alt Hacker NewsCost of goods and services drops by orders of magnitude at every point in the supply chain.
That being said we already have relative superabundance and we're more miserable than ever, so it's not clear that more of it will cheer us up.
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This is the kind of commentary that is completely detached from reality: people want housing, people want food, people want gas.
It's not great that we can buy iphones (and AI is going to cause all electronics to be scarce, so much for abundance there)
> Cost of goods and services drops by orders of magnitude at every point in the supply chain.
That sounds great, but how are LLMs supposed to achieve this? You can't just say "AI will make a utopia". You have to present a vision for how it will get us there.
I'm tired of hearing about how AI will solve all the worlds problems. I want to see actual progress towards achieving these goals. And for the most part that hasn't manifested. Most people would consider AI to have had a net negative impact on their lives.
Unemployment rampant. All production remains in the hands of a few. All power (tokens) remains in the hands of a few. Goods are cheaper but no one can buy them. Path to the upper class now guarded closely by tokens, potential avenues for entrepreneurs diminish rapidly. Own an AI or compute, get someone to give you tokens, or live in poverty.
Distribution of abundance in current time is close to evil, America reducing entitlements and support (not expanding). Rampant waste. No reason to think any of this will change.