I'm a younger millennial. I'm always seeing homeless people in my city and it's an issue that I think about on a daily basis. Couldn't we have spent the money on homeless shelters and food and other things? So many people are in poverty, they can't afford basic necessities. The world is shitty.
Yes, I know it's all capital from VC firms and investment firms and other private sources, but it's still capital. It should be spent on meeting people's basic human needs, not GPU power.
Yeah, the world is shitty, and resources aren't allocated ideally. Must it be so?
The last 10 years has seen CA spend more on homelessness than ever before, and more than any other state by a huge margin. The result of that giant expenditure is the problem is worse than ever.
I don't want to get deep in the philosophical weeds around human behavior, techno-optimism, etc., but it is a bit reductive to say "why don't we just give homeless people money".
From what I’ve read, addressing homelessness effectively requires competence more than it requires vast sums of money. Here’s one article:
https://calmatters.org/housing/2023/06/california-homeless-t...
Note that Houston’s approach seems to be largely working. It’s not exactly cheap, but the costs are not even in the same ballpark as AI capital expenses. Also, upzoning doesn’t require public funding at all.
> Yes, I know it's all capital from VC firms and investment firms and other private sources, but it's still capital. It should be spent on meeting people's basic human needs, not GPU power.
It's capital that belongs to people and those people can do what they like with the money they earned.
So many great scientific breakthroughs that saved tens of millions of lives would never have happened if you had your way.
The older I get, the more I realize that our choices in life come down to two options: benefit me or benefit others. The first one leads to nearly every trouble we have in the world. The second nearly always leads to happiness, whether directly or indirectly. Our bias as humans has always been toward the first, but our evolution is and will continue to slowly bring us toward the second option. Beyond simple reproduction, this realization is our purpose, in my opinion.
[ This comment I'm making is USA centric. ]. I agree with the idea of making our society better and more equitable - reducing homelessness, hunger, poverty, especially for our children. However, I think redirecting this to AI datacenter spending is a red-herring, here's why I think this: As a society we give a significant portion of our surplus to government. We then vote on what the government should spend this on. AI datacenter spending is massive, but if you add it all up, it doesn't cover half of a years worth of government spending. We need to change our politics to redirect taxation and spending to achieve a better society. Having a private healthcare system that spends twice the amount for the poorest results in the developed world is a policy choice. Spending more than the rest of the world combined on the military is a policy choice. Not increasing minimum wage so at least everyone with a full time job can afford a home is a policy job (google "working homelessness). VC is a teeny tiny part of the economy. All of tech is only about 6% of the global economy.
> but it's still capital. It should be spent on meeting people's basic human needs, not GPU power.
What you have just described is people wanting investment in common society - you see the return on this investment but ultra-capitalistic individuals don't see any returns on this investment because it doesn't benefit them.
In other words, you just asked for higher taxes on the rich that your elected officials could use for your desired investment. And the rich don't want that which is why they spend on lobbying.
Technological advancement is what has pulled billions of people out of poverty.
Giving handouts to layabouts isn't an ideal allocation of resources if we want to progress as a civilization.
I don't think it is a coincidence that the areas with the wealhiest people/corporations are the same areas with the most extreme poverty. The details are, of course, complicated, but zooming way way out, the rich literally drain wealth from those around them.
The Sikhs in India run multiple facilities across the country that each can serve 50,000-100,000 free meals a day. It doesn’t even take much in the form of resources, and we could do this in every major city in the US yet we still don’t do it. It’s quite disheartening.
https://youtu.be/5FWWe2U41N8