Yeah lol I love the sentiment of this meme but the understanding of, and I don’t even want to call it economics… The understanding of the fundamental nature of scarcity, and human cooperation and collaboration, that this displays…is disappointing.
We could make the same meme about any organized exchange of human energy, even without any money.
"I spend 10 hours harvesting potatoes.
I give my neighbor the potatoes, saving him ten hours of work.
My neighbor uses his extra 10 hours to fix my roof."
This is just like…the literal nature of reality. Energy is transferred between different subsystems within a system, according to how much the subsystem is capable of demanding or receiving energy. This could be funnier if all the companies were owned by one larger company, but even then it wouldn’t be a particularly deep insight. That would be the same sort of thing as a family member gifting you $100 for your birthday and then you gift them $100 for their birthday later in the year. At the very first glance it seems circular and pointless, until you realize that you’re basically temporarily allocating additional resources to someone for them to use for a certain amount of time, and then reallocating them to someone else at a later point when you no longer need that surplus.
It’s actually quite reasonable as a principle. The fact that the particular instantiation of this principle in the case of AI technology may be fruitless and not socially beneficial is NOT an essential flaw of the principle but rather an incidental flaw in the principle’s actualization in this particular case.
you never heard of trickle-down economics?
in this case it’s like a bunch of billionares cirlcle-sucking each other dicks, and on occasion when one of them garggles on too much cum that he cannot hold in his mouth, it’d trickle down to his employees as bonus or whatever
Isn’t cycling around kind of what money does though, just generally with a lot more links in the chain?
Yeah lol I love the sentiment of this meme but the understanding of, and I don’t even want to call it economics… The understanding of the fundamental nature of scarcity, and human cooperation and collaboration, that this displays…is disappointing.
We could make the same meme about any organized exchange of human energy, even without any money.
"I spend 10 hours harvesting potatoes.
I give my neighbor the potatoes, saving him ten hours of work.
My neighbor uses his extra 10 hours to fix my roof."
This is just like…the literal nature of reality. Energy is transferred between different subsystems within a system, according to how much the subsystem is capable of demanding or receiving energy. This could be funnier if all the companies were owned by one larger company, but even then it wouldn’t be a particularly deep insight. That would be the same sort of thing as a family member gifting you $100 for your birthday and then you gift them $100 for their birthday later in the year. At the very first glance it seems circular and pointless, until you realize that you’re basically temporarily allocating additional resources to someone for them to use for a certain amount of time, and then reallocating them to someone else at a later point when you no longer need that surplus.
It’s actually quite reasonable as a principle. The fact that the particular instantiation of this principle in the case of AI technology may be fruitless and not socially beneficial is NOT an essential flaw of the principle but rather an incidental flaw in the principle’s actualization in this particular case.
It should be, but presently it accumulates in the assets/accounts of the 10 worst people you can imagine instead
The peers are supposed to move different things around, not sell the products in one direction and send the money back to play again.
yeah it’s called “velocity of money” in economics terms. the US currently expects each dollar bill to change hands around 110 times a year.
deleted by creator
A portion will end up going to employees
Another portion will end up in the governments pocket
you never heard of trickle-down economics?
in this case it’s like a bunch of billionares cirlcle-sucking each other dicks, and on occasion when one of them garggles on too much cum that he cannot hold in his mouth, it’d trickle down to his employees as bonus or whatever
Dijkstra will settle this