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Comment Re: Six-fingered investments (Score 0) 7

Are you saying AI invented banking?

If AI wasn't bubbling do you seriously think there wouldn't be some other bubble, because humans like bubbly, and other meaner humans love popping dreams with irrational fear and spreading panics?

What if instead we let bubbles run but insured you and me against panics with basic income?

Comment Re: Hardware will be fine (Score 1) 44

What if the railroad crash was simply an irrational panic of bank lenders spreading by contagion to fundamentally good assets (by any mainstream reckoning)?

What if you are trying to shoehorn irrational panics into a narrative where eonomic rationality is the norm, but another narrative can easily be spun about irrational market responses that wildly exaggerate little blips and lead bankers to call in notes in fear that are perfectly good, economically speaking?

What if Greenspan caused dotcom by framing irrational exuberance as something to be punctured by raising interest rates, which created a lending panic, due to his sensibilities alone?

What if the Fed had bailed out Lehman brothers, would the 2008 panic even have started?

Comment Re: Hardware will be fine (Score 1) 44

"a significant amount of what it is being used for now quite often has zero, or negative utility itself"

Is utility in your eyes alone, or the eyes of all beholders?

If people pay attention to AI but you don't like it, does that mean it has no utility in general, or are you saying more about yourself than utility?

Comment Re:Yin and Yang. (Score 1) 30

It doesn't change climate, it's a local thing. A tiny change in weather isn't climate and this often doesn't make rain it's such a weak forcer. Been done off and on since the 1940s, old thing. And the AgI doesn't even dissolve in water so it's not bioavailable to any organisms, no salts!

It is utterly harmless to living things.

Comment Re: Centralized Energy Industry (Score 1) 121

and how are you going to move and distribute food across the nation? or for that matter grow enough food to feed it? Modern tech is the only way now, unless you're advocating mass death. I'm fine with ultra-greenies advocating for population reduction, if they take on for the team and give themselves the first bullet. Otherwise, it's hypocrisy.

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