7 ms·
> You pay more, have less, and reduce taxable labor incomes into demand deficient classes. This will not end well for people even if LLM are recognized as most
by bitpush 5d ago
> You pay more, have less, and reduce taxable labor incomes into demand deficient classes.
This will not end well for people even if LLM are recognized as mostly hype. =3
Depends on how you view efficient market hypothesis. Computers and Memory was prohibitively expensive. "Putting a computer in every one's desk" was literal rallying cry for Microsoft because it appeared audacious, just like saying "Unlimited LLM usage for every man, woman and child" or some such.
Will it happen? Nope, but if the technology is useful the markets it'll spur competition and prices will come down. Heck, we dig plant juice out of the earth from deep sea oil rigs so that I can fill up my car to go walmart to buy soda. Pretty preposterous when you think about the closed loop.
- Joel_Mckay 5d ago>if the technology is useful the markets it'll spur competition and prices will come down. Regulatory-captured markets have nothing to do with free competition, or bidding down price pressures. You do have monopolistic competitive firms drawing $4Tn in loans to artificially hyper-scale demands for NVIDIA hardware that earns you -$2.50 for every $1 in revenue. Your home heating bill may double this winter because the economic engine is currently post-consumer/broken. We shall see how this plays out. =3