Breakthrough negotiations are underway at the Gnome DeCentral Bank (GDB)
tag > Economics
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Prediction: Once hyperinflation strikes the empire’s heartland, the billions funneled into anything labeled 'AI' will be reevaluated. Global innovation will shift in ways unseen since the post-WW2 era.
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It would take a pretty stupid robot to replace me.
I'm not lazy, i just don't like making profits for capitalists
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What few will tell you: the average return on investment for venture capital funds is significantly worse than what a mid-sized cocaine trafficking operation generates—and the latter does it without the magic startup narrative bullshit.
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One of the greatest signs of modern ignorance is failing to appreciate deliberate acts of slowing down in our fast-paced, late-capitalist world. We're human beings, not human doings. Relax —what's the rush?
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AI & robotics advancements challenge the strategic autonomy of organizations, from companies to nations. Smaller players are especially vulnerable. Urgent national action plans, including aggressive market protection and innovation strategies, are essential to stay competitive
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In the next 20 years, AI & robotics will drive massive productivity gains. The big question: will the owner class share those gains with the 99%? Historically, the answer has been a clear no.
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The dominant geopolitical logic of the day
"The goal is to use Afghanistan to wash money out of the tax bases of the US & EU through Afghanistan and back into the hands of a transnational security elite. The goal is an endless war, not a successful war" - Julian Assange, 2011
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The Jesuits established post-scarcity economies on the moons of Mars and Jupiter soon after their arrival. While successful on some, most reverted to rent-seeking models—a shift experts are still debating.
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AI music generators Udio, Suno issue forceful fair use defense v. music labels
AI music generators Suno and Udio file Answers. They came to fight. Both represented by Latham & Watkins, they raise a forceful fair use defense. But even further: a copyright misuse defense alleging the music labels are engaged in anticompetitive uses of their copyright.
#Comment: Limited hang-out from the octopus which owns all sides, testing the market reactions to their ancient technologies being rolled-out. The game is rigged, the acoustic warfare will continue.
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GII Science and Technology Clusters: Tokyo-Yokohama Tops Ranking; China Now Home to Greatest Number
All of the world’s five biggest science and technology (S&T) clusters are now located in East Asia, with Tokyo-Yokohama leading the ranking and China emerging as the country with the greatest number of clusters, according to an early release from the 2023 edition of WIPO’s Global Innovation Index (GII).
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In the AI/UX/HCI field, it's inherently assumed that increasing computer usage is always beneficial. Few have the courage to challenge this status quo & explore how smarter machines could help us use computers less, freeing up more time for people & nature.
#ML #HCI #Design #Comment #Ideas #Augmentation #Automation #Economics
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Things that have a high probability of being true for media & entertainment over the short term (~24 months)
- The average income of professionals in many creative Industries will significantly decline.
- The amount of content on most online channels will exponentially increase (incl. Lot's of "generative spam"). It will put lots of pressure on discovery algorithms, further hurting artists.
- The generative AI tool provider space will consolidate, with most startups disappearing and giant orgs grabbing even more media industry market share.
- Giant media platforms will significantly cut their costs by replacing human content Pipelines with AI (think music license cost that YouTube and TikTok pay)
- Lots of Lawsuit's will happen (training data copyright, etc), which only the giant orgs able to navigate.
- A new industry wide copyright regime and business model will start to emerge, but Major divides remain.
- A totally new media form will appear, than combines AI generated media with real time bio-signal feedback (BCI, etc.). This "proto-wireheading" media will become more addictive than crack.
Reflections prompted by this, rather techno-utopian tweet on the same topic
Opinions in this space that deviate from the US mainstream narrative - "AI inevitably makes us all exponentially more beautiful, creative, intelligent and rich" - hardly get any airtime. It's intellectually dishonest & lazy, leading to bad business/social outcomes. The brutal logic of late capitalism is at work, this we should not forget. An alternative system is possible for genAI, but it is mostly a grand socio-economic system question. Maybe after the house of cards falls.
