AI will DESTROY the ECONOMY

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The Daily Blob

The Daily Blob

Күн бұрын

Пікірлер: 55
@MarcoMugnatto
@MarcoMugnatto Жыл бұрын
"Do they understand logistics systems, have they actually dealt with businesses, have they actually dealt with employees, have they actually dealt with customers, have they actually built anything? No!". Goldman Sachs: 300 Million jobs will be lost or degraded by current artificial intelligence technology
@jeremylewis5551
@jeremylewis5551 Жыл бұрын
As a millennial, I took your advice and focused on building skills and focusing on solving other people's problems. Your advice is probably the only reason I can afford a middle-class lifestyle.
@whitcomb2430
@whitcomb2430 Жыл бұрын
Thank you, Eli, I have lived in Japan now for thirteen years and have taken for granted the efficiency of the Japanese implementing technology; It not that they are more advanced, as popular opinion would have you believe, Japaneses are master planners when it comes to observing, learning, and implementing technologies to solve many of the problems that you have addressed in this video. Thank you for creating this video and congratulations on the play-buttons.
@itninja7771
@itninja7771 Жыл бұрын
The pharmacy in the hospital's basement is devoted solely to the hospital patients. Can not figure out what she meant by offering you outpatient prescriptions from the hospital pharmacy. the most you will get from the hospital pharmacy will be 2 to 3 days of discharge medications. Then they may offer to call a chain retail pharmacy. Yet, they do things differently out east maybe, but no the basement pharmacy is not to fill weeks or months of medications. They hand of the main duration and refill status to the chain pharmacies. Happy holidays.
@psikeyhackr6914
@psikeyhackr6914 Жыл бұрын
Planned Obsolescence already destroyed the economy. Economists do not talk about Net Domestic Product whose equation does not include the depreciation of durable consumer goods. We can never have enough e-waste!
@Ace1000ks
@Ace1000ks 7 ай бұрын
A lot of technology gets redundant, so people will have to keep learning new things to keep up with the times. Vocational work isn't going to be replaced by AI. Andrew Yang said a lot of the work college graduates do can be automated by AI, but the jobs of tradesman will be almost impossible to automate.
@axskifree
@axskifree Жыл бұрын
I've been saying this for the last year. It's a total media driven hype machine created to drive clicks. Thank you Eli for speaking common sense.
@carlosamado7606
@carlosamado7606 Жыл бұрын
Wouldn't an actual AGI have the knowledge to improve on itself, accelarating knowledge and solutions way faster than we currently do, thus solving the problems that now are not possible?
@itninja7771
@itninja7771 Жыл бұрын
Eli, it has been decades since you traveled in India, they do not use fruit baskets on their heads anymore to excavate. I live and have worked with Indians. My best friend is originally from India. They have pulled hundreds of millions of their countrymen out of poverty. The common folk have homes that are better and more modern than we have. They have shofers and some have chefs in their homes. This is within their middle class. So, we are not talking about the ultra-wealthy who have even more affluence. Granted they still have many in poverty yet hundreds of millions more than our population in the U.S.A are better off than we are.
@itninja7771
@itninja7771 Жыл бұрын
One reason fewer people to cover all job openings. REASON. 30 years ago we stopped having ENOUGH BABIES TO COUNTER THOSE PASSING AWAY AND THOSE RETIRING. Back in the day, when 60 to 70 percent of population lived on farms, children were cheep labor. WHen industrialized, they moved to cities. children became a Bordon if more than 1 or 2. This is all over the world accept Africa and France. the most acute areas- Germany, Japan and China. China remember the one child policy. not any more but Chinese continue with one child because they are expensive to raise even in china.
@itninja7771
@itninja7771 Жыл бұрын
The only way we will get a wholey integrated medical database is if we convert to National health care under the U.S. government like all our allies have done many years ago. Also, we come close through the Veterans ADMINISTRATION MEDICAL SYSTEM. I know I use it frequently as I am 100 percent service-connected disabled. It works quite well. Did you know the VA has this country's largest healthcare system and the most hospitals and in the hundreds.
