people in the west start with no money and lots of free time to burn, and gradually become extremely time-poor as their start working and accrue responsibilities (and $deity forbid, start a family).
Correct.
The smartest people in academia get promoted to positions that used to come with administrative staff.
Now they’re expected to do all of that with a computer, which is easy right?
So now they spend 30% or more of their time administrationating their position, rather than delegating those duties to their admin staff.
That’s less time teaching and innovating.
Meanwhile, the increase in administration costs of learning institutions has massively outpaced all other costs as a fraction of total.
Same is true in all white-collar work, too. I mean, not to look too far, it's very obvious in our own industry if you look for it. Highly-paid engineers hired for high-skill engineering work, but spending most of their time doing their own task management, calendar management, memo writing, presentations, trip planning, trip expensing, filing HR documents, and such? Heck, even the proliferation of ideas like "devops" or "devsecops" or whatever-ops, lauded as breaking down siloses, is just using buzzwords as cover for another iteration of headcount reduction.
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Yeah, the bit where there are 10x as many administrators in higher education, but professors now all have to do their own admin, always drove me up the wall
That is more money for the baseball team
All of the demos of booking travel using AI are hilarious to me. This used to be a job a travel agent did, and planning a trip was either a fun conversation or you could be like "send me somewhere warm" and let them do it.
Is it cheaper now that you can swear at flight booking software yourself, and scream at the hotel when they cancel your rooms that you got from a third party site that went through some other intermediary that bought the rooms at a group rate they shouldn't have been allowed to buy it at? Sure, it's cheaper. Is it better? Well, they want you to believe that. You have unlimited choice now. Oh sure, all the web searches and ads are targeted in a way that you're going to end up at the same place a travel agent would have put you, but you can perceive the freedom of choice along the way!
> Oh sure, all the web searches and ads are targeted in a way that you're going to end up at the same place a travel agent would have put you, but you can perceive the freedom of choice along the way!
And you can enjoy all the risk and liability for mistakes made along the way, too, which is where the actual optimization happened in the economy.
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By choice. Your friend is presumably wealthy enough that they could talk to a human instead, or completely delegate whatever they’re talking to AI about and never talk of it further.
Oh I am not speaking from experience here, I'll clear that up.
Also the original saying used rich people but I think it better pertains to busy people in general.