[HN Gopher] All the existential risk, none of the economic impact
       ___________________________________________________________________
        
       All the existential risk, none of the economic impact
        
       Author : paulpauper
       Score  : 79 points
       Date   : 2024-07-22 16:24 UTC (1 days ago)
        
 (HTM) web link (www.theintrinsicperspective.com)
 (TXT) w3m dump (www.theintrinsicperspective.com)
        
       | daft_pink wrote:
       | I think that the AI companies will not reap all the benefit of AI
       | like the car companies with exception of a few winners didn't
       | reap the rewards of vehicles. I think that average human beings
       | will receive the benefit of AI as I am spending $20 per month,
       | but reaping huge rewards from writing the emails and documents
       | that I write with them.
        
         | refactor_master wrote:
         | > (...) reaping huge rewards from writing the emails and
         | documents that I write with them
         | 
         | But _are_ most people reaping huge rewards though? The article
         | seems to suggest otherwise.
         | 
         | I'm not saying it's useless, but we forget that humanity has
         | survived with Grammarly, or Word, or dictionaries before that.
         | 
         | I will agree that ChatGPT strikes gold at a marginally higher
         | rate than Google, but hardly orders of magnitude more. Both
         | automation and documentation have existed and continue to do so
         | in many forms.
        
       | julienreszka wrote:
       | They want to buy the dip that's all. Anybody who actually uses
       | the models with a good workflow ( specs=> unit tests=> function
       | that passes ) sees the benefits
        
         | prisenco wrote:
         | Can you point to a published step-by-step workflow that you
         | consider good?
        
         | nevinera wrote:
         | I used the models with a good workflow, but found them less
         | than helpful. But I think that if I worked in a less expressive
         | language I'd be very enthusiastic.
        
       | hnthrow289570 wrote:
       | This makes sense to me at the moment because these AI products
       | are enhancements, not entire replacements.
       | 
       | But even if they were replacements, companies do not suddenly
       | drop all of their current processes and rewrite them from scratch
       | using new shiny tools. And most companies are too slow to do that
       | within the 2 years that ChatGPT/Stable Diffusion have been out
       | anyway.
        
         | chasd00 wrote:
         | Also, things like LLMs are radically different than the assign,
         | compare, iterate logic of current digital systems. LLMs are
         | based on probabilities with no guarantee from one input/output
         | combination to the next. It's pretty hard to model a process
         | with an AI when there's no guarantee it will follow the
         | process. Businesses are going to really struggle to adopt LLMs
         | across their whole business like everyone is promising.
        
       | incomingpain wrote:
       | Every new tech breakthrough has the 'it's going to destroy us,
       | think of all the stable boy jobs that will be lost.'
       | 
       | Ultimately everything working out just fine. AI is not going to
       | doom us.
       | 
       | AI's gardening skills are so bad, even the weeds can't grow.
       | 
       | Doomsayers can now downvote me.
        
         | klyrs wrote:
         | > AI's gardening skills are so bad, even the weeds can't grow.
         | 
         | Yeah, the future is farming and mining, because AI is trained
         | on all the fun jobs. "Stable boy," my ass.
        
         | mywittyname wrote:
         | Past performance is not guarantee future results. For example,
         | hopefully this argument wouldn't fly with an education person,
         | "we've been pumping CO2 into the atmosphere for like 200 years
         | now, ultimately everything is working out just fine."
         | 
         | It would be foolish to ignore the potential economic impacts of
         | Gen AI. And just because we don't see the effects in the data
         | right now, doesn't mean it won't happen.
        
         | moandcompany wrote:
         | AI learned that electrolytes are what plants crave. Enough
         | people on the internet said so.
        
         | acuozzo wrote:
         | https://en.wikipedia.org/wiki/Normalcy_bias
        
       | blueyes wrote:
       | Another Luddite take from someone who clearly doesn't engage the
       | technology directly either as a builder or a seller.
       | 
       | It takes years to decades for new technologies to achieve their
       | full effect. Factories based on steam had to be rebuilt around
       | eletricity. That took decades. It will take time to rebuild large
       | operations around AI.
        
