What if AI psychosis is the product? What if the highest economic value of AI is selling humans satisfaction? The same way that social media has flourished by allowing humans to outwardly project status, AI might flourish by allowing humans to inwardly project status.
Zcash being punished by the market like this when they are doing everything right, and are clearly going to make things right for their users no matter what makes no sense to me.
What if AI psychosis is the product? What if the highest economic value of AI is selling humans satisfaction? The same way that social media has flourished by allowing humans to outwardly project status, AI might flourish by allowing humans to inwardly project status.
@Philadeliberty@Mike_from_PA I'm anti-wealth tax, but a home that has greatly appreciated is absolutely wealth. The fix in my opinion is actually basically what PA already does: giving capital gains and income the same tax treatment. If that applied everywhere, more people would pay themselves directly.
@banteg@woke8yearold I think you're right about this. Claude is for sure the better businessperson but Codex is a lot more capable in terms of coding output on hard problems. But this also explains a lot about Anthropic's enterprise momentum vs. OpenAI's.
I wrote something today that compiles a lot of thinking I've been doing. It's clear that AI is an economic revolution. Yet something about the "AI economy" still feels fragile.
https://t.co/2exPoWaCpq
@banteg I've sensed that they've been forming a profile of me across my Open AI usage. It's a bit creepy, but it's ultimately what I would want it to do for maximum utility. And I guess it's up to me to share only what I want to share.
@MikeIppolito_ I think this is pretty accurate. Going back 30 years on internet tech, the market has rewarded distribution over all else in the long term.
A large part of my interest in blockchains is the evolution of democracy and governance. And I think we are witnessing that evolution live now, particularly as it pertains to L2 as lower levels of governance superseded but an L1. I think Arbitrum is making the right call here. And if the community eventually decides they didn't, the Security Council can be replaced democratically.
@banteg I'm very concerned about this. Building actually secure software will cost 10x (or more) than the status quo. Shareholder capitalism will mandate we take the 1x cost rapid development approach, security risks be damned.
@harrisonfinberg I've thought about this a lot. Why buy something in Philly when you can buy something with similar economics elsewhere and not have to deal with all the extra taxes and outright hostility? I get it now. (Source owned things in Philly.)
@jamesonhodge I want to read this more carefully when I have some time, but I literally just started reading this book from one of my professors in college. Been having a lot of thoughts on this theme recently.
https://t.co/nj1rQE8x2A
@jongeeting This city can't get out of its own way. I think there is a sort of a new culture war fault line brewing though around pro-growth / degrowth and we see it most clearly in places like Philly where it's liberal vs. lefty and no real right wing to cloud it.