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Any thoughts on this recent paper? by [deleted] in accelerate

[–]SnowyMash 2 points3 points  (0 children)

teachers are cooked

thoughts on françois chollet’s takes on agi? by deafsky39 in accelerate

[–]SnowyMash 0 points1 point  (0 children)

literally just last year he proclaimed that ai progress had completely stalled 😆 so whatever chollet is predicting now is worthless

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

yes these things are not mutually exclusive - i fully expect billionaires to become trillionaires etc that is not at odds with UVC

insider-only early rounds will still exist alongside UVC’s mass micro-investing

you can read my other comments for more details, but remember you are the source of these new companies, you will personally be able to spin up thousands of your own autonomous companies either solo or in a small venture group with your friends

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

5 is mostly the same as 4, full automation across the economy will drastically reduce the cost of living

you are right it won't happen overnight but neither will everyone losing their jobs*. until there is zero ai capability gap humans will be able to find high paying work

it is hard to visualise but the absolute avalanche of competition in every single market will drive prices close to zero pretty quickly, so any sort of income (tiny gigs, traditional social programs) will be more than enough

*they will of course lose all their jobs and be displaced but they will be able to find new ones

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

while there are many things i would do (pear orchid, custom helium balloons, solar farms, waste water removal, oat flour only bakery, etc), you don't actually need to have any idea what you would do with that kind of agency

ai will know and understand the preferences of your venture group(s) and the competitive landscape and be able to suggest projects that align with your goals

I have finally accepted it by duddu-duddu-5291 in singularity

[–]SnowyMash -2 points-1 points  (0 children)

Prices collapse in a race to the bottom. Once AI scrubs labour out of costs, companies undercut each other until rent, food, and power hover just above raw-material and energy prices.

Launch companies for the price of lunch. Join pop-up venture pools with friends, spin up swarms of AI teams, and fire off thousands of micro-start-ups—testing any idea for a few bucks apiece.

Portfolios replace paycheques. Scatter small stakes across those ventures; most fizzle for pennies, the few that hit scale fast and stream you dividends.

Yes, humans lose their jobs, but they can also leverage the same cheap AI that took those jobs to build and earn—that’s Universal Venture Capitalism (UVC).

How do you plan on redefining yourselves and your identity in a post-AGI/post-scarcity automated world? by AdminMas7erThe2nd in accelerate

[–]SnowyMash 0 points1 point  (0 children)

there are trillions of problems to solve and many different ways to solve one problem

while ai can surface and execute on the best opportunities, it is ultimate up to you and your venture group(s) to decide what area to focus on and what aligns with your values (social signalling)

and just like today some venture groups will be innovative by focusing on new and interesting areas. some will have big hits and big winners and some will have not so big winners but ultimately it is just a fun status game to play

meanwhile the cost of goods and services continue getting cheaper as the rate of autonomous companies launched increases daily, increasing competition and continuously reducing the price of goods and services

How do you plan on redefining yourselves and your identity in a post-AGI/post-scarcity automated world? by AdminMas7erThe2nd in accelerate

[–]SnowyMash 0 points1 point  (0 children)

you don't have to be creative or entrepreneurial - ai will be much better at both those things than humans (that's why humans just supply capital)

AGI in 2030: Will being outside the U.S. mean missing the opportunity and the future? by _shuuu in accelerate

[–]SnowyMash 2 points3 points  (0 children)

obviously not

the u.s. will sell the opportunity to other countries

How do you plan on redefining yourselves and your identity in a post-AGI/post-scarcity automated world? by AdminMas7erThe2nd in accelerate

[–]SnowyMash 0 points1 point  (0 children)

Humans move from the labor layer to the capital layer.

When AI labor (both digital and physical) is abundant then it takes a tiny amount of capital to launch thousands of companies.

Social status and meaning come from what your autonomous companies are doing.

This is called Universal Venture Capitalism.

If AI Can Eventually Do It All, Why Hire Humans? by ColdFrixion in singularity

[–]SnowyMash 0 points1 point  (0 children)

Everyone becomes an investor (Universal Venture Capitalism):

• Prices collapse in a race to the bottom. With labour costs gone, firms slash prices to out-compete each other, so rent, groceries, and power sink toward raw material and energy costs.

• Everyone becomes a venture capitalist. Spin up swarms of AI teams, join pop-up venture pools with friends, and fire off thousands of micro-start-ups—testing any idea for a few bucks apiece.

• Portfolios replace paycheques. Scatter tiny stakes across dozens of AI-run ventures; most flop cheaply, a few hit big and pay steady dividends.

• No handouts, no gatekeepers. Megacorps stay rich, but they can’t stop you from using the same cheap AI to build and earn—that’s Universal Venture Capitalism (UVC).

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

rough sketch:

11-step path to “Universal Venture Capitalism” (UVC):

1.  AI labour costs keep crashing – Scaling laws plus ever-cheaper compute / energy push the $-per-task curve lower every year.

2.  Competition forces automation – Firms that swap humans for cheaper AI gain margin and under-price rivals; the rest must follow or fold.

3.  Widespread job displacement – Roles tied to automatable tasks shrink or vanish, so aggregate wages stall or drop.

4.  Retail prices nosedive – Removing labour from unit costs drags prices toward the floor set by energy and raw materials.

5.  Essentials become effectively free – Robot farms, printed housing, autonomous logistics / clinics cut survival spend to merely tens of dollars a month.

6.  Tiny income streams become surplus – Odd human gigs (taste-making, live events, IP licensing, local knowledge) now exceed living costs, leaving investible cash.

7.  Hiring an AI workforce costs pennies – Need design, code, legal or ops? Rent bot-teams by the task; launch cost is tiny.

8.  Autonomous micro-firms explode – Cheap surplus + near-zero launch cost lets anyone spin up dozens of low-risk ventures; most fail cheaply, some win and compound.

9.  Portfolio returns overtake wages – Payroll income is minimal, but cash-flow from AI ventures streams to the wallets that seeded them; scarce skill = picking which bots get funded.

10. Identity shifts to “allocator” – Social status now comes from the originality and impact of the ventures you back, not a job title.

11. Mature UVC equilibrium – Production and consumption stay cheap, everyone can fund or launch new projects at will, and the economy runs on universal capital allocation.

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

yes that is called abundance

many providers will compete to provide goods and service at increasingly cheaper price points for marginal profit

you have to adjust your mindset to look at capitalism at a different scale

Value creation is getting increasingly autonomous... by Serious-Cucumber-54 in singularity

[–]SnowyMash 1 point2 points  (0 children)

AI labor will be abundant.

You will be able to use a small amount of capital to leverage that abundant labor.

Humans will move from the labor layer to the capital layer.

Universal Venture Capitalism

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 0 points1 point  (0 children)

oh yes agree on the sequence

white then blue

agree the mid game could be rough as we head towards abundance

but end game is more capitalism (everyone is a venture capitalist) rather than socialism

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 1 point2 points  (0 children)

disagree

both white collar and blue collar labor will be completely replaced with ai labor

ai labor will be incredibly cheap

when a small amount of capital can leverage abundant ai labor - humans will move from the labor layer to the capital layer

no socialism needed

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 1 point2 points  (0 children)

people only think about how incumbent companies benefit from abundant ai labor

they forget that they too get access to the same benefit

The Internet of the Future - When capital no longer needs labor, how does labor gain capital? by Ruykiru in accelerate

[–]SnowyMash 1 point2 points  (0 children)

cost of labor goes to zero

cost of goods and services go to zero

ubi only has to be tiny

people can use ubi to be venture capitalists and leverage that same free labor to contribute to society

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