@davidchang2015
@davidchang2015 Жыл бұрын
at least there's no climate change bubble. the ai is learning?
@pankajs5069
@pankajs5069 Жыл бұрын
My gosh! The irony is, I just saw your video of " 29 years is too late to start a career in IT". I didn't even realize it was uploaded 8 years ago, then after my comment I realized. OH! this was 8 years ago. it's quite amazing to see the person I just saw a few minutes ago was 8 years ago. Little disappointed for myself to see an amazing person in a video grew 8 years older now. I just loved your video and because I'll be turning 29 next year on 21, 2024. Was feeling lost due to my career
@itninja7771
@itninja7771 Жыл бұрын
Remember, IN THE DAY Model T CARS WERE DRIVEN ALONG SIDE OR APP0SIT HORSE AND BUGGIES. eVENTUALLY, HORSES AND BUGGY WERE NO LONGER PART OF TRANSPORTATION IN AMERICA. SAME WITH DATA BASES AND AI.
@igors.7515
@igors.7515 Жыл бұрын
All the social and healthcare problems in the US, are exactly the same in Germany (the only plus is that the public insurance covers most of the costs). Meanwhile in Eastern Europe, the basic operations are just as supposed to be. A doctor comes to your house with a tablet and knows you personally. The advanced economies overcomplicate everything.
@MadCowMusic
@MadCowMusic Жыл бұрын
Dude! No Climate Change Banner?!?!?! You're basically slacking. lol
@ericcartmanbrah
@ericcartmanbrah Жыл бұрын
in india they might use fruit baskets to mesure cubic space, but americans use feet to mesure distances
@jmanakajosh9354
@jmanakajosh9354 Жыл бұрын
The systems that you're describing need serious levels of data security and they have to have people trust them.
@domingopartida5812
@domingopartida5812 Жыл бұрын
Basement pharmacy? Were they talking about in patient pharmacy? If it was an outpatient pharmacy, not sure why they wouldn’t fill it there. : /
@Majestic_King_Hunter
@Majestic_King_Hunter Жыл бұрын
I like the Real Talk elements of what's going on in home ownership and the like. Question for you: In the next 5-10 years, would you stay in the US and if not, where would you move to? Assuming that everything will continue to get worse.
@EliComputerGuyLive
@EliComputerGuyLive Жыл бұрын
... No doubt I'd stay in the US... I'm an American to the bone... for good or dumb... If I wasn't an American it would depend on what I cared about. In the modern world you can live a first world life in a third world country if you have a good bank account. Places like Bangkok look pretty nice if you can get your income rom some place else...
@MarcoMugnatto
@MarcoMugnatto Жыл бұрын
That's why China is going to dominate the world. There are advantages to being a dictatorship. You don't have to deal with as much bureaucracy.
@regbar0
@regbar0 Жыл бұрын
The roads still need fixing.
@dadlord689
@dadlord689 Жыл бұрын
I see that AI is absolutely capable of replacing 50% of programmers. It is in a year from becoming smart enough. Engineering, architecture - same thing. Scientific crap that is forever theoretical - with ease. Basically only food production needs energy efficient humans to work (so you'll be able to purchase). Artists has been challenged all ready. You don't need in the corporate system anymore - that is true. You have few years left to build society that will overcome it, but the weather is sucks and the war is not that absurd threat as it was few years ago.
@jusblaze99
@jusblaze99 Жыл бұрын
80% right now and 99-100% in a few years
@NikolaJeremicwebforma
@NikolaJeremicwebforma Жыл бұрын
Thank you, for everything you changed my view following you already 10 years
@popeyen7550
@popeyen7550 Жыл бұрын
think about this: 5% of people (famrers) produce all food for all people. so 95% of people already do not have to work to survive: there is enough food for everybody to not die. in the old days all people were forced to work to produce food to not die. but people get bored and invent new types of work. so ai will do most boring work and people will think of something else to do. if nothing else space travel or playing video games (and compete there, be pro game players, ie their work will be game player).