         | jerf wrote:
         | I would also agree that the impact of AI, even in the best case
         | scenario, will play out over years because it will take time to
         | integrate even perfect AI into our processes. A world running
         | on COBOL is not going to spin on a dime and run on AI, and I
         | don't mean that sarcastically at all. That the world still runs
         | on COBOL is an important data point in how quickly we can move
         | things.
         | 
         | In fact I consider this rather obvious and borderline self-
         | evident to a careful thinker.
         | 
         | However, the AI stocks are priced as if they are going to reap
         | all the benefits, if not today, then perhaps even about a month
         | or two ago. They are priced as if the current incumbents are
         | the inevitable inheritors of all the promises, because the AI
         | world is going to move so quickly to reap all this supposed
         | value that there isn't even _time_ for other companies to move
         | in and displace nVidia. They are priced as if that productivity
         | curve has already started to shoot up and it 's just the
         | beginning.
         | 
         | If the curve isn't even budging, then the AI world is going to
         | need to be seriously, _seriously_ repriced. If AI is going to
         | change the world, but in five years rather than five months,
         | and gradually rather than all at once, then the time value of
         | money implies that the value to be captured in today-dollars is
         | much, much smaller. In five years, nVidia 's AI may be getting
         | stomped by a startup that hasn't even been founded yet; I'd
         | give it low odds, but meaningfully non-zero odds.
         | 
         | Whether I'm an "AI skeptic", I don't know. But I absolutely am
         | an AI _bubble_ skeptic. I haven 't seen any evidence that the
         | value creation is emerging at anything like the rate the bubble
         | pricing implies. It'll probably arrive, but a lot more
         | gradually than the market is currently believing.
        
           | Terr_ wrote:
           | > However, the AI stocks are priced as if they are going to
           | reap all the benefits, if not today, then perhaps even about
           | a month or two ago.
           | 
           | Yeah, there's actually a huge amount of metaphorical
           | territory--if sparsely populated--between "optimistic about
           | AI in a general sense" versus "believing all of today's
           | market/startup hype".
           | 
           | However it feels like the window has been dragged so far to
           | the hype-side that anything less than breathless stock-buying
           | while waving a _The Singularity Is Near_ sign will get you a
           | "pessimist" or even "Luddite" label.
        
         | mordae wrote:
         | Right now, there is nothing to build around, though.
         | 
         | When you have an engine that consistently provides torque
         | better and cheaper than humans or animals, you can literally
         | build a factory around it. ML tools are currently something you
         | occasionally try in case it gets you on track faster, but you
         | need to have a fallback to rely on. There is nothing consistent
         | about it.
         | 
         | At least yet.
        
           | humansareok1 wrote:
           | >There is nothing consistent about it.
           | 
           | Apparently you haven't worked with many humans...
        
             | cowboylowrez wrote:
             | >Apparently you haven't worked with many humans...
             | 
             | this goes the other way too, AI that trains on data from
             | humans, well you're going to get the same sort of
             | reliability haha
             | 
             | We get the best results from neural networks on closed
             | systems with an infinite supply of training data (think how
             | successful alpha zero was at chess, it simply trained by
             | playing games if I'm not mistaken.)
             | 
             | Neural networks are an incredible tool. AI as a chatbot
             | trained on human input is going to probably just simulate a
             | lower quality human being that hallucinates more than
             | normal lol
        
               | humansareok1 wrote:
               | Of course but having an expectation of 100% reliability
               | from AI when Humans aren't even close to that seems
               | misguided.
        
         | gumby wrote:
         | I didn't read it as a luddite take so much as a long winded
         | description of what you say: there's a lot more latency in
         | technology adoption (or even understanding by those who are
         | developing it) than most people recognize.
        
         | te_chris wrote:
         | That's his point! And doing that invites the x-risk while also
         | making things worse due to the stochastic nature of the models.
         | 
         | I work in AI and I think he's right to a degree.
        
       | cbsmith wrote:
       | The first comment I saw nailed it for me: in the 80's and 90's
       | there was lots of investment in computers as the PC revolution
       | took off, and the productivity gains were minimal. As with all
       | new technologies, it takes a while for there to be macroeconomic
       | scale changes to industry, and those changes aren't going to come
       | without the up front investment. This article (and frankly, much
       | of society) is looking at the ROI on the wrong time scale.
        
         | levocardia wrote:
         | Ditto for electrification of factories. It took a decade or
         | more for productivity gains to improve.
        
           | lesuorac wrote:
           | I think that's mostly people have a poor mindset.
           | 
           | They think I have this workflow of A->B->C->D and how do I
           | improve "B" using technology. Instead you should have
           | something else of A->E->D where E wasn't possible or maybe
           | just not practical.
           | 
           | You don't want to use technology so that you can type keys
           | faster; eliminate the typing of keys process.
           | 
           | A lot of the current GenAI is around making images and
           | summarizing text. Those largely aren't real business
           | objectives. If you make a powerpoint 70% faster does that
           | really close a sale 70% faster? I highly doubt it.
        
             | TylerE wrote:
             | Powerpoints? No. But if it gets good/easy/reliable/cheap
             | enough I can see a lot of applications. Imagine storing
             | incoming customer emails and being able to fish out all
             | emails complaining about, say, slow shipping, even if they
             | don't use that exact phrase.
        
