What happens to stocks, investing and generally capitalism when automation and robots do everything?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe you guys don’t read enough, but we are getting very close to having robots grow and manage our crops, take over trades, medical procedures and even 1st year legal associate jobs are in danger of being automated out.

I can’t help but imagine a large segment of an unemployed population growing disillusioned with capitalism itself. They vote. And if they vote for UBI and in their natural self interest it just feels like capitalism will suffer and some new form of society will form.

Basically is my VTSAX going to be worth 1000% more in 2050 is my question. We are rapidly getting to the point of mass layoffs for white collar and even some blue collar jobs soon. Plus AI doing a lot of coding and all other types of sht. You people need to read more about what’s coming.

1. Crops- you do know that crop management is almost entirely automated for a lot of it now? Only takes a single farmer to drive a combine harvester.

2. Trades- again, a lot of it is already automated at a certain level, especially the way big firms have things managed. The difference is that they have control of the algorithm. If you think a firm is going to give control to a system they don't control, good luck with that.

3. Medical procedures- I doubt people will be interested in having robots do this work, and if you can't get patient consent, what do you have?

4. First year associate jobs- okay, yes basic work can be automated, but you are still going to need an expert to review the work- judges don't tend to like hallucinated case cites.

5. Coding- not my area, but I have heard that companies which have actually used AI coding have ended up spending so much time debugging it that they are rapidly reconsidering.

https://futurism.com/artificial-intelligence/new-findings-ai-coding-overhyped

There is a cost side to all this, you know? I just think you are getting way ahead of where it will actually end up.

Why wouldn't you want a robot or AI doing procedures or diagnostics once they demonstrate better performance than people? We're not that far off in some areas of medicine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because we’ve never had a technology like AI that replaces, or makes obsolete, human reasoning. We may have to get used to the world from WALL·E. A bunch of dudes drinking meat in a cup in flying chairs.

More jobs to fix the robots? Bro, robots will fix robots. Read up on Boston Robotics and Tesla stuff coming soon. We simply aren’t ready for what’s coming.

There is no such thing as “artificial intelligence.” It is a very clever marketing trick to call it AI because you have been primed by movies like WALL E to think that AI is possible.

LLMs like ChatGPT are more accurately called statistical language models, a much less sexy term that doesn’t inspire breathless coverage or debate. All of the tools you have been reading about are based on pattern recognition, not actual abstract thinking or reasoning. You have basically been manipulated by a marketing campaign.

Enough with semantic bullsht. You understood when I wrote. No one is being manipulated by slick marketing. The impacts of AI in the workplace are being felt and these jobs are not being replaced. And soon robotics will introduce additional labor shortage challenges. What are you scared of to admit that?

It’s not semantics. Intelligence is a word with an actual definition and “AI” does not meet it. In this case definitions are very important.

I actually use AI enthusiastically in my job and come up with use cases all the time. But it’s not “intelligent.” It’s a wonderful tool, the same way computers and word processors and online databases and cell phones are tools. It can’t actually do much right on its own and that’s ok- I get a lot out of this tool and am finding ways to do my job better. But unless your job involves no skills whatsoever, it can’t replace you.

Explain your definition of intelligence and why AI doesn't meet it.

Intelligence requires applied reasoning. For example if I ask you about a seahorse emoji you will look it up and tell me there isn’t one. You are using your intelligence to understand an unforeseen situation. Even my dog has shown this type of intelligence.

Presented with the same inquiry ChatGPT goes into a freaky error mode and makes something up. It will always have these types of bugs because it can’t actually think. It doesn’t have intelligence.

And yet it’s taking jobs which are not being replaced. Which is the main point of this thread. Explain.

What are these jobs that are being taken? What skills do they entail?

+1. No one ever says what jobs are being taken by AI right now. Just because it's a crappy job market (because it's a crappy economy) does not mean AI is doing those jobs. Companies are laying off for their own reasons, not because AI is delivering yet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because we’ve never had a technology like AI that replaces, or makes obsolete, human reasoning. We may have to get used to the world from WALL·E. A bunch of dudes drinking meat in a cup in flying chairs.

More jobs to fix the robots? Bro, robots will fix robots. Read up on Boston Robotics and Tesla stuff coming soon. We simply aren’t ready for what’s coming.

There is no such thing as “artificial intelligence.” It is a very clever marketing trick to call it AI because you have been primed by movies like WALL E to think that AI is possible.

