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  3. Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

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  • xauriel@mastodon.nzX This user is from outside of this forum
    xauriel@mastodon.nzX This user is from outside of this forum
    xauriel@mastodon.nz
    wrote sidst redigeret af
    #1

    Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

    Also Serious Finance People: We're throwing trillions of dollars at AI nobody wants because we can't tell the difference between a business prospectus and a science fiction novel

    chuckmcmanis@chaos.socialC n_dimension@infosec.exchangeN tuv@indieweb.socialT 3 Replies Last reply
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    • xauriel@mastodon.nzX xauriel@mastodon.nz

      Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

      Also Serious Finance People: We're throwing trillions of dollars at AI nobody wants because we can't tell the difference between a business prospectus and a science fiction novel

      chuckmcmanis@chaos.socialC This user is from outside of this forum
      chuckmcmanis@chaos.socialC This user is from outside of this forum
      chuckmcmanis@chaos.social
      wrote sidst redigeret af
      #2

      @XauriEL Yeah, it doesn't really actually make sense. I used to think that Lewis Carroll was writing silly dialog about words meaning what the speaker wanted them to mean when I read Alice, now I realize he was poking fun at pundits.

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      • xauriel@mastodon.nzX xauriel@mastodon.nz

        Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

        Also Serious Finance People: We're throwing trillions of dollars at AI nobody wants because we can't tell the difference between a business prospectus and a science fiction novel

        n_dimension@infosec.exchangeN This user is from outside of this forum
        n_dimension@infosec.exchangeN This user is from outside of this forum
        n_dimension@infosec.exchange
        wrote sidst redigeret af
        #3

        @XauriEL

        Its not quite like that (the latter part).

        What many #aiantagonists do not appreciate is, our economic capitalist system is not designed to appropriately calculate prospective future gains.

        If (and its a big if, arguably) #ai promises are realised even in 25% (and it certainly tracks this way), what will it mean?

        Expert, superhuman intelligence on tap, forever.
        That is something you quite literally can not put a price on. Hence the "wasted" billions investing into Ai

        tuv@indieweb.socialT 1 Reply Last reply
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        • xauriel@mastodon.nzX xauriel@mastodon.nz

          Serious Finance People: A green transition would require way too much investment and cause way too much economic dislocation, it's completely unrealistic, we have no choice but to keep drilling for more oil

          Also Serious Finance People: We're throwing trillions of dollars at AI nobody wants because we can't tell the difference between a business prospectus and a science fiction novel

          tuv@indieweb.socialT This user is from outside of this forum
          tuv@indieweb.socialT This user is from outside of this forum
          tuv@indieweb.social
          wrote sidst redigeret af
          #4

          @XauriEL Capitalism needs a miracle. Therefore anything with a measurable return is not worth investing in. Good math never suggests unlimited exponential growth

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          • n_dimension@infosec.exchangeN n_dimension@infosec.exchange

            @XauriEL

            Its not quite like that (the latter part).

            What many #aiantagonists do not appreciate is, our economic capitalist system is not designed to appropriately calculate prospective future gains.

            If (and its a big if, arguably) #ai promises are realised even in 25% (and it certainly tracks this way), what will it mean?

            Expert, superhuman intelligence on tap, forever.
            That is something you quite literally can not put a price on. Hence the "wasted" billions investing into Ai

            tuv@indieweb.socialT This user is from outside of this forum
            tuv@indieweb.socialT This user is from outside of this forum
            tuv@indieweb.social
            wrote sidst redigeret af
            #5

            @n_dimension The first important step is obviously work on the efficiency, reduce the cost. Billions can be used to hire spend broke graduates to work on the problem, instead of burnt to just let the average user have a chat. No reason an electronic brain must use more calories(or kilowatt-hours) than a biological one.

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            • tokeriis@helvede.netT tokeriis@helvede.net shared this topic
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