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by Waterluvian 63 days ago
I think it’s easier just to recognize words as free and to value them as such. Actions have value.
4 comments

Many actions have a negative value. If I give two toddlers ball-peen hammers, release them into a window store, and then close the front door while I wait in the parking lot, was my action likely to create value or likely to destroy value?
is it not both?

create value because the windows have to be replaced and employees are paid for their labor in doing that.

destroy value bc they -1 inventory each time a window is broken

It's a net value loss. This is literally the parable of the broken window

https://en.wikipedia.org/wiki/Parable_of_the_broken_window

The fallacy is to think value was created by buying someone's labour to fix the window. This is value that's been displaced from something productive to something unproductive.

Instead of going from 0 to 1 (invest the money and create value), you went from -1 to 0 (spend money to fix the window to get back to where you were) and, overall, the value of a perfectly good window got lost.

I've never understood why this isn't obvious to anyone with a room temperature IQ and 30 spare seconds to think about it.

In other words, everybody but economists and certain philosophers. :-)

For whom? The employees will get more paid hours as they clean up. You have created value for them!
“…by creating a little destruction, I am in fact creating [value.]”

Indeed, the capitalist’s creed!

FIRE!

-crowded theater (negative value example)

Words can be pretty much actions depending on who you are https://en.wikipedia.org/wiki/Will_no_one_rid_me_of_this_tur...

>I think it’s easier just to recognize words as free and to value them as such.

well, yeah that is the world the AI guys want...

The opposite, actually. They hardly want to give away tokens for free!
They want the grand total of humanity's knowledge, from which they create tokens, to be given to them for free, though..
For the tech bros, the tokens are the actions and the prompts are the words.
Words are acts, as formalized in speech act theory.

https://en.wikipedia.org/wiki/Speech_act