The whole point of click and point (gui) was that one barely had to engage the brain vs using a terminal.
The ideal experience is where one’s resources are able to be allocated such that one can achieve some goal with minimal effort. We are very far away from this ideal with llm’s and absurd amounts of money has already been spent.
People who participate in the stock market (which tends to be many people who may even be anti-capitalist) do so in the hope of generating excess returns.
Is this really a function of capitalism or just who humans really are in general? That is to say humans are self interested and desire to maximise their own wealth.
It’s easier to view it in terms of DCF - the value of a cash flow generating asset = present value of expected cash flows discounted back at a risk discount adjusted rate. In other words what you’ve invested into your existing assets is irrelevant - the cash flows generated by them and the growth assets through future investment, is what matters.
I suggest you watch the original iPhone video launch - Steve compares the iPhone with the existing smartphones of the time.
You’re taking for granted that we know how things panned out in hindsight. A complete touch screen phone with no fixed buttons at that time seemed nuts.
This argument has held up in the past but there’s no certainty that during this current period where LLM’s are not perfect (and in many cases far from perfect) - they can ever become perfect that it’s fine for one’s existing human capital to depreciate.
I reckon most humans never learn the valuable lessons of the past.
As you put it - nobody cares about the technology in and of itself. They care about “ok cool what’s in it for me?”. That’s what determines their decision to purchase/use a thing.
It’s telling how scarce vision is.