               | chasd00 wrote:
               | > fish out all emails complaining about, say, slow
               | shipping, even if they don't use that exact phrase.
               | 
               | isn't that just vectorized or "semantic" searching
               | though?
        
               | jazzyjackson wrote:
               | honestly fuzzy search in semantic space would be a huge
               | step for most companies to retrieve relevant docs
               | 
               | windows is still exact string match but at least allows
               | partial or reordered string match
               | 
               | filtering an excel column is exact substring only
        
             | ilaksh wrote:
             | Funnily enough, I happen to be currently working on an
             | agent application where the goal is to generate a
             | PowerPoint faster. Right now it takes about a week. We
             | should be able to do it in less than 5 minutes. We could do
             | it faster, but I am actually reading and manipulating Excel
             | and PowerPoint examples to make it easier to change the
             | process or adapt the tool calls to other applications, just
             | by editing the instructions and rough templates.
        
             | cbsmith wrote:
             | A lot of the 80's adoption of the PC meant that people did
             | the same presentations but they looked better. ;-)
             | 
             | In fairness, it's not just mindset. It takes a while to
             | understand technology _and_ figuring out how it can be
             | effectively harnessed. A- >E->D isn't achieved simply by
             | realizing you can do that. There's a whole sequence of
             | steps to change the shape of A,E & D to make that happen.
             | 
             | But you're right, a lot of GenAI right now is not being
             | used for things that are real game changers. This is the
             | first step to establishing the foundation from which the
             | real game changers will spring.
        
       | talldayo wrote:
       | > the longer AI takes to show up in any positive economic
       | indicators, the more it becomes the case that AI has brought
       | increasing existential risk in exchange for minimal upside.
       | 
       | No? None of that is predecided. You are concluding that based on
       | vague threats made by people who are "in the know" that can't
       | even substantiate their own fear when confronted over it.
       | 
       | Existential risk comes from when us, humanity, trusts our own
       | lives in something that is faulty. The solution is to not use or
       | design around fault-agnostic systems, not to fear scenarios where
       | stupid people make mistakes. AI is not red mercury, it is not a
       | magical force multiplier that terrorists use to make lunchbox
       | nukes.
       | 
       | I'm getting so tired of HN submissions like this that throw an
       | alarmist opinion over the fence like this guy is secretly onto
       | something. This is bunk.
        
         | JumpCrisscross wrote:
         | It's a somewhat hilarious _non sequitur_ , equating uselessness
         | with existential risk. Like, my cat is also failing to show up
         | in national economic indicators.
        
           | psd1 wrote:
           | No it isn't; it's two separate premises, which the author
           | uses to synthesise a conclusion. Both premises are required
           | for the conclusion.
           | 
           | Neither premise is settled, and if you disagree with either,
           | you're welcome to discard the conclusion. But you can hardly
           | expect a blogger to start from first principles in every
           | post.
        
       | abeppu wrote:
       | I saw some blurb (I can't find it now) about the optimal time to
       | launch an interstellar probe, and the punchline was that
       | embarking too soon means you will be overtaken by a later vehicle
       | which launched later but with better tech. When the rate of
       | technological progress relative to the duration of a mission is
       | above some threshold, it's rational to do more front-loaded
       | research before actually committing to a particular plan to apply
       | it.
       | 
       | In the AI case, advancement has been so rapid that to a certain
       | extent, it makes sense for large companies to delay some aspects
       | of retooling, because better models that come out next month may
       | have different characteristics or requirements. We haven't seen
       | the big shifts in productivity because reorganizing around new
       | tech is slow, and the tech itself is still changing so fast.
        
         | TylerE wrote:
         | Maybe, but all technology is built on what came before, so
         | actually launching the thing and seeing what it does is a big
         | part of enabling the next generation to be better.
        
           | abeppu wrote:
           | I'm not sure that we disagree, but perhaps we're
           | understanding "launching" in the metaphor somewhat
           | differently. I think the key point about the interstellar
           | probe example is it's assumed that once it's launched, it's
           | not going to improve on the very long flight to Alpha
           | Centauri. Maybe this isn't actually fair -- if you design a
           | solar sail, pushed by a giant laser that stays in our system,
           | you could likely upgrade the laser while the probe is in
           | flight, but your probe can't build itself a new larger sail,
           | or develop itself a fusion drive.
           | 
           | I think research _is_ rapidly building off the prior
           | generation of techniques, but this improvement doesn 't show
           | up in the economic impact the article author is complaining
           | about. Actual productivity changes are going to come when
           | large organizations integrate AI models to replace or improve
           | key systems or human-performed functions. This is slow,
           | expensive, and probably a minority of transformations like
           | this are even started, let alone showing fruit, and I think
           | it's rational for a lot of companies to defer starting this
           | work until the tech improves further. There's also a possibly
           | prolonged intermediate phase where some stuff is being done
           | both by an AI-centered system and either a human or a legacy
           | system while the organization measures how well the AI
           | version does (and how stable/reliable any associated vendors
           | are), and during this period, productivity may even take a
           | measurable hit.
        