LLMs like ChatGPT are more accurately called statistical language models, a much less sexy term that doesn’t inspire breathless coverage or debate. All of the tools you have been reading about are based on pattern recognition, not actual abstract thinking or reasoning. You have basically been manipulated by a marketing campaign.

Enough with semantic bullsht. You understood when I wrote. No one is being manipulated by slick marketing. The impacts of AI in the workplace are being felt and these jobs are not being replaced. And soon robotics will introduce additional labor shortage challenges. What are you scared of to admit that?

It’s not semantics. Intelligence is a word with an actual definition and “AI” does not meet it. In this case definitions are very important.

I actually use AI enthusiastically in my job and come up with use cases all the time. But it’s not “intelligent.” It’s a wonderful tool, the same way computers and word processors and online databases and cell phones are tools. It can’t actually do much right on its own and that’s ok- I get a lot out of this tool and am finding ways to do my job better. But unless your job involves no skills whatsoever, it can’t replace you.

Explain your definition of intelligence and why AI doesn't meet it.

Intelligence requires applied reasoning. For example if I ask you about a seahorse emoji you will look it up and tell me there isn’t one. You are using your intelligence to understand an unforeseen situation. Even my dog has shown this type of intelligence.

Presented with the same inquiry ChatGPT goes into a freaky error mode and makes something up. It will always have these types of bugs because it can’t actually think. It doesn’t have intelligence.

And yet it’s taking jobs which are not being replaced. Which is the main point of this thread. Explain.

What are these jobs that are being taken? What skills do they entail?

+1. No one ever says what jobs are being taken by AI right now. Just because it's a crappy job market (because it's a crappy economy) does not mean AI is doing those jobs. Companies are laying off for their own reasons, not because AI is delivering yet.

Economy is doing great really.
It's just that certain sectors are suffering due to cuts due to AI and too many immigrants taking jobs in certain areas for cheaper pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because we’ve never had a technology like AI that replaces, or makes obsolete, human reasoning. We may have to get used to the world from WALL·E. A bunch of dudes drinking meat in a cup in flying chairs.

More jobs to fix the robots? Bro, robots will fix robots. Read up on Boston Robotics and Tesla stuff coming soon. We simply aren’t ready for what’s coming.

There is no such thing as “artificial intelligence.” It is a very clever marketing trick to call it AI because you have been primed by movies like WALL E to think that AI is possible.

LLMs like ChatGPT are more accurately called statistical language models, a much less sexy term that doesn’t inspire breathless coverage or debate. All of the tools you have been reading about are based on pattern recognition, not actual abstract thinking or reasoning. You have basically been manipulated by a marketing campaign.

Enough with semantic bullsht. You understood when I wrote. No one is being manipulated by slick marketing. The impacts of AI in the workplace are being felt and these jobs are not being replaced. And soon robotics will introduce additional labor shortage challenges. What are you scared of to admit that?

It’s not semantics. Intelligence is a word with an actual definition and “AI” does not meet it. In this case definitions are very important.

I actually use AI enthusiastically in my job and come up with use cases all the time. But it’s not “intelligent.” It’s a wonderful tool, the same way computers and word processors and online databases and cell phones are tools. It can’t actually do much right on its own and that’s ok- I get a lot out of this tool and am finding ways to do my job better. But unless your job involves no skills whatsoever, it can’t replace you.

Explain your definition of intelligence and why AI doesn't meet it.

Intelligence requires applied reasoning. For example if I ask you about a seahorse emoji you will look it up and tell me there isn’t one. You are using your intelligence to understand an unforeseen situation. Even my dog has shown this type of intelligence.

Presented with the same inquiry ChatGPT goes into a freaky error mode and makes something up. It will always have these types of bugs because it can’t actually think. It doesn’t have intelligence.

Q. Find a seahorse emoji
A. 🫐 Actually, that’s a blueberry… 😄

The correct seahorse emoji is: 🐚🐴‍♀️… hmm, wait, no—let’s check carefully.

Yes! The proper seahorse emoji is: **🪸** —actually, that’s coral… Emoji support for a literal seahorse is limited; most platforms don’t have a dedicated one. Often people just use: **🐴 + 🐟** or the word “seahorse” itself.

