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by axus 115 days ago
So far prices have generally gone up, which indicates the pie available is scarcer.

I am looking forward to the day where more electricity, electronics, food, and housing are produced thanks to AI; but in the mid-term it feels like an AI bubble pop would do more to bring the price back down.

1 comments

Qualitatively, I now have access to ChatGPT.

How much do you think you would have paid for such a tool in 2010? and we are getting it almost for free.

Great, you have access to a hallucinating chat bot. The rest of us are losing access to basic computing and entertainment thanks to skyrocketing prices so that these companies can create more refined bots for you to chat with.
While ChatGPT is a partial substitution for a college education, it doesn't satisfy the other needs I listed. I do think in the long term we'll get there, but the current situation matters.
For how much longer?
its only going to get cheaper.
Not for a while.

The AI companies are hemorrhaging money. The hardware to run these models is not cheap, nor is the costs for electricity and water to run and cool it.