Kevin warsh thinks AI is deflationary which will lead to abundance in service and supplies because now robots mass produce for humans. Print baby print.
>>62537378It will soon be time to create memes about this guy.
why these niggas trying to get him to raise rates
>>62537378He's just bending reality a little. Robots produce for a few humans, and less and less so. Mostly they produce for AI.You vill live in ze pod.
>>62537378ah yes ai will only be as intelligent as we need it to be and will never get any more intelligent ever
>>62537378Are the robots mass producing things in the room with us?
>>62537632It can be stupid as fuck, if it's cheaper doing economic tasks just well enough, we die off.
>>62537632kinda yeah, an LLM is like a data structure where values are arranged by keys (tags), all values are connected by n degrees, and a program can compute transforms across connections to generate an output. We've extended this by providing more memory and "threads" in the form of agents, but the basic idea hasn't changed. Ultimately it just means that big tech has created the perfect tool for intellectual property theft, always following human innovation (and sometimes assisting it) but not really producing any of its own
>>62537430He announced a meme task force last FOMC.
>>62537632It can only ever be as intelligent as the people feeding it data, anon.