         | gumby wrote:
         | There was a funny (joke) academic paper circulating around 2000
         | that showed if you were plannig to do a computation that would
         | take about a year that in 6 months you could pay 1/3 less and
         | still get the computation done faster.
         | 
         | What made it so funny is not only that it was written so well
         | but that things were moving so fast back then it felt
         | plausible.
        
         | rickydroll wrote:
         | I think another analogy that applies to AI is going to orbit.
         | It's "not hard" for a sufficiently large rocket to be able to
         | hit orbital heights. It's pretty hard for the rocket to enter
         | orbit at the same height. In the AI world, we are at the
         | suborbital stage of technology. For me, the 99% use case is
         | accessibility tools (speech recognition, grammar correction)
         | and coding.
         | 
         | Image generation is like poor-quality Photoshop. Which, by the
         | way, is the best target image generative AI could shoot for. Do
         | what Photoshop can do, only better and easier.
        
         | avaldez_ wrote:
         | >the optimal time to launch an interstellar probe, and the
         | punchline was that embarking too soon means you will be
         | overtaken by a later vehicle which launched later but with
         | better tech.
         | 
         | That's the wait calculation
         | 
         | https://en.m.wikipedia.org/w/index.php?title=Interstellar_tr...
        
       | photochemsyn wrote:
       | "The latest estimates, using official figures, suggest that real
       | output per employee in the median rich country is not growing at
       | all."
       | 
       | If I can use an AI assistant to complete a job in 3 hours that
       | used to take 9 hours, that's a win for me, because now I have 6
       | hours to spend on a personal open-source project, some family
       | business, recreational (and healthy) exercise, or some community-
       | beneficial volunteer activities. While this might not show up on
       | the corporate balance sheet, it's going to make the overall
       | society a lot healthier.
       | 
       | The existential risk of AI to the current socioeconomic order
       | might have more to do with AI systems making better economic
       | decisions than the overcompensated executive-shareholder sector
       | does, and at far lower cost to the corporation or institution
       | that adopts it. This makes logical sense, since the skills
       | involved in humans climbing to positions of power in
       | organizations (manipulation of other people, hyping up one's
       | capabilities, clinging desperately to power, etc.) don't
       | translate into efficient well-run operations.
        
         | ghaff wrote:
         | It sort of depends on what you assume become table-stakes
         | tools. Spreadsheets reduced some work, created more work (run a
         | bunch of alternative models), and yes probably eliminated some
         | work--for the people fluent in them. It's probably hard to
         | argue that spreadsheets (which have become the most inarguably
         | successful low-code tools) have markedly decreased the amount
         | of work their users need to do in companies.
        
         | purple-leafy wrote:
         | Except that's not how it ever works. Any productivity gains
         | will be consumed by your employer, and the expectations of your
         | position will increase with the productivity gains.
         | 
         | Ie: if your role is now 75% more productive on average, the new
         | expectation of that role is a 75% increase in outputs.
         | 
         | So it actually will get much worse for you, because you'll be
         | doing much, much more for effectively the same pay :)
         | 
         | There used to be a single role that did the data layer, a
         | single role that did QA/Testing, a single role for UI/UX, a
         | single role for client side, a single role for server side, and
         | a devops team.
         | 
         | Then when the world became good at this stuff, the expectation
         | shifted to, in many cases, a single role juggling all of this
         | work
        
       | ImHereToVote wrote:
       | The ultimate marshmallow test for humanity.
        
       | exe34 wrote:
       | if that's no economic impact, there won't be existential risk.
        
         | theLiminator wrote:
         | Yeah, it's flat out a bad take. If the AI is utterly incapable
         | of doing anything useful, it would be utterly incapable of
         | being an existential risk.
        
           | exe34 wrote:
           | i was thinking more if the current crop of AI are useless,
           | they won't get enough money pumped into them to lead to
           | runaway amplification. if there's genuine risk, then there
           | will be rewards. if we're close to that kind of AI, then we
           | can't afford for our enemies to find it first.
        
         | hankman86 wrote:
         | Is this necessarily correlated? I would think that the
         | potential to cause disaster is rather linked to whether AI is
         | given authority to enact autonomously decisions, i.e. given
         | access to critical systems.
        
           | exe34 wrote:
           | if there's no benefit, AI's net cost is more than traditional
           | systems. no benefits, no access.
        
