Womp womp

Not on the current scenario.

They excluded housing appreciation from the CPI in the late 80s, created 30 year loans, massive bailouts adding to moral hazard; I agree its neoliberalism, deregulating the money supply growth made people over leverage to profit off the cantillon effect, obviously leading to asset bubbles.

The money supply now grows at 10% a year. People are okay with huge leverage into real estate because housing always goes up, as their currency always goes down. The farther you were born from the gold standard the poorer you will likely be.

With tablets and software its easier than ever to produce and share art, it doesn’t have to be a job any more because its so easy to produce and share. It’s not a bad thing, we can create whatever art we want with ease, unlimited abundance. Let’s not paint that positive reality like a bad thing.

Is digital art itself bad, because its not the human doing all of it?

Is it ableist to not define AI art as art, when handicapped people can’t perform the same actions?

Does it not create an abundance of art, and thus expands the entire field making it evolve well beyond its current state?

Gate keeping art is silly regardless, you can’t stop it. Just be happy you could make people pay for it while you could, like coal shovelers and blacksmiths things change.

Or you can always pay for Wine and help it develop. Usually popular applications work well.

Blame loose monetary policy, and QE that pumps money into risk assets. Tesla and Bitcoin have many things in common.

The interesting thing would be an algorithm that is as close to a duplicate as possible without breaking copyright.

Then there’s the fact company like Disney will want to use AI to lower labor costs, while at the same time preventing others from doing the same to them. Given their lobbying what weird laws will that result in?

System76.

deleted by creator

Made by IBM. We chose one of the worst company to do it.

Well you need static types I assume, for code safety and all that.

Bring back lotus notes and the command line!

This is why I still have a coal furnace to heat my house. So many people just use furnaces without thinking of the displaced economic value.

Microsoft has an AI store and all the apps are absolute crap. AI is a good Chatbot, but applying it to other things that can be monetized is clearly difficult.

There are also now thousands of free chatbots online that will have near zero margins, its definitely overbought.

A backdoor isn’t a flaw?

The bank. Who pops money into existence out of nothing with no reserve requirement.

You’re mortgage isn’t borrowed from Bill down the street, its created from the ether.

Its as usable as WhatsApp while being cryptographically secure and private.

This is because boomers now consume less, so currency needs to be debased to provide the level of consumption to increase, to match 2% inflation.

The less people consume as demographics age the more repressed the youth will be, as we lock up inelastic goods behind massive debt. It doesn’t matter how nominally rich boomers get, if they don’t consume our money supply will grow.