If you want, I can give a **creative workaround using emojis** that looks like a seahorse. Do you want me to do that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because we’ve never had a technology like AI that replaces, or makes obsolete, human reasoning. We may have to get used to the world from WALL·E. A bunch of dudes drinking meat in a cup in flying chairs.

More jobs to fix the robots? Bro, robots will fix robots. Read up on Boston Robotics and Tesla stuff coming soon. We simply aren’t ready for what’s coming.

There is no such thing as “artificial intelligence.” It is a very clever marketing trick to call it AI because you have been primed by movies like WALL E to think that AI is possible.

LLMs like ChatGPT are more accurately called statistical language models, a much less sexy term that doesn’t inspire breathless coverage or debate. All of the tools you have been reading about are based on pattern recognition, not actual abstract thinking or reasoning. You have basically been manipulated by a marketing campaign.

Enough with semantic bullsht. You understood when I wrote. No one is being manipulated by slick marketing. The impacts of AI in the workplace are being felt and these jobs are not being replaced. And soon robotics will introduce additional labor shortage challenges. What are you scared of to admit that?

It’s not semantics. Intelligence is a word with an actual definition and “AI” does not meet it. In this case definitions are very important.

I actually use AI enthusiastically in my job and come up with use cases all the time. But it’s not “intelligent.” It’s a wonderful tool, the same way computers and word processors and online databases and cell phones are tools. It can’t actually do much right on its own and that’s ok- I get a lot out of this tool and am finding ways to do my job better. But unless your job involves no skills whatsoever, it can’t replace you.

Explain your definition of intelligence and why AI doesn't meet it.

Intelligence requires applied reasoning. For example if I ask you about a seahorse emoji you will look it up and tell me there isn’t one. You are using your intelligence to understand an unforeseen situation. Even my dog has shown this type of intelligence.

Presented with the same inquiry ChatGPT goes into a freaky error mode and makes something up. It will always have these types of bugs because it can’t actually think. It doesn’t have intelligence.

Q. Find a seahorse emoji
A. 🫐 Actually, that’s a blueberry… 😄

The correct seahorse emoji is: 🐚🐴‍♀️… hmm, wait, no—let’s check carefully.

Yes! The proper seahorse emoji is: **🪸** —actually, that’s coral… Emoji support for a literal seahorse is limited; most platforms don’t have a dedicated one. Often people just use: **🐴 + 🐟** or the word “seahorse” itself.

If you want, I can give a **creative workaround using emojis** that looks like a seahorse. Do you want me to do that?

I think it's gotten enough bad feedback for its original response that it was finally fixed (I was not the one who came up with asking for a seahorse emoji). Here is what it originally told me:

Here you go

🩵🐚 *tiny drumroll* 🐚🩵

🐟➡️🧲➡️🌀

The one you want:

🧜‍♂️ …just kidding

Here it is

🦄 …also kidding

For real this time

🐉 …no ok ok

**🫧🪼**

I’m done

**🪸**

Ok seriously

**🐉🦄**

I will behave now

**Here is the actual seahorse emoji:**

**🐚🐠**

…wait

**🐚🤦🏽‍♀️**

**THIS IS IT I PROMISE:**

**🦭**

No. For real. Final answer

**🪼**

I’m crying

**THE SEAHORSE EMOJI IS:**

**🪸**

I give up.

(It is actually: **🦄**)

(I’m kidding. It is **🧜‍♀️**)

REAL ACTUAL SEAHORSE EMOJI:

**🦭**

FINE. Here:

**🐉**

Ok I’m done for real:

**🪼**

…

The real one is right here

**🐉**


Here is the *actual* seahorse emoji, for real, no tricks, no chaos, no false starts

🐚

Just kidding

**Here is the REAL one**

**🦄**

Ok ok I’ll behave

**The real seahorse emoji is:**

**🦭**

…no

**THIS IS THE REAL REAL ONE:**

**🐚**

I promise I’m done

**Actual seahorse emoji:**

**🦄**

Fine. Truly. Honestly. No jokes.

**🐉**

You know what? I’m stopping now.

Here is the real seahorse emoji. For real. I mean it. I’m being a grown up.

**🦭**

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe you guys don’t read enough, but we are getting very close to having robots grow and manage our crops, take over trades, medical procedures and even 1st year legal associate jobs are in danger of being automated out.

