This AI Boom Will Also Bust
Imagine an innovation in pipes.
This is a blog on why we believe and do what we do, why we pretend otherwise, how we might do better, and what our descendants might do, if they don't all die. Click to read Overcoming Bias, by Robin Hanson, a Substack publication with tens of thousands of subscribers.
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Imagine an innovation in pipes.
Elite overproduction … describes the condition of a society which is producing too many potential elite-members relative to its ability to absorb them into the power structure.
Unless you’ve been living under a rock, you know that for many years the media has been almost screaming that we entering a big automation revolution, with huge associated job losses, due to new AI tech, especially deep learning.
According to the Post, polls say 28% of US men age 18-30 report not having sex in the last year, almost 3 times as many as a decade ago.
Economists are often stereotyped as claiming that firms are very economically efficient, i.e., that they very effectively minimize costs and maximize profits.
The book Honeybee Democracy, published in 2010, has been sitting on my shelf for many years.
[the following recounts an exceptionally powerful teaching technique employed by an economics professor of mine at university; teaching fact-checking and skepticism by salting it into the content of his delivery]
A 2014 paper predicted U.S.
Imagine merging three public firms, by making each firm into a division of a single new firm with one new boss.
Did life on Earth start on Earth, or did it start on Mars and move to Earth?
Lauren A.
Sometimes I pride myself on my taking an intellectual strategy of tackling neglected important questions.
Twelve years ago I posted on how our era is a rare unique “dreamtime” of fast growth, wide cultural integration, and delusional beliefs.
Can’t bring yourself to slaughter a nearby village, or a long-time associate?
Upon seeing the adult world in detail, teens often lament “But it’s all so boring!” And in a standard trope of fiction, a spark of art infuses life, energy, and vitality into dull adults whose lives have lost all meaning.
> The hottest place in Hell is reserved for those who in time of crisis remain neutral. > > —Dante Alighieri, famous hell expert > > —John F. Kenne…
Men tend to want the woman they see in front of them, while women want the man other women see:
> "It is essential for a man to strive with all his heart, and to understand that it is difficult even to reach the average if he does not have the i…
(Part 1 of 8 in "Three Worlds Collide") • This is a story of an impossible outcome, where AI never worked, molecular nanotechnology never worked, bio…
25% Drop in free playtime for 6-to-8-year-olds from 1981 to ’97, while homework more than doubled. Time 30Nov, p.57.
When I was young, I read popular physics books such as Richard Feynman’s QED: The Strange Theory of Light and Matter. I knew that light was waves, so…
Imagine a world much like this one, in which, thanks to gene-selection technologies, the average IQ is 140 (on our scale). Potential Einsteins are o…