       | bglazer wrote:
       | If AI has no economic impact, it almost by definition also has no
       | ability to marshal the kind of resources necessary to destroy all
       | of humanity. All the doom scenarios seem to rely on quasi-magical
       | abilities springing from advanced intelligence, but ignore that
       | these scenarios require the AI to have access to significant
       | resources.
       | 
       | Then, suppose AI does somehow think itself into effecting human
       | annihilation, what happens when all the humans are dead? At the
       | current state of things, all electricity production on the planet
       | goes dark in maybe two weeks. Nuke plants irradiate significant
       | parts of the earth, chip fabs are bricked, metal production is
       | toast. In short the AI necessarily dies too.
       | 
       | The only way for this not to happen is AI controlled robots first
       | gaining complete control of massive chunks of the economy. If AI
       | is as useless as the article claims then that will effectively
       | never happen. Thus, AI doom scenarios are always a murder suicide
       | situation, and I'm not sure I believe anyone who says a
       | superhumanly capable planner would pursue that plan. It even
       | negates the "paperclip optimizer" as the AI's demise obviously
       | puts a hard upper limit on the number of paperclips produced.
        
         | humansareok1 wrote:
         | > All the doom scenarios seem to rely on quasi-magical
         | abilities springing from advanced intelligence
         | 
         | The amount of people who dismiss doom risk with some version of
         | "I'm not smart enough to imagine what something far smarter
         | than me might be capable of" is staggering. "I can't imagine
         | how nanobots might work therefore they must be impossible."
         | 
         | >Then, suppose AI does somehow think itself into effecting
         | human annihilation, what happens when all the humans are dead?
         | At the current state of things, all electricity production on
         | the planet goes dark in maybe two weeks. Nuke plants irradiate
         | significant parts of the earth, chip fabs are bricked, metal
         | production is toast. In short the AI necessarily dies too.
         | 
         | Smart enough to eradicate humanity but not smart enough to plan
         | ahead to keep itself running. Ok buddy.
         | 
         | >The only way for this not to happen is AI controlled robots
         | first gaining complete control of massive chunks of the
         | economy. If AI is as useless as the article claims then that
         | will effectively never happen.
         | 
         | "AI hasn't taken over large parts of the economy, therefore it
         | never will." I really just can't even...
        
           | pixl97 wrote:
           | Heh when just last week we saw what happens when a single
           | random vendor gains control over large chunks of the economy.
           | Productivity in companies is weird it's like it seeps in
           | slowly over years without much improvement then suddenly it's
           | everywhere
        
           | throwanem wrote:
           | Mostly the people dismissing the x-risk concern do so on the
           | grounds that what is being sold is not and cannot become
           | smart in the way it's being sold by x-risk stans as being
           | able to, which is true. If you want to argue the contrary
           | case, starting from the actual point of disagreement is
           | probably a better play, because the argument you've actually
           | made here constitutes no answer.
        
             | humansareok1 wrote:
             | >what is being sold is not and cannot become smart in the
             | way it's being sold by x-risk stans
             | 
             | Do you have actual evidence for this astonishing take?
             | Because I'm sure the entire field would be entranced by
             | your genius here. It's actually completely UN-clear what
             | the limits to LLMs are and it's completely ridiculous to
             | say otherwise.
             | 
             | >starting from the actual point of disagreement is probably
             | a better play
             | 
             | Fundamentally most e/accs or other anti-doom stans believe
             | that AGI/ASI are actually impossible, that nothing can be
             | smarter than humans and that human brains constitute
             | special magic meat. Almost all of their other wrong beliefs
             | stem from those.
        
           | bglazer wrote:
           | How would the AI keep itself running?
        
             | humansareok1 wrote:
             | "I'm not smart enough to imagine how something might work
             | therefore it's impossible"
        
               | yifanl wrote:
               | Pascal's Wager is a terminating line of thought, adding a
               | tech coat of paint doesn't make it any more worth
               | discussing.
        
               | bglazer wrote:
               | This is magical thinking. Like, the laws of physics still
               | apply. Computation depends on power generation, and both
               | *require* physical objects that break and decay. Who
               | fixes the broken stuff when all the humans are dead?
        
         | tivert wrote:
         | > All the doom scenarios seem to rely on quasi-magical
         | abilities springing from advanced intelligence, but ignore that
         | these scenarios require the AI to have access to significant
         | resources.
         | 
         | No. The doom scenario I'm most concerned with is basically the
         | one from Manna (https://marshallbrain.com/manna), which doesn't
         | require any "quasi-magical" abilities. It's basically taking
         | our current economic system and "fixing the glitch" (from the
         | capitalist's perspective) that forces them to pay our salaries.
         | 
         | That's (a slow) doom for the vast majority of the population,
         | but not for humanity because the wealthy elite would survive.
        
