>>107567122
Ai is replacing white collar workers, and they never had any impact on gdp and productivity in the first place.

>The productivity paradox refers to the slowdown in productivity growth in the United States in the 1970s and 1980s despite rapid development in the field of information technology (IT) over the same period.
>The term was coined by Erik Brynjolfsson in a 1993 paper ("The Productivity Paradox of IT") inspired by a quip by Nobel Laureate Robert Solow "You can see the computer age everywhere but in the productivity statistics."

>>107567122
We're doing just fine

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>>107567122
?

its a money laundering op i would bet. the llm algorithms are flawed and even if they had infinite computing power they still would be about as good as they currently are. there isn't any intelligence, and the idea of a "recursive" algorithm is just nonsensical. a llm will never discover anything that didn't already exist, nor find an unseen pattern. my guess would be in the future most menial corporate jobs will just be llm slave masters ensuring the algorithms aren't spitting out complete junk, enabling them to do grunt work 5x as fast.

>>107567250
>Anything I don't understand is money laundering
What's with everyone doing this nowadays

>>107567274
larry ellison sure got large government contracts. im sure no us politician has any oracle stock or receives any political donations. oracle sure needs a lot of gpus for these new government contracts, i wonder where they will get all the gpus from. im sure no us politician has nvidia stock.

>>107567303
That's not money laundering, that's a pump

>>107567122
it is not enhancing what workers can do, it is replacing them.
A +1 and -1 leaves your GDP in the exact same place only distributing the money to the top.
I believe in 20 years 50% of workers will be unemployable and on a monthly UBI.

>>107567319
instead of just taking the money we will spend it on things that hide the fact that we are stealing the money. there by, in a way, cleaning that money so no one gets mad at us.

AI is mainly designed to help programmers write code, but the ability of programmers to write code isn't what limits their "productivity".

>>107567122
AI can't do things which require precision, like write good code.
AI is very good at doing a small set of things like better than human face recognition.
Most of what AI is good for is not useful except for a surveillance state, which is what it is being used for.

>>107567189
Do computers really increase "productivity"? They're used everywhere, even in places like small shops or restaurants, and I would say that, in most cases, they cause more problems than they solve.

>>107567182
Trvth nuke

>>107567366
Don't be retarded. Imagine a shop without a cash register, without computerised payment records, manually tracking inventory, receiving orders only by phone, paying providers and bills in person with cash. Computers are so pervasive and ubiquitous that you forget how much we rely on them

>>107567392
>manually tracking inventory
average middle manager implying that computer did everything when some minimum wage worker keeps getting told that he isn't inputting the records fast enough

>>107567366
the jewish digital banking system allows them to process transactions much quicker, and allows goyim to use plastic cards instead of carrying cash. goyim can spend money they dont have via credit and pay 23% interest when they dont make their payment. the banks can then sell this debt to other jewish banking families.

>>107567196
Exactly.

>>107567250
>a llm will never discover anything that didn't already exist
This was the consensus by most researchers 2 years ago but those same people are fervently defending the opposite now. What did they see? My bet is the fat paychecks.

>>107567407
Now imagine if instead of inputting records you had to write them down on a notebook, manually update the total stock, and have to make out Carl's handwriting to tell if that's a hairdryer or a dishwasher

>>107567334
thiserino

>>107567182
Kek based

>>107567334
So true bro
Phones just put runners out of business
Cameras just put painters out of business
The printing press just put scribes out of business
Agriculture just put hunter gatherers out of business
I hate trchnology. Only thing that matters is creating jobs.

Here's my high IQ reply then: he starts out with weaselly, hand-waving terms rooted in a weak, poorly defined field called "economics." His overall argument seems to be that AI is bullshit which is a retarded, indefensible position, hence the need for nebulous, and poorly defined terms like "GDP" and "productivity."

His position is indefensible when one considers the many fields AI has displaced. Since chans are filled with contrarian, neckbeard faggots, trying to prove people wrong for ego cred (and OPs post is probably a zoomers home work assignment anyway), this is the part where you pounce on me for not spoon feeding you what they are. So I will of course then list the obvious answers: voice over work like (audio books), voice acting, call centre, support staff, transcriptionist / note taking, receptionist, graphics design, 3d modelling, bla bla bla, do your own home work, faggot.

>>107567122
Because it's current profitability vs it's investment is DRASTICALLY incongruent. It'll probably get more and more profitable over time, but investment has gotten far ahead of it all. Dangerously so.

