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People will be broken out of their denial by actual economic growth. That's what this is all meant to be for... I think we might start seeing some surprising nu

by gste 1mo ago

People will be broken out of their denial by actual economic growth. That's what this is all meant to be for... I think we might start seeing some surprising numbers.

2001zhaozhao 1mo ago
Would something like "services deflation" even show up in the numbers? That's what I'd expect to happen first
- whimsicalism 1mo ago
  deflation will just be inflated away, always
mekael 1mo ago
But who benefits from that economic growth? If it's only the capital owning class, and the rest of us are left in the dust, then the growth is irrelevant. I ,for one, have read enough history to know that it's never the proles who end up benefiting.
- hibikir 1mo ago
  I suspect that you have not read enough them. Ask someone in China (which yes, still has a capita owning class) if the proles were better off 50 years ago or now. The only real probes we have now in the west is that we have failed at housing, precisely because instead of growth, we have made many choices to increase returns for old people, and insufficient taxes for real estate.
  - nightsd01 1mo ago
    I was a bit triggered by your China comment, if only given the fact that there is a very specific institution that drove many formerly prosperous cities and communities into abject poverty (the CCP in Mao's era) and then tries to claim all the credit for the market driving how many people they've lifted out of poverty. And nowadays with Hong Kong (and probably soon Taiwan) they are proving they are perfectly happy to destroy economic growth as long as it benefits The Party
fckgw 1mo ago
How do I directly benefit from this supposed "growth"? Seems like its just making things worse for most people.
- nightsd01 1mo ago
  Plenty of people are making money from AI? And I am not sure I've seen it "making things worse for most people" yet, do you have a source behind this? If your source is AI layoffs, there were plenty of layoffs with the invention of the horseless carriage, but that doesn't mean it made humans worse off overall. There are reasons to be skeptical about progress and AI and all that but the 'making things worse for most people' thing you mentioned seems yet to be based in any reality
  - Thanemate 1mo ago
    >Plenty of people are making money from AI? Is the amount of people making money from AI greater than the amount of people who lose money from AI? Is maximizing prosperity across humanity even a goal, at this point? Am I to be expected to believe, without doubting, that the end goal is the benefit of the many?
  - desterothx 1mo ago
    most devs i talk to say that they would love to go back to coding without ai, if everyone had to do it, so there's that. Oh also scammers have gotten so much better with llms, so a significant amount of peoples lives are worse due to that
  - fckgw 1mo ago
    If your answer to "How does AI benefit me?" is "Well a lot of people made money" then I'm afraid you've lost the plot.

by gste 1mo ago

People will be broken out of their denial by actual economic growth. That's what this is all meant to be for... I think we might start seeing some surprising numbers.

2001zhaozhao 1mo ago

Would something like "services deflation" even show up in the numbers? That's what I'd expect to happen first

whimsicalism 1mo ago
deflation will just be inflated away, always

mekael 1mo ago

But who benefits from that economic growth? If it's only the capital owning class, and the rest of us are left in the dust, then the growth is irrelevant. I ,for one, have read enough history to know that it's never the proles who end up benefiting.

hibikir 1mo ago
I suspect that you have not read enough them. Ask someone in China (which yes, still has a capita owning class) if the proles were better off 50 years ago or now. The only real probes we have now in the west is that we have failed at housing, precisely because instead of growth, we have made many choices to increase returns for old people, and insufficient taxes for real estate.
- nightsd01 1mo ago
  I was a bit triggered by your China comment, if only given the fact that there is a very specific institution that drove many formerly prosperous cities and communities into abject poverty (the CCP in Mao's era) and then tries to claim all the credit for the market driving how many people they've lifted out of poverty. And nowadays with Hong Kong (and probably soon Taiwan) they are proving they are perfectly happy to destroy economic growth as long as it benefits The Party

fckgw 1mo ago

How do I directly benefit from this supposed "growth"? Seems like its just making things worse for most people.

nightsd01 1mo ago
Plenty of people are making money from AI? And I am not sure I've seen it "making things worse for most people" yet, do you have a source behind this? If your source is AI layoffs, there were plenty of layoffs with the invention of the horseless carriage, but that doesn't mean it made humans worse off overall. There are reasons to be skeptical about progress and AI and all that but the 'making things worse for most people' thing you mentioned seems yet to be based in any reality
- Thanemate 1mo ago
  >Plenty of people are making money from AI? Is the amount of people making money from AI greater than the amount of people who lose money from AI? Is maximizing prosperity across humanity even a goal, at this point? Am I to be expected to believe, without doubting, that the end goal is the benefit of the many?
- desterothx 1mo ago
  most devs i talk to say that they would love to go back to coding without ai, if everyone had to do it, so there's that. Oh also scammers have gotten so much better with llms, so a significant amount of peoples lives are worse due to that
- fckgw 1mo ago
  If your answer to "How does AI benefit me?" is "Well a lot of people made money" then I'm afraid you've lost the plot.