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AI capex is so big that it's affecting economic statistics

(paulkedrosky.com)
338 points throw0101c | 3 comments | 18 Jul 25 19:59 UTC | HN request time: 0.935s | source
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oytis ◴[18 Jul 25 20:21 UTC] No.44609364[source]▶
I just hope when (if) the hype is over, we can repurpose the capacities for something useful (e.g. drug discovery etc.)
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baxtr ◴[18 Jul 25 21:00 UTC] No.44609785[source]▶
Re hype: Why is it that so many people are completely obsessed with replacing all developers and any other white-collar job? They seem to be totally convinced that this will happen. 100%

To me, this all sounds like an “end-of-the-world” nihilistic wet dream, and I don’t buy the hype.

Is it’s just me?

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overgard ◴[18 Jul 25 21:17 UTC] No.44609930[source]▶
I find it weird and uncomfortable too. Like, why are there a bunch of people excited about mass unemployment?
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Ekaros ◴[18 Jul 25 21:21 UTC] No.44609970[source]▶
It is not about mass unemployment. It is about efficiency. Producing the same thing for cheaper. Leading to cheaper products to buy.

That is what allowed our current lifestyles. It is good thing. Now it is just coming to next area.

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1. rightbyte ◴[18 Jul 25 21:27 UTC] No.44610026[source]▶
In a capitalist society?
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2. Ekaros ◴[18 Jul 25 21:30 UTC] No.44610055[source]▶
It is the one thing I believe capitalism at some level works for. Invest capital to build something that gives competitive advantage over other capital. Buying newer bigger factory that allows producing more for cheaper to compete with others.

With AI it is white collar work.

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3. rpdillon ◴[18 Jul 25 21:49 UTC] No.44610188[source]▶
This is exactly it. I was talking to my wife about this this morning. She's a sociologist researcher, and a lot of people that work in her organization are responsible for reading through interviews and doing something called coding, where you look for particular themes and then tag them with a particular name associated with that theme. And this is something that people spend a lot of hours on, along with interview transcription, also done by hand.

And I was explaining that I work in tech, so I live in the future to some degree, but that ultimately, even with HIPAA and other regulations, there's too much of a gain here for it not to be deployed eventually, And those people in their time are going to be used differently when that happens. I was speculating that it could be used for interviews as well, but I think I'm less confident there.