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Currency of Distrust
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Christian | Husband | Father Professional hacker Lover of freedom tech
Replying to Avatar Lyn Alden

When it comes to AI, philosophical people often ask "What will happen to people if they lack work? Will they find it hard to find meaning in such a world of abundance?"

But there is a darker side to the question, which people intuit more than they say aloud.

In all prior technological history, new technologies changed the nature of human work but did not displace the need for human work. The fearful rightly ask: what happens if we make robots, utterly servile, that can outperform the majority of humans at most tasks with lower costs? Suppose they displace 70% or 80% of human labor to such an extent that 70% or 80% of humans cannot find another type of economic work relative to those bots.

Now, the way I see it, it's a lot harder to replace humans than most expect. Datacenter AI is not the same as mobile AI; it takes a couple more decades of Moore's law to put a datacenter supercomputer into a low-energy local robot, or it would otherwise rely on a sketchy and limited-bandwidth connection to a datacenter. And it takes extensive physical design and programming which is harder than VC bros tend to suppose. And humans are self-repairing for the most part, which is a rather fantastic trait for a robot. A human cell outcompetes all current human technology in terms of complexity. People massively over-index what robots are capable of within a given timeframe, in my view. We're nowhere near human-level robots for all tasks, even as we're close to them for some tasks.

But, the concept is close enough to be on our radar. We can envision it in a lifetime rather than in fantasy or far-off science fiction.

So back to my prior point, the darker side of the question is to ask how humans will treat other humans if they don't need them for anything. All of our empathetic instincts were developed in a world where we needed each other; needed our tribe. And the difference between the 20% most capable and 20% least capable in a tribe wasn't that huge.

But imagine our technology makes the bottom 20% economic contributes irrelevant. And then the next 20%. And then the next 20%, slowly moving up the spectrum.

What people fear, often subconsciously rather than being able to articulate the full idea, is that humanity will reach a point where robots can replace many people in any economic sense; they can do nothing that economicall outcomes a bot and earns an income other than through charity.

And specifically, they wonder what happens at the phase when this happens regarding those who own capital vs those that rely on their labor within their lifetimes. Scarce capital remains valuable for a period of time, so long as it can be held legally or otherwise, while labor becomes demonetized within that period. And as time progresses, weak holders of capital who spend more than they consume, also diminish due to lack of labor, and many imperfect forms of capital diminish. It might even be the case that those who own the robots are themselves insufficient, but at least they might own the codes that control them.

Thus, people ultimately fear extinction, or being collected into non-economic open-air prisons and given diminishing scraps, resulting in a slow extinction. And they fear it not from the robots themselves, but from the minority of humans who wield the robots.

Very well put and something I definitely worry about.

One thing I’ve pondered is if the bots end up in the hands of the few maybe those without the bots will go and create their own settlements of some kind and almost go backwards in time and work in small, barter like communities.

The question would come down to how they’d get the resources to do so. If desperate enough, perhaps they’d resort to stealing 🤷

Overcoming difficulty and frustration when writing code is such a great dopamine hit.

Imagine for a minute fiat doesn’t exist and we’re on a bitcoin standard.

The Zuck comes to you and wants you to invest your bitcoin into a humanoid robot for chores. They’re going to build this using their half baked LLM and a robotics team they’ve hired from MIT, which means the engineers probably don’t even do their own fucking chores.

You investing??

🤡🌎

nostr:nevent1qqs2395ndpcdz0c7pkuzunuajn9xmafpfmmw3zlxh8hmfkth47cznwgpzemhxw309ucnjv3wxymrst338qhrww3hxumnwwx0gz5

No proof necessary in fiat world. Just simply say you’ll do something innovative and morons throw money at you as fast as possible. No need to look at their history of delivery, nope. Just straight gambling…

nostr:nevent1qqstenu4hf3rnnd4m0lem8yen50v6zdacvrlgwkeg9u6r7agpclr3hcpz3mhxue69uhkymm5wvh82arcduhx7mn99uplqdfu

I have a legit copy. Bought it when it came out, read it, and it’s just been collecting dust

Replying to Avatar Svoboda

Interesting conversation from the Vegas Bitcoiners Meetup last night. We pivoted on to AI, robotics, and the topic of abundance. Essentially the belief that it should lead to what nostr:nprofile1qyfhwue69uhkcmmrv9kxsmmnwsargwpk8yq3gamnwvaz7tmpv4nkjueww468smewdahx2qpqs05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sgjmwnq talks about in his fantastic book.

The question of "Will that abundance be shared with society?" was raised.

My contention is that I don't see the current keyholders of the capitalistic system interested in doing that. By design. My belief is that as long as the goal is to maximize shareholder value by all means necessary, they are insulated from having to even consider doing so.

I look at it the same way I believe the Fed cannot truly succeed with their dual mandate as stable prices and maximum employment are often at odds with one another. So if the overarching goal is to push stock price to drive returns for investors, that is the top mandate which flies in the face of returning abundance because it would negate from the value proposition. Doesn't help that they've fortified this via 401ks and other retirement accounts -- they've tied it to the backs of the working class.

Curious if anyone has any thoughts as to how society as a whole can benefit without needing to burn the current system to the ground? What does that mean (look like) for investments and retirement? Is there a way that everyone eats and nobody suffers?

#asknostr #ai #artificialintelligence #money #investing #bitcoin

Man, I agree with this wholeheartedly. This has been my concern with AI from the beginning. I don’t think it will be a super intelligent AI that kills us all, but “good enough” AI that is controlled by huge tech companies and have absolutely zero interest in the well being of individuals.

I don’t have an answer to your question. My hope is that enough of the tech leaks to open source so individuals can get some leverage for themselves. But that would likely result in a total degradation of the traditional market. Which, may happen anyway given the fiat nightmare 😅

Alright, I got my first batch of raw milk 😃 what are your favorite things to do with it?

Thinking about trying it with coffee, but I usually just drink it black so not sure.