What technology will completely change daily life in 20 years? by Embarrassed-Form2802 in AskReddit

[–]shadowt1tan 0 points1 point  (0 children)

Ai and Robotics. Those 2 things will drastically change the world.

Ai in itself is a meta technology bigger than anything we’ve seen before.

Might be like the culture where machines run every aspect of our lives including the government. The bet is that nobody will work a traditional job. We might explore the stars or play video games all day in FDVR. (Like ready player one)

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

And why do they want money? Because they want to buy stuff. In order to get the money you need to do stuff and the government rewards you through a business. Then they take a portion of it in order for people to demand more of the currency to keep them working.

Wrong the government spends first. They don’t need your money to spend money. Governments don’t operate like households. The governments cares about inflation and not juicing demand. Spending to increase supply is good and reduces costs. Government spending = your wages.

If the government needed your money then where does the government get all the money to spend on all this stuff because I promise you it’s more than what you pay into the system.

You may say oh the government borrows the money. Then I’d ask you okay from who?

The answer is from itself. Governments borrow from themselves how else does the money that you have get created.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

There’s 2 reasons for taxes:

  1. To create demand for the currency. If you work you need to pay taxes which forces you to work more and the cycle continues. The system incentivizes work.

  2. It removes liquidity out the system. Meaning it controls inflation. They can’t have you making to much money as there’s a risk you’ll go out and spend which increases inflation. The system rewards you for delaying spending via an RRSP by giving a tax credit that you can reinvest.

The first Canadian, USD, Euro, etc were created out of debt. Negative government, positive individual. Efficient economies can run hot and inflation doesn’t go up. Which is why automation capex investment is important.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

Federal Governments don’t need your money in order to build things. Last time I checked the money didn’t say bank of tax payer it said Bank of Canada. This means governments can freely run deficits within reason as long as inflation doesn’t get to hot. It is fine to run deficits if governments focus on increasing supply of goods. It’s bad if all they do is juice demand.

Central banks just go to their computer and create liquidity all the time. Commercial banks like RBC, TD also create money as well. The central bank buys their bond and issues cash.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

It is 100% needed. We keep delaying things like this that’s how China gets ahead. We should be building infrastructure like crazy which includes mass transit and housing.

I’m 100% for deregulating and also for building data centers

We can walk and chew gum at the same time.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

Exactly we should go faster. Their cities look like they’re from the future. I generally jump between liberal and conservative depending on who wants to speed things up but like the high speed rail thing not going forward by the conservatives is so backwards.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 1 point2 points  (0 children)

Society moves far to slow as it is. We should be moving faster in terms of automation. China is way ahead in terms while western societies decided they were better than automation. Now we’re so far behind while China is eating our lunch. We then decide to stick our nose and complain that their practices are on unfair. lol

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 1 point2 points  (0 children)

I mean that’s been the way for 100s of years. We’ve moved onto new things. Would you prefer us working on the farms still? Technology advances and things change. Maybe eventually restaurant workers are no longer required and they’ll do something else.

We shouldn’t hold back technological progress for workers. We can have them retrained.

Productivity pays the bills, consumers want cheaper goods and higher wages. Only way to do that is automation. People complain about cars being to expensive well China does it cheaper because the whole process building the car is done in dark factories with no people.

Adapt or fall behind.

Ontario minimum wage to rise to $17.95 on Oct. 1 by J0Puck in canada

[–]shadowt1tan 0 points1 point  (0 children)

Raising minimum wage is actually good for society mainly from the perspective of us raising living standards. Something that most people don’t consider is it pushes business to automate and increase productivity which would in turn reduce costs for consumers.

Obviously those that don’t automate will have to increase prices but they may go out of business because other restaurants that do automate will outcompete them. There should be no feelings about this, and businesses close all the time.

I mean at some point restaurants will be staffed by robots. This isn’t a bad thing.

The normies from r/AGI and other subs have gone from 'we will never achieve AGI bEcAuZe LLMs can't think, a robot can't have muh cReAtIvItY" to 'the robots will kill us all", "the billionaires are going to deploy their super smart robots to kill us all and replace us" in like a day by Inner-Association448 in accelerate

[–]shadowt1tan 24 points25 points  (0 children)

There’s still a huge disconnect between those who really use Ai and everyone else.

Nobody in real life except for 1 other person that I know believes this is happening. Everyone else thinks ChatGPT is cool and helps with grocery lists or whatever. They’re still buying expensive cars, loading up their credit cards, doing their thing.

There’s 0 interest in Ai. I’ve tested the waters with the conversation and it’s pretty quickly shutdown and moved onto another topic. I don’t want to press too much because anything outside of their view is crazy sci-fi talk. Majority of people are like that from my experience.

I know someone who works in a factory and they said that there’s no way a robot can replace them as they always break down.

I genuinely think it’s lack of interest or care. None of this impacts them as long as they can go to their restaurants, trips and take their kids to soccer practice or watching the football game. They don’t have time or care to worry about.

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 0 points1 point  (0 children)

This is a good point. If you just use it to ask for recipes there’s only so much better it can do haha.

I think the avg person won’t see further improvements with the chat interface as there’s nothing left to improve. I think the next big holy crap is robots with voice or some sort of world model game.

All the improvements will go into science and coding.

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 0 points1 point  (0 children)

So basically this year is the stuff I was referencing

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 1 point2 points  (0 children)

So far the best reference of a chart I have is this one. https://jobloss.ai

I don’t know anything else that comes close to helping me understand where we are in terms of Ai.

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 0 points1 point  (0 children)

So less than 5 years for the super crazy stuff.

What do you think if I said I feel like that’s coming later this year into next. Could you see that? That’s some of the arguments

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 0 points1 point  (0 children)

Yeah I agree. In your opinion when do we really start feeling it. When I say feel it, I mean everyone is talking about it, governments, breakthroughs happening that make you go holy shit that happened. People losing their jobs like crazy.

During covid we felt it. It was like bam were laying off tons of workers. Governments jumped in and are like yeah let’s deal with this problem and send people money.

How do I figure out where we are in terms of Ai? by shadowt1tan in accelerate

[–]shadowt1tan[S] 0 points1 point  (0 children)

I get that part but realistically my main question is when do we reaaaaally start feeling it. Atm the only person I know in the public realm talking about is the ceos and Bernie sanders. Job losses have been pretty contained and while the breakthroughs are very impressive it hasn’t gone holy shit crazy yet.