This view is too cynical. The frontier advancements are certainly going to trickle down. Take cars for example. AI driven cars are already here. AI-designed battery systems, fuel systems, materials and 3d printing capabilities will come to cars. It will likely lead to cheaper, more efficient and more effective vehicles. If will just take time for the impact to percolate.
My prediction is that while those “advancements” may come to cars, the only practical differences will be lower quality products, cost savings for the car companies, probably more expensive for consumers, and somehow it will also be collecting more data to sell to advertisers.
This only works if there remains a viable and attractive consumer market for these advanced goods. AI is both an imminent wealth shock and perhaps the largest structural change to the economy in history as it threatens to drive the value of human labor to zero over the next decades.
In American history, when previous shocks like this occurred (e.g. with the Great Depression), we needed massive economic programs like the New Deal to restore consumer demand. When such programs are not forthcoming while wealth inequalities keep increasing, one can look to other countries for what ends up happening; either the disenfranchisement of ordinary people over time or unrest and redistribution by force.
Just a few more weeks, a few more hundreds of billions, it's right around the corner....
Ah yes, the famous "trickle down" theory, which you may know from its smash hit "trickle down economics"! Surely this time it'll be different, right?
I think he means LLMs, we knew about RL already.
AI car navigation is here, but driving is a social act. Have you ever tried to keep an automated taxi out of a private driveway or the scene of an emergency? There is a lot of work to do and limited evidence of LLMs raising the bar.
Worse, the view is largely phrased as gaslighting AI. Blaming the cause of particular grievances that coincidentally have been sourced at the same time as the rise of AI, is purposeful.
> [Your train] never comes on time. Fuel is more expensive. The roads are still congested with traffic. Your kids are (probably) doing worse at school. Food costs more. Houses cost more. Rent is higher. Buying a computer or a PS5 is more expensive. Politics is still full of mentally unstable people. The environment is getting worse. You will still die of heart disease or cancer. Food quality is worse. Your kids can't find work. Wealth inequality is accelerating.
None of this has to do with AI.
> But hey...on the flip side...a lot of people are rapidly building software (that nobody is using), and AI is solving mathematics problems (that nobody - including mathematicians - wanted it to solve)
Plain wrong on both counts.
> Imagine what a "country of geniuses in a datacenter" will be able to do Apparently...nothing.
Nonsequitor, probably based on a personal beef. Datacenters, at best, are understood to be for hosting more AI - not for people to somehow live in as an arcology of discovery.
If you look at the average price of a new car, adjusted for inflation, it has pretty much always gone up aside from recessions. There have been plenty of advancements in car technology, they do not make them cheaper. It actually gives reason to charge more for them due to perceived increase in value.