Tech is in a massive bubble right now. The reality is most people just want the most pressing issues in their lives (cosy livs, housing, shite job market etc) fixed. And that's not gonna be solved by agents doing the weekly shop lol
ECONOMY
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A Commentary Challenges Undifferentiated Claims About an AI Bubble
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I am increasingly coming across articles claiming that "the" AI bubble is about to burst. To begin with, this is an undifferentiated statement that abstracts away from reality – and as Hegel once so aptly put it: "To impose abstractions upon reality is to destroy reality." What
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Open Source Models Create Growing Economic Value
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The cofounder of HuggingFace makes a strong point about the immense economic value of open source models, and the growth thereof. This is the most exciting time to be alive and learning / building!
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Open Model Value Cannot Be Measured by Training Cost Alone
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fully agree, cost isn’t value. it’s just the part we can count. value is the hard part: free goods show up as $0 in GDP. I like how @erikbryn measures it by asking what you’d need to be paid to give something up. we should see if we can adapt that at some point for open models
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A Request for GDP Evidence Challenges AI Economic Projections
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does anyone have handy the actual data on AI’s effect on GDP over the last four years? also: is Dario innumerate, unaware of prior data; or just hustling his IPO and full of shit?
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AI Capital Could Replace Human Labor in Value Creation
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You are describing the end of human work. Yes, value creation will explode.
Yes, projects and possibilities too. But without humans. Once again, it is a question of added value. Production is labor (humans) plus capital. Here, it is capital (AI) that [Traduit de FR vers EN] -
Anthropic Projects AI Could Lift US GDP to Forty Four Trillion
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ANTHROPIC: AI COULD PUSH U.S. GDP TO $44 TRILLION BY 2030 Anthropic co-founder Jack Clark says an internal model projects AI could boost U.S. GDP from $30 trillion to $44 trillion by 2030. Clark credits accelerating AI capabilities and scientific breakthroughs but stresses the
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AI Production Challenges Assumptions About Indispensable Human Workers
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It is obvious. But most people do not understand how the economy works and cannot imagine a world where AI produces without humans. They insist on imagining indispensable humans without ever asking about their value [Traduit de FR vers EN]
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An Argument for Allocating Substantial GDP to AI Research
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I sincerely think that solving AI is worth allocating a substantial fraction of GDP
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Model Economy Concept Connects Downstream Value With Revenue Sharing
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Only makes sense if the downstream model adds value. Then it’s a network of models where each outputs to others and revenue flows back. I.e., a model economy.