           | hyperpape wrote:
           | Anything that removes the need to pay salaries would have
           | massive impacts on productivity numbers. (I am not arguing
           | that would necessarily be good[1], but it would show up in
           | the economic stats, in line with bglazer's point).
           | 
           | [1] The big brain take behind "necessarily" is that: "no
           | salaries, everything is free" seems cool, "no salaries, a few
           | people hoard all the wealth" seems bad.
        
             | tivert wrote:
             | > Anything that removes the need to pay salaries would have
             | massive impacts on productivity numbers. (I am not arguing
             | that would necessarily be good[1], but it would show up in
             | the economic stats, in line with bglazer's point).
             | 
             | I agree with that. My point was that not all "doom
             | scenarios" require the kind of "quasi-magical abilities"
             | that he tried to use to dismiss them all.
             | 
             | IMHO, the sci-fi "superintelligent AI sends terminators to
             | kill all the people" doom scenarios are distractions
             | (possibly _intentional_ distractions) from far more
             | plausible doom scenarios.
             | 
             | > [1] The big brain take behind "necessarily" is that: "no
             | salaries, everything is free" seems cool, "no salaries, a
             | few people hoard all the wealth" seems bad.
             | 
             | If the former were plausable, we'd almost be there even
             | without AI, so it's either a fantasy or the work we need to
             | get there is _not_ technological. The latter is basically
             | 2024 but moreso.
        
               | Terr_ wrote:
               | Or to put another way, AI can be dangerous even when It's
               | being totally helpful... When it is enabling some of
               | humanity to screw things up for everyone else out of
               | greed or anger.
        
           | nope1000 wrote:
           | But no salaries -> no consumption -> no profit for companies.
           | I don't see how that's effective capitalism.
        
             | tivert wrote:
             | > But no salaries -> no consumption -> no profit for
             | companies.
             | 
             | No, you just need a little more imagination. What would the
             | economy look like if you didn't need employees to utilize
             | resources or undertake projects? Some very mass-market
             | consumer oriented companies would _eventually_ go bankrupt
             | during the transition, but that doesn 't mean a doom
             | scenario like I describe can't or won't happen.
             | 
             | > I don't see how that's effective capitalism.
             | 
             | And you know what? The end result of the transition might
             | only vaguely resemble current-day capitalism, and may be
             | more properly understood as a transition to a new economic
             | system.
             | 
             | However, I think it would probably be like our current
             | economy, except with:
             | 
             | * the B2C segment withered mainly to luxury goods of elites
             | (yachts, supercars, elite-level fine dining) and sustaining
             | a _much smaller_ elite-service-focused labor pool;
             | 
             | * B2B being most of what's left of the market; and
             | 
             | * non-market vanity projects taking up a substantial slice
             | of the pie (e.g. Elon Musk using a robot army to build
             | ziggurats to celebrate himself, because why not).
        
               | tuatoru wrote:
               | This misunderstands the economy. It's driven by household
               | and government spending. All that B2B stuff happens
               | because some company, somewhere at the end of the chain,
               | sells to households or the government.
               | 
               | Sure, there is also business investment. But that only
               | happens _because_ someone expects to sell to households
               | or the government. If all you are selling is luxury
               | goods, which depend on direct high labor content for
               | their value, then most of the B2B businesses disappear
               | also.
               | 
               | And yes, there are exports. But not at global scale. The
               | globe is closed.
        
               | tivert wrote:
               | > This misunderstands the economy. It's driven by
               | household and government spending. All that B2B stuff
               | happens because some company, somewhere at the end of the
               | chain, sells to households or the government.
               | 
               | No, I didn't misunderstand it. Let me put it in your
               | terms: the remaining elite become tiny but _massively_
               | consuming households, and the distinctions between the
               | businesses they control and their households will be
               | blurred (e.g. Blue Origin being wholly owned by Bezos).
               | All the economic actors that cannot provide value to
               | these households will get slowly cut off and wither away,
               | and these elites (collectively) will eventually cement
               | total control over all the valuable resources they have
               | some use for (production capacity, compute, energy, raw
               | materials, etc).
               | 
               | To go back to a question I asked upthread: what would the
               | economy look like if you didn't need employees to utilize
               | resources or undertake projects? What happens when most
               | households aren't competitive at _anything_ economically,
               | but there 's still a lot of stuff out there to be owned?
               | My answer is those who own the right things (e.g. AI-run,
               | totally automated, adaptable factories; energy resources)
               | will be able to support themselves indefinitely with them
               | and have massive personal surpluses they then use for
               | vanity projects to keep themselves occupied.
        