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low IQ thread

>>107567122
GDP is a flawed metric. Importing a gazillion jeets is going to improve the GDP far more than AI ever could, because they're gonna spend that meager pay on stupid shit and get the state to spend on their poorbux and health coverage, all of those things pump GDP, while all AI does is that companies will be able to deliver slightly more.

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>>107567122
gdp growth happens when you add another toll booth or middle man. if you give away a service for free or make something redundant, that actually subtracts from the gdp

>>107567122
The impact has been the mass firing of employees, which was always the goal. The bullshit about revolutionizing everyday life was always snake oil for the plebs

It's been fantastic for auto-translate. Even web browsers easily translate for you nowadays; this was unheard of 10 years ago.

But, yeah, for the economy at large the impact is muted. AI isn't going to affect housing and utilities at all, for example, and these are most people's biggest expense. Universal basic income is a pipe dream when housing is routinely rented at 30-50% of income or purchased at decades worth of wages. Isn't Trump proposing 50 year mortgages in the USA? You think the government is going to turn around and give the unemployed ongoing welfare benefits that will cover their budget with no requirement to work? LOL

>>107567122
The current situation can be characterized as a market bubble. A significant proportion of users are satisfied with using free versions of large language models such as ChatGPT. In the domain of AI image generation, extensive usage restrictions have led many technically proficient users—particularly those with high-performance hardware such as NVIDIA GPUs—to run models locally.

As a result, it is difficult to generate sustainable profit from two of the most widely used AI product categories. At the same time, industry actors are aggressively acquiring large datasets to support their services, which increases operational costs and further erodes potential profit margins.

>>107567196
constructing data centers that do nothing of value to raise your gdp sounds a lot like china constructing empty cities to raise their gdp except the difference is the cities can eventually do something other than waste resources

>>107567766

>Government pays unemployed to build/maintain housing

>Housing market prices plummet

>UBI is now affordable / sustainable

>>107567122
the structure and usefuless of AI is contrary to giant corporate bureaucracies which are now the bulk of our economy (ai works best in very flexible, customizable and particular set ups where a group/area who knows how to use it sets it up specifically for their use case, this is not at all how it is rolled out or how corporations work they work top down and AI is largely useless for that apart from like surveillance), and many of our largest companies have been captured and subverted by indians who use it solely to funnel money to their ethnics.

>>107567189
The way it's calculated is relative to the pay to productivity gap. Consumer spending can't go up if you don't pay them enough, thus the output related to consumer spending cannot increase profits beyond wage reduction.

>>107567806
>Housing market prices plummet

This lowers GDP and thus will not be allowed.

As others have pointed out, the primary use for AI will not be companies generating new revenue with it but lowering existing expenses. Expect higher CEO pay, dividends, and stock buybacks AKA more of the same last 40 years

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>>107567196
Unless ai can bring real benefits, building data centers is just postponing the economic crisis. Yeah, a bunch of buildings have need created and mony has been circulated, but the only thing to come out of them so far are some moderate automation, cumbrain shit and more scams. Not enough to offset the cost, let alone propel the economy forward. Something profitable will need to come out of it, or it's not going to hold.

>>107567182
underrated post, so good you get honorary trips

>>107567882
excuse the autocorrect, I'm phone posting from the shitter

>>107567182
holy based

>>107567274
It's like "tax write-off" or "Dodge v Ford".
It makes you feel like you're in the know.

>>107567122
>give me your best take on this
the twitter nobody is correct

>>107567182
>nooo! it really is replacing things
cringe

I increased my income with AI, you plebs are just not trying

>>107568202
shalom rabbi

>>107567189
Spbp
It's almost like we've been through this productivity gap before with economists.
In living fucking memory.

>>107567274
Everything i don't understand is
Money laundering
Jews
Glowies
Psyop
Pick one, or make up a new one.
All signs of low iq or schizophrenia

>>107567122
There is observable impact.

You're not running negative GDP.

>>107567407
>when some minimum wage worker keeps getting told that he isn't inputting the records fast enough
Why the fuck are you *manually* managing inventory on a digital system? The amount of manual manipulation should be the minimal not the total. You should know there's 20 in a box, 50 boxes on a pallet. One action should update the input of the lot... And the most manual part should be *blip*. IF that.

>>107567409
>the jewish digital banking system
I strongly encourage you to investigate the history of the banking system.
It's not the jews you're thinking.