@WildcatsandBourbon
@WildcatsandBourbon Жыл бұрын
Who do you thing makes farming equipment, the farmers house, produces the fertilizer, transports the food, prepares the food, and many other factors? Very flawed thinking
@-whackd
@-whackd Жыл бұрын
I prepare the food. I also plant my own fruit trees. But yeah, someone built this house. Hopefully we get house building robots (or factories that build vans we can live in) because homes are too expensive and people are homeless.
@popeyen7550
@popeyen7550 Жыл бұрын
@@WildcatsandBourbon farming equipment is produced by robots, not much human labor needed there either. prepare food? ok maybe around 15% of people are involved in the whole process of making food, still 75% of people really dont need to work, food is produced for them by 15%. but they do work cos they invented new type of work. in old days the only work was food producing when we were monkeys. and for animals this is still the only work they do.
@paulct91
@paulct91 Жыл бұрын
​@@popeyen7550Humans design and plan.
@PaulBrunt
@PaulBrunt Жыл бұрын
@@WildcatsandBourbon I think you missed the point. It illustrates that automation has displaced human labor. The speed of automation is getting faster, and the ability to absorb such automation in shorter and shorter time frames has it's limits. Humans need time to retrain, but what's the point if the new job you're training to do is automated before you've even finished training. @popeyen7550 is right the future of the economy won't be about "useful" work it'll be about competition between humans for entertainment as that can't be automated.
@itninja7771
@itninja7771 Жыл бұрын
Japan has developed a robotic nurse and a bed that changes its sheets.
@flameking2178
@flameking2178 Жыл бұрын
59:11 Story of my life
@itninja7771
@itninja7771 Жыл бұрын
AI is and has swung hammers. They are in Robotics in a limited way. Check out the Salem Oregon factory. I think they are called digits by Elon Musk. They can also do fast backflips. Japan and China lead in robotics and AI integration. They even have robot dogs that run as fast as real doggys. Not kidding. not long an army of smart AI robots WILL DO MUCH OF WHAT WE DO. We need a different economic system.
@philliplee1193
@philliplee1193 Жыл бұрын
The first five minutes you’re describing the permanent student syndromes, from where ideas are ideal and work grows like trees. The energy in wattage to operate the brain is a small fraction of that used to power computers, but the what-age is our problem. The power and the problem are always together at work.
@CreatingTheMoneyProblem
@CreatingTheMoneyProblem Жыл бұрын
I just spent 6 hours, fascinated by what music A.I. can create... it can replace like 99% of the music industry right now. When humanoid and other robots come out, they'll help and eventually replace us. They are getting scary good at everything.
@flameking2178
@flameking2178 Жыл бұрын
Robots aren't much of a concern because they are extremely expensive. AI has massive potential with digital activities like art and music but physical jobs like construction are pretty safe. Once you've created a piece of art, you could send copies of it to millions of people. But doing the same physically would require multiple robots which again are very expensive. People can be hired for surprisingly little money, but the money required to build and maintain these machines are pretty expensive. TLDR Anything physical is pretty safe.
@CreatingTheMoneyProblem
@CreatingTheMoneyProblem Жыл бұрын
@@flameking2178 Tesla bot ill cost ~20K USD, that's is very cheap in the US. In poorer parts of the world people cost a lot less for life.
@itninja7771
@itninja7771 Жыл бұрын
model tee cars smashed into more horses and pedestrians per year than any autonomous self-driving car has. Just let it mature and it is almost there.
@paulct91
@paulct91 Жыл бұрын
How many self driving cars are there, metrics?
@itninja7771
@itninja7771 Жыл бұрын
In the day ,there were few Model tees just as there are a few self driving cars as of now.@@paulct91 Same progression for both the self driving and model T. MODEL T eventually ramped up. Sorry about poor spelling on the T.
