I read this and can't help but chuckle... To say that we are nowhere being able to have AGI is quite a bold statement. It was after all only a few months ago where many people also believed we were a long way away from ChatGPT-4.
The confidence with which you think we are not weighted transformers or statistical inference models is also puzzling. How could you possibly know that? How do you know that that's not precisely what we are, or something immediately tangent to that?
Perhaps if you keep going you do get something that begins to have feeling, religion and understand that it's a self and perhaps that's precisely what happened to humans.
If workers were more productive working less hours you wouldn't need the government to do anything - businesses acting in their own interests would do this automatically.
The government doesn't know how to run businesses better than the businesses themselves.
>There's a particular problem with that hypothesis:
>> Over the past 5 years, single-family home prices are up 150% in London-St. Thomas [Ontario], but down in Regina. They've barely budged in Edmonton. Monetary policy provides no explanation for that phenomenon.
In the short term effects other than those caused by monetary policy can be overwhelming (e.g., London-St.Thomas, has had a huge influx of people from Toronto over the last 5 years that would have driven up prices regardless of whatever the monetary policy may be). But this doesn't change the fact that the dollar has lost 95% of its purchasing power and that the average house price in the 1930s used to be 1X the average yearly salary, whereas now it's 12x.
I understand that this is the narrative, but show me what markets specifically. Even if ownership is 10%. That means 90% of homes that are bought and sold are NOT to foreigners.
The fact is that inflation has eroded away the value of $$ and houses that should cost $50,000 now cost $700k.
It's interesting to me that, generally speaking, both Uber and it's drivers are fine with the way things are, entering into a mutually agreed upon contract...
Only to have people who have no skin in the game tell them both what they have to do... because it's 'the right thing'.
If you want to talk about fairness, imagine the guy who started near the bottom, made his way out of dire circumstances, climbed to the top through hard work and perserverance sacrificing his 20s and 30s (all while his friends sat around smoking weed, having families, enjoying life) and now someone like you comes along and takes ~50% of what he makes, in order to give it to those guys he knows did nothing to earn it.
Walmart only makes less than $7k per employee. They have 2.2million employees. Regardless of the common narrative - they simply can't afford to raise all of their employees wages by any meaningful amount with their current profits.
Well the reality is also that if $24/hr was the minimum wage the price of items would be through the roof and that $24/hr would be worth less than what the $15/hr is worth now.
No such thing as a free lunch. You can't just inflate a persons worth without having to pay for it somehow.