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Replying to Avatar Guy Swann

Why I think the idea of “superintelligence” and “AGI” is HEAVILY exaggerated or misunderstood:

Assuming we have Ai much smarter than the average human, smarter than the typical PhD (granted smart and “PhD” are not at all equal but for the sake of simplicity). If (or when) this occurs, this will not mean Ai will just be able to invent whatever we need or make all decisions better than anyone else. And I think all we have to do is look at humans to make this simple assessment —

• If we asked a physicist and a biologist what was the most important thing to focus our time and resources on, do you suspect the physicist would find something related to physics and the biologist would find something biological?

This points to the question of speciality. What an Ai is trained on will determine what and how it values things, and there is no amount of information that will make it perfect and forever aligned with the truth at all times. It will always have a weight toward something, because the question of WHAT to value for training and for dedicating resources is present at all stages. It presupposes that we already have the answer if we assume Ai will just magically come up with it.

• in addition, the answer to “where should we devote resources” isn’t static. It changes year to year, month to month, even minute to minute sometimes. It is a question of value and judgement. The only way to sort out this relationship is through trade and competition, denoting the **necessity** of Ai that compete and exchange data and resources.

• General intelligence is useful, but extremely inefficient. Generalists are great to have for combining and relating ideas, but specialists still down into the true details and do the dirty work of real building and fine tuning of the world. Specialization isn’t just an economic phenomenon, it’s a physical reality of the universe. It will be the same with Ai, because Ai doesn’t defy universal laws, it’s just a computer program.

— A giant, trillion dollar cluster AGI will not be as valuable or produce nearly as good results or decision making capability as 10,000 much smaller and specialized AI’s focused on their own corner and trading resources with others to accomplish their task or test the ideas or paths of progress apparent from their vantage point. Nothing in nature resembles the former.

• Intelligence isn’t an omnipotent, unrestricted power. Mental intelligence isn’t the only kind of intelligence. I think as humans we have become deeply arrogant about the fact that we are “so smart” and we have begun to worship our own intelligence in such a way that if we ever imagine something smarter, then it MUST be God and it must be without any limits or flaws at all. Yet there is nothing to suggest this. The “smartest” people today often have the greatest blinders on, and everyone is only as good as the information they have and the values lens through which they see everything.

While the intelligence explosion will be shockingly disruptive and revolutionary in many ways, and while I do see it as an extremely likely outcome in the rather near future, I think the vision of a giant, all powerful AGI dropped on the world like a nuclear bomb is increasingly a projection of our own ignorance and arrogance. It simply doesn’t hold water, imo.

Covered a lot of these ideas in the 31st episode of Ai Unchained:

https://fountain.fm/episode/98UjiXJsa1b2VusbQQur

as long as we can flip the power switch off, agi won't be a problem

Replying to Avatar Anna

#Bitcoin

0.0025913129318855 $btc for everyone

Replying to Avatar jimmysong

The appeal of price controls

Yes, we all know it's stupid policy and ultimately will create massive shortages, more government power and general poverty. But Kamala Harris is proposing it and there are political realities that we really need to think about.

Price controls come about politically because they are popular. People like getting stuff for less. In the short term, it makes people happy. They get something that they've been buying without the inflation. Sure, there will be less producers and deep government intervention and eventually scarcity of the product as they go into black markets if at all. But in the short term, when the producers haven't adjusted yet, the stuff looks like it's free and it helps the politician that imposed it.

The last guy to do price controls on food was Richard Nixon, and he had to do it because he suspended dollar convertibility. He had an election to win in 1972, so he implemented price controls. And guess what? He won in a landslide, because he mitigated the effects of the abandonment of the gold standard through price controls.

Long term, the price controls were a complete disaster. Theere were long lines at the gas stations, inflation went into hyperdrive and the productivity of the 70's was completely lost to stagflation. But it got him the election.

So while Kamala's political positions look stupid from the Bitcoiner point of view, don't underestimate its appeal to normies that don't understand economics. It's not as terrible a move as it seems.

promising lower prices by any means is a winning election strategy

this was a gift from my fiance and where my profile picture comes from

Replying to Avatar Guy Swann

PSA 🚨

Without a direct innovation in the monetization structure of #Nostr I think we should expect a highly successful #Nostr to evolve like other protocols before it. I think there are 2 most likely comparisons:

1. #Nostr ends up looking more like email. It is still open and decentralized, but dominated by a small group of companies with enormous insight into everything that is happening and acting as huge semi-centralized custodians of everyone's data and messages.

2. #Nostr ends up looking more like RSS & podcasts. It is open and decentralized, but most users and all serious content creators pay for hosting platforms (relays) that sell it with a bunch of other features, analytics, and secondary services attached to it - or built in advertising and monetization splits.

Understand I'm not predicting that it will go either direction or that only these two options exist. I'm saying that --- without a significant innovation in the monetization method --- it will very likely take one of these two paths. Also understand that neither of these are bad outcomes, per se. Both present a VASTLY better internet sovereignty and user/server power dynamic than the current Web 2, but this is far from realizing #Nostr's true potential.

I only say this to get people thinking about the fact that we still have a very serious problem funding relays at scale, and it hasn't been solved, it's mostly been covered up with some very generous grants and *extremely* generous volunteer developers and relay runners. But it WILL have to be addressed or nostr's success will come hand in hand with some hard truths about how we use it and what we think it is.

It won't be unlike the people who thought all #Bitcoin transactions were going to be free forever, settle instantly, and that the whole world could be sovereign with their own UTXOs. That's simply not how it worked, and we had to have a 4 year, vicious, all out civil war within the community when we were finally forced to come to terms with that reality.

how do we get bitcoin nodes to run a nostr relay?

My soon to be wife agonizes about kids because of climate change

When did unchained shut down loans?