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by simianwords
1 day ago
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Here’s what you said earlier > It's a capital misallocation problem, a number problem, that has nothing to do with subjective feelings regarding LLMs Now you say > I would still see the technology as anti-human and would still see the concept of an agentic economy as deeply unserious, wasteful, and risky. Not exactly sure what your point is though. You can see how someone might be confused with this. Is it your subjective feeling? Or objective economics? I’m not interested in your subjective feelings on AI. On objective economics: your concern would be invalid if the AI companies overall make profit. If they don’t, then you would have been right on the point of being careful. |
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> your concern would be invalid if the AI companies overall make profit. If they don’t, then you would have been right on the point of being careful.
No, that’s fallacious reasoning. If the AI vendors are currently profitable that doesn’t mean the concerns regarding their unsustainability is invalid, but that changes the calculus depending on the details. They could be profitable right now on paper and still be economically not viable. The core problem is that the amount of money allocated to the AI bet is completely disproportionate compared to the actual economical value of the technology. That’s where the imbalance is. The exact reasons for the imbalance can change over time, but there would still be a misallocation. The companies would need to be profitable, and/or their expenditures would need to pay off, and the overall demand needs to grow exponentially, and they need to be protected from Chinese competitive pressure, etc.
I still don’t understand your overall point