           | 1659447091 wrote:
           | > That's (a slow) doom for the vast majority of the
           | population, but not for humanity because the wealthy elite
           | would survive.
           | 
           | People throughout history have replaced the "elite" once the
           | cost to do so became less than the cost (or benefit) to
           | continue on in the status quo. The perceived "doom" would not
           | last very long (in the greater span or sense of time) as it
           | would all be reorganized, yet again. In that case, I am not
           | so sure it's a "doom scenario" but instead something like the
           | natural way of things, or history continuing on. And, maybe
           | even a needed evolution of the species in that case.
           | 
           | Things would have to be "quasi-magical" to play out (for the
           | rest of human eternity) in the way a lot of the AI doom
           | musings point to.
        
             | tivert wrote:
             | > People throughout history have replaced the "elite" once
             | the cost to do so became less than the cost (or benefit) to
             | continue on in the status quo.
             | 
             | Past performance is not a guarantee of future success. The
             | elite throughout history relied on masses of common people
             | to get anything done (do work, go to war, etc.). AI as-
             | hyped has the potential to upend that long standing
             | dynamic.
             | 
             | The elite aren't going to be replaced if they and the
             | resources they care to protect are ensconced in a 50 mile
             | buffer patrolled by (among other things) drone-swarms that
             | will shove grenades in the face of any unauthorized human
             | that dares enter. That technology is pretty close to
             | reality, as it's basically the Ukraine/Russia front lines
             | with 5-10 more years of drone development.
        
               | 1659447091 wrote:
               | > Past performance is not a guarantee of future success.
               | 
               | True.
               | 
               | I am still of the belief humans will continue to human.
               | If an uprising of billions vs millions lose, the "elite"
               | would also no longer be "elite".
               | 
               | While I have no data, other than observation, the
               | "elite", imo, need the validation of their status more
               | than those who have none and gave it to them in the first
               | place. If they do something so brash as to rid the world
               | of these unwashed masses, they have no one left to rise
               | above. I don't see them all of a sudden becoming great
               | members _of_ this new society; they wanted to own
               | society, not be a citizen in it. How that wouldn 't lead
               | to self-elimination at that point is hard to imagine -
               | thus a needed evolution of the species (even if that's
               | extinction and another hominid group later inheriting the
               | leftover mess)
        
         | y04nn wrote:
         | I think one way for an intelligent AI can gain control over
         | humans is not to exterminate them but to control them,
         | influence them without them being aware of it, changing the
         | recommandation algorithms, producing educational material,
         | videos, podcasts, books that would be pro AI while saturating
         | our monkey brain with mining-less entertaining content. We
         | would become their servant without noticing.
        
           | warkdarrior wrote:
           | How would you know this is not the case already?
        
             | latentsea wrote:
             | It has been since 2016... Dun-dun-dahhh
        
         | tuatoru wrote:
         | Here is a counterexample: Universal cheap AI girlfriends and
         | boyfriends.
         | 
         | These would have a mildly depressing effect on the economy for
         | a couple of generations, and then the population goes to zero.
        
           | latentsea wrote:
           | With birth rates already in decline, population is already
           | going to zero.
        
             | red-iron-pine wrote:
             | only Western Gringos, and Asians in countries like SK and
             | China.
             | 
             | much of the world is still crapping out kids just fine.
             | subsistence farmers feel more confident doing that than
             | programmers, it seems.
        
               | sharemywin wrote:
               | ROI. only takes 5 years to make a good crop picker. much
               | longer to make a good programmer.
        
         | TacticalCoder wrote:
         | > The only way for this not to happen is AI controlled robots
         | first gaining complete control of massive chunks of the
         | economy.
         | 
         | So they do that because they plan to annihilate all humans.
         | They succeed in both.
         | 
         | How does the AI deal with physics and the heat death of the
         | universe?
        
       | ppqqrr wrote:
       | If a miraculous new technology that helps individuals grok any
       | conceivable topic has "no economic impact," you should probably
       | question how you measure of economic impact - perhaps even your
       | very definition of the economy, the nature of human labor and
       | collaboration. Fundamental changes at the base of the hierarchy
       | will always escape the attention of high level managerial class,
       | because the one thing they're never taught to do is to consider
       | the possibility that their inherited power structure may become
       | irrelevant.
        
         | Terr_ wrote:
         | > If a miraculous new technology that helps individuals grok
         | any conceivable topic
         | 
         | If you think that's happened, then you and I are living on very
         | different Internets with different individuals. :P
        
           | realharo wrote:
           | Or maybe that already happened decades ago with the Internet
           | and search engines.
        
             | ppqqrr wrote:
             | Arguably, but imho the difference between search engines
             | and GPTs is akin to punch card coding vs modern IDE -
             | theoretically the same activity, vastly different in
             | practice.
        
