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Comments
Still have nightmares about meeting my wife online when she was looking for someone to teach her how to use her K2600XS. The wife part was great, the 3 bibles worth of manuals that workstation had which helped not at all was not
😂
That was an oddly underwhelming conversation.
I get it, all made sense to me.
I guess I’m a Kurzweil-type of guy 😂
There’s an interview with Sam Altman on the “How I built This” podcast. Sam started OpenAI that created ChatGPT and an AI Art project. He forecasts when he’s AI software will outpace the human brain and what kinds of jobs it will be good for.
“when John Henry was a little baby…”
Income Inequality is my greatest fear. I wonder when population will hit it high point.
Sustainability seems beyond current trends towards biblical events and I’m not thinking of some Rapture… more of a rupture in basic requirements for food, housing, energy, clean water, and something decent to watch on TV to avoid the hard news.
Maybe AI will have answers on what to do.
“Downsize Dave.”
“I can’t do that HAL.”
“Open the pod bay doors.”
“Oh the humanity.”
“Had to be done Dave.”
2051 A Space Soap Opera
San Altman mplies that machine learning is the heart of AI… you feed it data and it just gets smarter at imitating life. All those computers cranking out heat to make BitCoins could be added to some ML farm to think for us and explain the crypto also means a puzzle humans can’t solve but computers can. Crypto money is like all money… it’s worth what people think it’s worth and not tied to something tangible. Imagine being the richest man and finding out people don’t believe in your form of money anymore. AI will tell you how to be safe when that happens, right?
Elon got spooked this week and he’s just getting started trying to prove he’s not just the richest but also the smartest. Turns out he’s no longer the richest and never was the smartest. But he does value good programmers but do they want to help him?
Logic knows nothing of ornamentation, aside from that which we program into logic systems, this is to please ourselves, to a machine it’s irrelevant, irrational.
Small machines that live in our brains and communicate with the Internet….my the 2030s are looking good.
This is the man who wants to live forever by transferring his soul into a machine…
Asimov’s rules of robotics, what a joke, those hard and fast rules don’t work, if we (human’s) had super computational power or the limited amount we have, we realise every moment of our life carries risk. Now create a machine with no risk and rule based set where it can calculate it poses no risk.
This article seems to indicate that AI, at this point, is neither artificial or intelligent:
https://www.vice.com/en/article/wxnaqz/ai-isnt-artificial-or-intelligent
A point of clarification: Bitcoin absolutely is tied to something of value. Electricity, time and computing power. And in the "marketplace of cryptos" people ultimately decide what things are worth via price discovery. I think in the long term Bitcoin will outlast all other cryptos because it was designed as a decentralized currency with no involvement required by any government or central bank. It still is that.
If there was a direct correlation then the BitCoin value would reflect the cost of electricity, time and compute power. It's purely an arbitrary exercise to create scarcity and the waste of resources is the crime.
I'l stand with the opinion that it's price if a function of buyer "belief"... the price of Tesla and most forward looking stocks is a similar scheme and not strictly tied to business fundamentals. Anyone that has had a lot of stock knows that it's NOT money until you convert it. BitCoin is not real money you can
use universally. You must elect to convert it and that variation in conversion rates is why it's not safe.
Currently we are in the "Beanie Baby" phase when people expect it to go up and up but lately it's loosing true believers.
Anyway, caveat emptor: the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made.
For the input of history Google: "run on the bank" and consider how you will get your money out when there is no bank and no government has pledged to make you whole if the "bank" fails. Not having a bank is probably a flaw when the whole scheme is considered valueless. And we'll never get anything back for the Billions wasted do math exercises to claim another coin. When the cost of generating the coin is less than the cost of doing the wasted calculations is will all crash. I wonder what the spread is currently on that margin? (Google might have some sight on this.)
There's benefit to decentralized finance schemes because most banks really are pretty shady since the wall between a real bank and an investing house was torn down and broke the regulatory system for banking. The Fed had little choice but to flood the market with liquidity (i.e. print more and more money). Thankfully, we and most of the world still agree this money has "value"... you have to tie an economy to something that can be traded for goods and services.
What is the cost to print, maintain, replace and support the current monetary system? The US Treasury, US Mint, Federal Reserve, anti-fraud and financial crimes enforcement arms of the government... All of that happens at taxpayer expense today. That is a real crime.
Bitcoin (in particular) is created via an incentive system and all participation is voluntary. Resources used by the miners cost them money, so it's not as if energy or anything else of value is being "stolen" from anyone, nor is it lost or hoarded. It is "digital gold" compared to the existing fiat currency system.
The current monetary system is a centrally-controlled shared illusion. It's paper (or an entry on a ledger) backed by nothing and the amount increases at the whim of the Federal Reserve. The Federal Reserve is now looking into a digital dollar also, much like China has now a digital yuan*. If it's "criminal" for private parties to contribute to a wholly voluntary system, is it criminal for the centrally-controlled monetary systems of governments around the world to do the same? They would certainly be less trustworthy, with less transparency, less privacy and a greater risk of politically influenced manipulation.
The US needs "currency competition". The people themselves should decide what is the best store of value for their wealth and savings, not the unaccountable and unelected and their manipulable and self-serving systems.