>>107567417
>This was the consensus by most researchers 2 years ago
They wasn't very good researchers, then. Or they'd have known this shit will be able to provide previously unconsidered combinations.

>>107567882
>Not enough to offset the cost, let alone propel the economy forward. Something profitable will need to come out of it, or it's not going to hold.
Accurate assessment.

.gov everywhere doubling down hard for the panopticon potential but the fact of the matter is it can't keep propping itself up on bullshit.

For them to do that, they'll need to start absorbing serious income....

>>107567882
cute nazrin

>>107567182
Can you show evidence of this without citing AI companies?

>>107568316
>previously unconsidered combinations.
the libraryofbabel website can already generate every single unconsidered combination in the english language, and it doesn't require a data center to run the algorithm

>>107567346
This. A programmer spends maybe 3 hours a day writing code. Let's say LLMs cut that by half (not really, even that's optimistic), it's not like those 1.5 hours in the day are going back to the employer. Most likely the programmer will just dick around on Reddit or go home early.

So let's say 50% of those time savings transmit back to the employer. That means the company got back 45min a day of productivity. Meaning it could get away with shrinking 10% of the SWE workforce hypothetically?

Apart from a handful of pure play software companies, does it really matter if you reduce SWE payroll by 10%?

same reason it's been years we don't get non shit AAA games and hollywood movies

making new good stuff is not a technical problem. Code is not the bottleneck so AI is not that helpful
when finally new good stuff gets made it becomes a technical problem to make it run efficiently and that's where AI can help

right now consumers don't see AI because it's used by companies internally:
>in an evil way: by cutting costs to core and non core business by replacing part of the human workforce
>in a good way: by freeing human resources so they can focus their time on better stuff / new features
>or a mix of both

>>107568371
Then good news. This can work for more than language.
But you'd know that if your head wasn't that far up your arse you can only see teeth.

>>107568390
>because it's used by companies internally:
But what is that *worth*. What will they pay?
Especially when they can just deploy an open source model from china.

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>>107567122
Turns out people are extremely retarded and fell for an obviously useless "AI" meme.

>>107568376
This is how I feel about "productivity" typing shit like DVORAK, mechanical keyboards and riced text editors. If your bottleneck is writing code rather than figuring out systems, algorithms and debugging then you're a code monkey, not a software engineer

>>107568480
>But what is that *worth*
well it's worth something for the shareholders
they can cut almost everything and keep the business alive, devs in core business, most of non core business like, SaaS services that can be made internal, support, QA, and also human translations, art, copy writing, legal assistance
if google can be run with same revenue and half the costs AI just doubled the value of google.

Or in a less evil way, without cutting costs all the resources that were spending time on some bullshit drudgery can be redirected to new feature or polishing or more support and give the entire company a better grip as a leader in their market
That's value. No one is counting how much it is but it's there since literally every company pivoted to use AI internally as much as they can

>>107568376
I just spent 3 years working with embedded software engineers and there's just not much typing going on. More figuring out why stuff isn't working as expected and waiting 12 minutes for their project to compile and then 10 minutes for the "self-test" on the device to fail. They're extremely slow and are deliberately not writing much code because the code review process discourages it and rather than write anything they'd rather shit up their project with third party libraries (some of which are "generated") that aren't even precompiled (which is why they end up with 1200 file projects that take 12 minutes to compile). That's why AI can't help their productivity, it won't spontaneously convince them to precompile libraries and reduce their number of translation units.

>>107568555
>well it's worth something for the shareholders
And this will return the trillions invested... How?

It's digging big holes. They need to be filled, but people are just building across the span - whilst digging it wider.

>if google can be run with same revenue and half the costs
Now start doing math on what it'll take. Dickhead at screwgle was talking about doubling capacity every 6 month for the next 6 years. What's that going to cost? Especially considering they're at the point of having to build datacenters and powerstations to put the existing stock in...

And lets pretend that's screwgle sorted. What about the other examples?
There is going to be a winner in the "AI Race" and it isn't going to be everybody. Everybody else is losing everything they've thrown in. They may come across the line, but they aint ever getting anything for it.

>>107567464
Open markets are great for numbers who live on paper. However, we’re citizens living in a nation. Economies exist to serve the people who constitute them.

>>107568659
>Economies exist to serve the people who constitute them.
Then why are you in favour of keeping useless jobs that can be replaced by machines? People doing a job that nobody needs them to be doing just for the sake of having a job is people serving the economy, not the economy serving people

>>107568659
Did you even bother to read the post you responded to?
Your bot get lost?