←back to thread

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

(paulkedrosky.com)
339 points throw0101c | 1 comments | 18 Jul 25 19:59 UTC | HN request time: 0.322s | source
Show context
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.)
replies(16): >>44609452 #>>44609461 #>>44609463 #>>44609471 #>>44609489 #>>44609580 #>>44609632 #>>44609635 #>>44609712 #>>44609785 #>>44609958 #>>44609979 #>>44610227 #>>44610522 #>>44610554 #>>44610755 #
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?

replies(18): >>44609829 #>>44609831 #>>44609835 #>>44609847 #>>44609848 #>>44609859 #>>44609865 #>>44609872 #>>44609891 #>>44609930 #>>44609963 #>>44610002 #>>44610117 #>>44610206 #>>44610410 #>>44610656 #>>44611004 #>>44612310 #
eastbound ◴[18 Jul 25 21:10 UTC] No.44609865[source]▶
> completely obsessed with replacing all developers

I’m paid about 16x an electronics engineer. Salaries in IT are completely unrelated to the person’s effort compared to other white collar jobs. It would take an entire career to some manager to reach what I made after 5 years. I may be 140IQ but I’m also a dumbass in social terms!

replies(5): >>44609890 #>>44609997 #>>44610086 #>>44610451 #>>44612283 #
MyOutfitIsVague ◴[18 Jul 25 22:25 UTC] No.44610451[source]▶
The median wage for programmers is about 5x the average minimum wage. You're paid significantly higher than the average programmer.
replies(1): >>44612318 #
1. throw1235435 ◴[19 Jul 25 03:24 UTC] No.44612318[source]▶
Especially outside the US where having a 140 IQ isn't really enough to have a high wage. Only social EQ and high capital does that in most of the world.