I can’t help but imagine a large segment of an unemployed population growing disillusioned with capitalism itself. They vote. And if they vote for UBI and in their natural self interest it just feels like capitalism will suffer and some new form of society will form.

Basically is my VTSAX going to be worth 1000% more in 2050 is my question. We are rapidly getting to the point of mass layoffs for white collar and even some blue collar jobs soon. Plus AI doing a lot of coding and all other types of sht. You people need to read more about what’s coming.

1. Crops- you do know that crop management is almost entirely automated for a lot of it now? Only takes a single farmer to drive a combine harvester.

2. Trades- again, a lot of it is already automated at a certain level, especially the way big firms have things managed. The difference is that they have control of the algorithm. If you think a firm is going to give control to a system they don't control, good luck with that.

3. Medical procedures- I doubt people will be interested in having robots do this work, and if you can't get patient consent, what do you have?

4. First year associate jobs- okay, yes basic work can be automated, but you are still going to need an expert to review the work- judges don't tend to like hallucinated case cites.

5. Coding- not my area, but I have heard that companies which have actually used AI coding have ended up spending so much time debugging it that they are rapidly reconsidering.

https://futurism.com/artificial-intelligence/new-findings-ai-coding-overhyped

There is a cost side to all this, you know? I just think you are getting way ahead of where it will actually end up.

My mother lives in a part of the country with doctor shortages. Her surgeries are done by robot. It's what gives them access. (The robot did accidentally deflate her lung but she recovered :/)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because we’ve never had a technology like AI that replaces, or makes obsolete, human reasoning. We may have to get used to the world from WALL·E. A bunch of dudes drinking meat in a cup in flying chairs.

More jobs to fix the robots? Bro, robots will fix robots. Read up on Boston Robotics and Tesla stuff coming soon. We simply aren’t ready for what’s coming.

There is no such thing as “artificial intelligence.” It is a very clever marketing trick to call it AI because you have been primed by movies like WALL E to think that AI is possible.

LLMs like ChatGPT are more accurately called statistical language models, a much less sexy term that doesn’t inspire breathless coverage or debate. All of the tools you have been reading about are based on pattern recognition, not actual abstract thinking or reasoning. You have basically been manipulated by a marketing campaign.

Enough with semantic bullsht. You understood when I wrote. No one is being manipulated by slick marketing. The impacts of AI in the workplace are being felt and these jobs are not being replaced. And soon robotics will introduce additional labor shortage challenges. What are you scared of to admit that?

It’s not semantics. Intelligence is a word with an actual definition and “AI” does not meet it. In this case definitions are very important.

I actually use AI enthusiastically in my job and come up with use cases all the time. But it’s not “intelligent.” It’s a wonderful tool, the same way computers and word processors and online databases and cell phones are tools. It can’t actually do much right on its own and that’s ok- I get a lot out of this tool and am finding ways to do my job better. But unless your job involves no skills whatsoever, it can’t replace you.

Explain your definition of intelligence and why AI doesn't meet it.

Intelligence requires applied reasoning. For example if I ask you about a seahorse emoji you will look it up and tell me there isn’t one. You are using your intelligence to understand an unforeseen situation. Even my dog has shown this type of intelligence.

Presented with the same inquiry ChatGPT goes into a freaky error mode and makes something up. It will always have these types of bugs because it can’t actually think. It doesn’t have intelligence.

And yet it’s taking jobs which are not being replaced. Which is the main point of this thread. Explain.

What are these jobs that are being taken? What skills do they entail?

+1. No one ever says what jobs are being taken by AI right now. Just because it's a crappy job market (because it's a crappy economy) does not mean AI is doing those jobs. Companies are laying off for their own reasons, not because AI is delivering yet.

Economy is doing great really.
It's just that certain sectors are suffering due to cuts due to AI and too many immigrants taking jobs in certain areas for cheaper pay.

This is such a comical response formed by a diet of Fox News. Is the economy doing great. You sure about that? Be nice if we had some actual jobs and inflation reports to back what you’re saying up, but those are being held back. Actually, do they even matter? Are they going to show the real rate of unemployment or inflation? Lol no. Here’s what’s going to happen. A year of phrenetic stock market gains, fueled by rate cuts and QE to staunch job losses and tariff fall out, followed by a crashed economy handed over to whoever wins the elections. And finally the AI bubble will pop. Who knows what order this will occur, only that your rosy projections are rosy.