The biggest issue with 2027 was that it didn't understand the economy.
For AI2027 to be real, the money has to come from somewhere to carry on building the economy. If >10% of the workers suddenly become unemployed, and the rest taking paycuts, then money supply dries up. (unless central banks do something, but then that can be highly inflationary)
Without massive amounts of investment, AI development stops dead.
In this post, they hand wave about the USA being able to acutally 1) build concensus locally for regulation and 2) the rest of the world actually follows suit.
It fails to understand that actually the progress of AI is not actually the gift of the USA. It requires a constant supply of things from china.
Also its assuming that having 74 billion agents doesn't cause economic distortion. Like what value are these agents generating that justifies them being run?
I really wish people would just ignore this for what it is: bad sci-fi with an incomplete world.
For AI2027 to be real, the money has to come from somewhere to carry on building the economy. If >10% of the workers suddenly become unemployed, and the rest taking paycuts, then money supply dries up. (unless central banks do something, but then that can be highly inflationary)
Without massive amounts of investment, AI development stops dead.
In this post, they hand wave about the USA being able to acutally 1) build concensus locally for regulation and 2) the rest of the world actually follows suit.
It fails to understand that actually the progress of AI is not actually the gift of the USA. It requires a constant supply of things from china.
Also its assuming that having 74 billion agents doesn't cause economic distortion. Like what value are these agents generating that justifies them being run?
I really wish people would just ignore this for what it is: bad sci-fi with an incomplete world.