ai-x
If this is the workflow that a consumer experiences, I don't think majority will complain about AI.
In order to correctly make that decision, they must use the opportunity cost of selling that token. I'm pushing back at OPs claim that Anthropic must use internal cost to calculate that trade-off. They absolutely should use external selling price.
Bank reserves, Compute etc are trade-off decisions. Buffett vs Mayoshi Anthropic vs Google are being played out in real-time for us. Pretty soon you'll know which trade-off was better.
A clear example is Google. They can easily give all compute to Deepmind, yet majority is allocated to be sold at market rate.
So, every compute Deepmind and Googlers get is lost revenue opportunity and must be measured as such.
No other internal tools or servers has this much external demand to be comparable.
Also, Anthropic is showing that to operate at Anthropic level, you need $300,000 compute spend per employee
Even during GFC, equity investors were wiped out. Same with Silicon Valley Bank.
This trope that investors are bailed out is doing more harm than good. Because intervention and backstops actually helps the economy from not going into a death spiral that destroys the poor and middle class
When Waymo automates self-driving it isn't automating bad drivers. So are robots on Amazon warehouses
Eventually everyone will come around e/acc.
Of course AI can be used to check sources, get critical feedback and translate to languages. But content should be 100% human driven.
But if you are going against 200 years (some say even 10,000 years) civilization trends, you better have extremely strong data points to prove this time is different
And Thiel was parsing a real subtlety: endure as what? He favors transhumanist transformation, not a frozen Homo sapiens. But someone with a preinstalled Thiel-hate (like the author) didn’t hear nuance.
Suppressing demand below natural production capacity is just chopping of your own arm. That's why Interest rates are the Big(O) factor it is made out to be. It is always government policies
-- allow economy to operate at full capacity
-- don't print (borrow) money more than full capacity
If you bomb your supply chains, no amount of interest rate manipulation will make it come down (supply shock through destruction of capacity)
If you make all doctors/lawyers to undergo recertification, medical costs will skyrocket (supply shock through regulation)
If you deport all your construction workers, bringing construction to a screeching halt, housing costs will skyrocket (supply shock through xenophobia)
tl;dr The Big(0) cause of inflation are capacity (supply) and other stupid governmental responses to it. (printing more money)
Interest rates actually come way below these factors.
Interest rates will never discourage corrupt governments from printing (borrowing) more money and giving them to the mass .
The ideal way inflation should come down is increased capacity and/or lower government spending
They can just analyze PRs and diffs without loading the entire 10,000 line file.
Also, anti-AI folks really have a fundamental misunderstanding of how everything works in the LLM world and is probably why all their predictions are wrong
It's just a search problem now.
Any tech savvy person in NYC or SF would not be scouring newspapers for tech jobs and even if they are, they are most likely to be H1B or Greencard themselves.
A small town newspaper may actually make people apply to those roles.
But either way, people who likely to come through these ads can be easily disqualified just by adding a few technology stacks
If you have made it to the point of being a Junior Developer, I can assure you food and shelter is not a problem for them. You just have to adjust to a standard of living like the other 7 Billion people on this world.
Also, if a Junior Developer can show me(or anyone) they have built an entire system on their own and explain key concepts, there is no dearth of jobs for them
In fact, the world is always filled with curious people who like to go one level below.
This hysteria about losing "Junior Software Engineers" -- most of them in it for money, promotion rather than craftmanship, is over-rated.
People who love solving puzzles will always find ways to sharpen their mind.
People who love understanding things, will always find ways (AI will help them tremendously).
People who love taking shortcuts will always find ways for it (AI or not)
I mean some of the smartest people on HN fall for it, where is the hope for general masses?
Note: Unless you spin an alternative universe there is no way you can prove causality of social media usage => happiness/depression.
There is ZERO proven causality between social media usage (specifically Meta products) and long-term happiness of a person. All the social science are spurious correlations that can be attributed to anything (including higher education where hysteria about the modern world reins)
As far as $17B settlement, it has nothing to do with causality. It's just some $$$ set aside for Meta to remove operational headaches.
I could even say Meta-haters make more irrational life decisions compared to normal people who just browse Instagram and use WhatsApp without paranoia
There are plenty of happy, successful people who didn't die because they used a Meta product.
In fact I'd even argue that all things equal, a Meta user is happier than a paranoid-meta-hater who worries every minute that someone is going to serve them an Ad that fits them
"oh, the horror!!!. How am I ever going to recover from the trauma and financial ruin of seeing a targeted ad."