               | realharo wrote:
               | For generating output, sure, but when it comes to _"
               | helping individuals grok any conceivable topic"_ like the
               | original comment said, you're still bottlenecked by how
               | fast you can read and understand text, so it won't make
               | as much difference there.
               | 
               | Plus, from my experience, the more obscure topics, which
               | are not easy to google, also tend to suffer the most from
               | hallucinations when using LLMs. The topics which ChatGPT
               | can explain perfectly usually have well-written
               | explanations at the top of search results too.
        
             | Terr_ wrote:
             | My (snarky) point is that I do not think LLMs have
             | dramatically enabled the average person to grok (to gain a
             | deep and intuitive understanding of) new topics, because I
             | haven't observed the corresponding sea-change in (mostly
             | online) people that I would expect to go with that.
             | 
             | To offer a competing hypothesis: LLMs are merely augmenting
             | or replacing other routes that people may take to acquire
             | _facile_ knowledge. In addition, the fundamental way those
             | tools operate limits them to imparting facile knowledge.
        
         | wmf wrote:
         | The simplest explanation is just that people aren't using it
         | yet.
        
       | christkv wrote:
       | I don't think we have seen the start of productivity gains. We
       | are using it to write drafts for public competitions. It's turned
       | something that would be weeks of pain into days. That means the
       | people involved can spend less time on trite and focus on
       | editorial. It's also let our small team take on more parallel
       | bids with less frustration.
        
         | titanomachy wrote:
         | And presumably your competition is also now free to bid on more
         | contracts, meaning each contract has many more bids, which
         | means the client needs to use AI to read them all...
         | 
         | prompt -> your AI blackbox -> client's AI blackbox -> client
         | picks winner
         | 
         | Maybe someday the client will let you submit your prompt
         | directly to their AI blackbox so you can save computing
         | resources.
        
           | christkv wrote:
           | If im lucky we will provide our chat bot tuned with
           | information about our product and their bot can talk to ours
           | and voila lol
        
             | titanomachy wrote:
             | Please submit your application in the form of an executable
             | binary under 100GB containing an interactive agent which
             | will convince us to give you money!
        
       | lowbloodsugar wrote:
       | crowdstrike end of the world: https://www.smbc-
       | comics.com/comic/likely-apocalypse
        
       | hankman86 wrote:
       | Are there any independent statistics for how much AI based coding
       | assistants like GitHub CoPilot improve an average software
       | developer's productivity?
       | 
       | I had hoped for something around 5%, which is not massive, but
       | still a non-trivial number.
       | 
       | Not sure how AI assistants in other "high value" professions far.
       | Say in legal, healthcare, finance, civil engineering, business
       | consulting to name a few. Does anyone have reliable figures?
        
       | tim333 wrote:
       | You've kind of got two different things:
       | 
       | 1) Current AI, mostly LLMs, not much economic impact, no
       | extinction risk.
       | 
       | 2) Sci-fi like future ASI, big impact, some existential risk.
       | 
       | Discussing the second is tricky as we don't quite know how it
       | will go and will probably change all sorts of things. But re 'we
       | are all going to die' type stuff, currently we will with
       | certainty due to age, with sci-fi AI, not necessarily. So that
       | kind of p(doom) is much lower with ASI.
        
       | JohnMakin wrote:
       | The problems with the current generation and rollout of "AI"
       | which I am using synonymously in this post with large language
       | models, because that's the context it seems to be mostly used in
       | print media - are so numerous that I could not list them out all
       | in one post and this has been debated to an absurd degree
       | already, on this site and on other platforms.
       | 
       | I really can't think of many, if any real positives. One example
       | I like to use is in video game tutorial articles. I don't know if
       | you've tried to use basically any search engine to find reliable
       | video game information/walkthroughs lately, but the amount of
       | blatant misinformation that has proliferated in this space makes
       | searching the web for even the most basic information an exercise
       | in complete futility.
       | 
       | This is something "AI" should be _good_ at. Video game
       | walkthroughs have been done to death, a game that 's been out for
       | 2+ years has likely already had every single secret and path in
       | it discovered 10,000 times over and posted all over reddit and
       | other sites. Yet, after completing my 2nd elden ring run this
       | weekend, my first since 2022, I was struck at how much blatantly
       | wrong info I stumbled across, even on websites I had considered
       | "authoritative." And it's always subtle enough to be impossibly
       | annoying - stuff like "head south from this site" when in fact,
       | it should have said "north" Very small errors that seem like the
       | result of hallucinations that cause an inordinate amount of time
       | spent figuring out what's wrong - much like my experience with
       | coding "assistants."
       | 
       | If it can't get something like this correct - which I'm aware
       | isn't necessarily a purely "AI" problem - how do we expect it to
       | do anything important? I really have not seen a solid case yet
       | and would love to be convinced otherwise, but the more I learn
       | the less I like what I see.
        
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