@NeverSuspects
@NeverSuspects Жыл бұрын
It's sad that the reason you are not compensated enough for your work is due to the push of D.E.I., diversity, equity, inclusion policies that have biased the monetization rewards away from your immutable physical characteristics as those who informed the rule makers in how our information distribution networks weight priority's inform from a biased inaccurate and prejudges understanding of the world and its history where you class has conquered and stolen from the other classes and not offered anything in return and you should be outcast and limited because you are similar in appearance. Just ignorant on every level, from the zero sum finite of potential and gain to what value even is and how currency that isn't valuable itself can even change in value at all relative to the things we all need that have become more automated and vastly cheaper to provide at 1000 times the availability as it was a century ago. Takes a lot of government to wipe out efficiency innovation and optimization, and research and insight into say, milk, that used to be a nickle and as valuable then to us as people as it is now but it cost nearly 100x more currency wise. The cows milk themselves now by the way, when they feel like being milked by a machine that they just walk into. That and refrigeration should have made that nickle liter of milk a fraction of a cent to produce and purchase today and pasteurization and shipping network being also refrigerated and all done at a fraction of the labor it used to need given there are no more 'milk men' sleeping with mom while dad is at the office anymore all resulting in far less product being tossed and actually sold to consumers, government has really broken the economy already and is so good at it people hardly realize that it is parasitic to almost half of the total human production and spends those accumulated resources in ways that obviously are not helping anyone but the government and that is even questionable. Capitalism, something that require individual freedom and the right to own property and the right to own yourself to enable owning anything absolutely anti-slavery is blamed as being a kind of slavery while the freedom it allows has let many organized groups and legal systems misdirect blame for the economic failures onto the only moral and natural self aligning system of human markets that incentivized people to produce and do for others what they want and need for compensation is terrible. The government and wealthy groups without morals destroying the gains of what capitalism made possible while advocating the creation of control systems that suppress and limit the individual freedom and ability to trade and profit fairly for the safety of no one while turning those already in power and rich into temples of order should be seen for what it is but far too many are naive to what D,E,I, actually is and requires you to sacrifice and how absolutely impossible equity and undesirable it even is to ever achieve unless you cap all of us at only being as capable in anything as the worst of all of us as that task. The planet is warming you say and you want to write the rules world wide for a 100 trillion dollar energy industry going forward? Step back first, and let's say the planet is warming. First I need evidence that concludes that is a bad thing for the majority of the worlds population and any negatives are a threat to us all and outweigh any positive warming may actually incur. As it is hard to survive winter, but we can sleep outside and choose to vacation where it's tropical so saying it's getting warmer doesn't actually mean it's a problem at a planetary perspective and if the sea goes up a bit over a century maybe pick one brick up of your home and move it to higher ground a month and you will be fine.
@erelpc
@erelpc Жыл бұрын
Eli, with you being on a plant based diet, you are already doing a tremendous amount to reduce your contribution to greenhouse emissions and your impact on the environment.
@effexon
@effexon Жыл бұрын
didnt mcdonalds pay better than some, civic waste management or something, Ron desantis talked of it they had to bump payrate to get people apply. So making joke of McD wages is somewhat outdated, even Uber can give decent salary for hardworking person vs some oldschool salary jobs where salary is very low and no overtime and other bumps possible. Maybe Eli's youth in 90s shows here in perceptions as then these "common sense" would apply but for long time no... even programmming for eager fresh outta school can be lower than McD but you gotta start somewhere like they say and competition is tough in jobmarket. (I get 1000$ per month salary is super low in both NA and european standard but 2000$ is so and so depending on region and your life situation could sometimes be good enough and best fit for shorter commute).
@effexon
@effexon Жыл бұрын
indians probably laughing Eli explaining "cheaper" in US construction costs when indians pay in rupees and salaries are what they are. sure more efficient in some metrics but may still be cheaper in india, though as we know, these things change fast and 10 years back or forward things may look way different.
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