AI and the effect on Economy/Society

Right, so it seems PC gaming is not as good an investment as AI because most companies seem to be cutting supply of gaming devices/components in order to supply business with AI. This is getting riddiculous as a decent set of 32GB DDR5 memory is costing over £300 from a UK perspective.

Also the effect on the environment and public health is bad, Elon musk is among a group of people using environmentally damaging power generators which is affecting public health, the power generated powers an AI bot for his X website.

Also we are looking at massive job loss directly due to AI and it’s ability to perform lots of tasks, economies are already bad (like France and USA) and the effect of AI on top of the usual economic problems might be quite bad.

I can’t help comparing this to Crypto, in fact it would seem people are losing more than they did when crypto lost value or was stolen. In countries like the USA there are actually no rules as to how far AI can be introduced into society. Is AI a Con? or is it being used as a Con just as Crypto is/was?

I’m looking forward to reading the different perspectives on this. let me know what you think.

I’m very dissapointed with companies like Micron, Kingston, Crucial, and many of the companies that make memory..gamers have supported them overwhelmingly for many years, we put them where they are now. They have abandoned us as soon as someone put billions on the table for them to claim. Why can’t the data centers accept a normal supply of memory that doesn’t interuppt the current supply??

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You can’t regulate AI without everyone else getting ahead and dominating you. It’s an arms race some countries (EU) are choosing to lose and others (Russia) are barely participating in.

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EU is on the right track with this. In the end we will be better off without it. We don’t want your AI.

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I’m no fan of the EU, which is why I agree they should try to regulate AI. It’ll ruin them even more than their sanctions on Russian gas already has.

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If you’re a pencil-pusher or have some kind of office job, then maybe you should be worried. Those of us with real jobs, however, couldn’t care less about AI. I’m in a line of work that 8 billion people use every single day and can’t be automated. Ever.

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It will regulate itself. Just like GPU prices were insane at the height of the crypto bro madness, then they came back down.

While that maybe true, do you think that people will always be able to afford the service you provide? It’s fine that AI cannot do certain jobs but as an extreme example; if all office workers lost their job then how would you expect your job/industry to be supported?

There is no AI. Everything these AI bros tout as such is nothing but a glorified, power guzzling autocomplete bot.

Sanctions against gas and oil from Russia has not and will not ruin Europe. What it really did was speeding up the exit from these antiquated and toxic systems that made it easy to extort and bully Europe into submitting to autocrats and the OPEC cartel.

What would that be? House building, elder care, administration, customer service, food growing and harvesting, politics, security, infrastructure maintenance, bus/tram/train driving, system admin, bakers/restaurant/bar tending and so on can all be automated or automated enough that far fewer people are needed to run the remaining tasks or run ultra annoying correcting work to fix AI mess-ups.

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The oil and gas industry. There’s no getting away from it. Matter of fact, there isn’t a single computer or data center in the world that would exist without it…

It wouldn’t make a bit of difference. All the people in the office are doing is answering phones and calculating payroll. They don’t survey, they don’t drive 120-ton equipment halfway across the country to jobsites, they don’t rig it up, they don’t drill, they don’t produce. As I said, if you have a run-of-the-mill office job that any computer could do by itself, then yes, you probably have something to worry about…

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While some places are attempting and have created robots to do massage therapy, in the end you cannot replace human hands or the intent behind what we do..

i see SOME benefits for robotics giving massage, but majority of people will want the connection of an actual therapist IMO. I don’t see my job disappearing due to a robot.

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one other job you’ll never be able to automate.. the technicians that keep that ■■■■ running lol.

Agreed. LLMs likely won’t lead to GAI, no matter how many modes you add. But even a glorified autocomplete can make countless jobs obsolete, and that’s a good thing.

Good luck building an economy on unreliable solar and wind. It’s one thing to build solar in consistently dry environments, but half of Europe tends towards rain and snow. Winter is particularly hard on wind, which is also when you need power the most.

I do mean that good luck. The less hydrocarbons we waste as fuel, the more we can turn into tasty microplastics.

Bit off topic here, but there isn’t a single form of “clean, renewable” energy that can be produced without using petroleum and it’s byproducts in the manufacturing process. Not one. Until we find an alternative, there’s simply no getting away from it…

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The problem is not AI, the problem is humans. We are a violent destructive species who seek better weapons to kill each other all the time. I joined the army at the age of 18, out of some sense of being a hero, but I never killed anyone during that time. I work now with a PMC and I have lost my left leg below the knee and continue to protect people by killing the bad guys. I would be out of a job, if humans were all humanitarian. Humanitarians are not always nice people either. There sure isn’t enough of the nice ones to make a difference. Mankind will develop AI for one of two reasons, both lack any morality or just cause. Once that is done, and it can actually think like a human being, there won’t be any humans.

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Ok, but if people are using less oil then the need to survey/dig for oil is less, if people are driving less due to cost for example then the orders for unrefined oil are less as less petrol is needed. Economies can still shrink as there is less productivity.

In the USA for example lots of car production factories are closing, the orders for different types of oils are decreasing which will definitely affect the jobs of the people mining the oil.

This is what people simply don’t get. It’s not just about vehicles and fuel. Petroleum is used in over 6,000 products you use every single day. From the roads you drive on, the roof over your head, your toothbrush, makeup, every single piece of plastic or technology you own, to the shoes on your feet. There is no getting away from it. Period. We will never stop drilling for it until it’s either all gone, or we find something better.

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Yes, I understand this fact, but if you look carefully…Can a woman without a job afford expensive makeup? I may not be able to afford a new computer in a couple of years as I usually upgrade, I may put off buying a new TV, washing machine, fridge,

Might a manufatcturer who makes more durable shoes come along? might people start replacing shoes every 2 years instead of every one year?

I understand where your coming from for sure, but I’m not sure things are as secure as you say they are.

Can a the road authority put off replacing roads for 3/6 months? It’s possible, I can definitely agree your line of work is quite likely the most secure, but I’m sure it would be affected if orders reduce or stop.

The issue is billions of people are cutting back all at the same time, I’m unsure how oil mining would maintain optimal sales if the orders for the oil reduce.

Most car manufacturers worldwide are being forced to build EV’s and there are deadlines, do you think over the next 20 years the demand for oil will remain the same? I don’t think it will, you’re right it won’t stop companies digging for oil but it will reduce the amount of oil needed.

A.I ? All I see is Artificial, not Intelligence.

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But then again, the computers (and I’m including AI under this) can’t even do that right! Anybody who’s ever had to deal with a computer-operated customer service over the phone (ebay, amazon, etsy, take your pick) knows it. People are still better at that than computers! The only difference being – big businesses don’t want to pay people wages. And this is where the f"cked up stuff begins.