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wrote a whole long thing about AI and writing/reading and attention span and whatever but somehow lost it in the SN editing. (Shocking how rarely that happens to me.)

Fuck it... you know the deal, infinite generation means limited real income and attention span = race to the editorial bottom #1467035, #1457057, #1471259, #1472751


Matt Levine engages in some of that musing today:

I write sometimes that the big question about artificial intelligence facing many professional firms is whether AI will make them more efficient or worthless. If you are an accounting firm or consultancy or a homeowners’ association management company, perhaps you can adopt AI and run your business better with fewer employees. But perhaps your customers can adopt AI to do their accounting or consulting or homeowners’ association management themselves, cutting you entirely out of the loop. If your business is just a wrapper for your Claude subscription, why are people paying you, instead of just using their own Claude subscription?

Option 1: It's just transitional, AI making our firm more productive now but obsolete in 5 years. ("in like five years the clients will overcome their nervousness and the firms won’t be able to get any work.")

Option 2: AI can't poooosssssiiiibbbly do what we do

"Yeah everybody says that about their own industry. “A computer program can never match human ingenuity for spotting flaws in computer programs,” maybe!""Yeah everybody says that about their own industry. “A computer program can never match human ingenuity for spotting flaws in computer programs,” maybe!"

"authentic attention becomes the ultimate scarce resource" said someone we care about #1425743"authentic attention becomes the ultimate scarce resource" said someone we care about #1425743


Elsewhere here’s a guy who used Claude to recover his Bitcoin wallet password that he lost 11 years ago while stoned. The circumstances here do not seem especially repeatable, but it would be funny if AI tools were massively inflationary because they recovered all the Bitcoin passwords lost a decade ago under the influence of marijuana. By some estimates that’s 20% of all Bitcoin.

Poor use of "inflationary" here but whatevs.


https://newsletterhunt.com/emails/326543

The title caught my attention.

More productive, I guess since I always use ChatGPT to proofread my writing, be it students’ comments or emails to my school leaders.

I think ChatGPT has made me more aware of my biases in writing. It has also made me more aware of my writing style. Like I keep certain phrases because I just want to write the way I want.

There is pressure on teachers in Singapore to adopt AI as a teaching assistant, but I’m not convinced of its benefits on my weak-progress classes. I feel that they have not reached the foundational level at which they will benefit from AI inputs. I don’t know if I will succumb to this broad societal trend and start using AI for the sake of using it

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den, the answer is obvious, from your example.

human attention will move from generation to evaluation and validation.

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That's how it has been for me. But work is only one part of life. I think we expect to much from things. They are tools.

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Mhm, not so convinced.

We'll just degenerate into slop, cat videos, and fake/enraging AI. Idiocracy was a documentary

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It is really easy to let it do the thinking for you -- isn't that what we want out of the AI anyway? -- but then you find yourself two hours in to a project, staring at a sentence and realize that you don't actually know what you want to say because you haven't thought about it. And then the temptation is to just ask chat what you should say.

I miss the old google searching. That excitement when you found some page that had the info you were looking for. Now its just every answer that has the information but its all so dreary and I can barely bring myself to focus hard on the outputs.

AI makes us more efficient. But not always as much fun.

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Less productive

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Why isn’t that inflationary? It’s a direct expansion of the money supply.

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Expectations: everyone accounted for the full 21m. Some millions "lost" coming back to market mind make for (spread out) liquidity on exchanges but doesn't do anything for the stock... Was always there

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Inflation is a matter of the usable supply.

Shipwrecks back in Spanish times were deflationary, even though the gold still existed.

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Ok, would you say QE1 in 2008-2010 was similar not inflationary? (Since the new base money was trapped on the Fed balance sheet via IOERs)

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Maybe in hindsight I would say that. I certainly didn't say that at the time.

Was that new base money unspendable (I know it was largely unspent)?

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No, just no incentive to. High value on liquidity + safe Fed interest payments juicier than anything available elsewhere.

Covid is the nice counterpart: like then, QE 1 could have leaked into real economy, didn't.

That looks like hodled/lost coins to me

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Ok, so it’s more like the way hoarding is deflationary.

Either way, I think it’s about supply in the normal economic sense rather than the stock sense.

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More. No question.

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Personally this is the case. I am not sure what it's costing nor that the costs are real yet. Pretty sure they aren't. Also pretty sure there is a ton of room to optimize on all ends of the AI spectrum. From the companies down to operators. Pretty sure there will be a bubble pop. Pretty sure it won't die. It will be good and bad. Only time will tell.

You can either complain or adapt and respond.

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I choose complaining

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20 sats \ 1 reply \ @kepford 18 May

Easier than working that's for sure.

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Worked for the boomers. I'll take a page out of their parasitic playbook

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What/where do you see us having more/additional attention span or money for consumption etc? Generation (of anything) is faster/cheaper/easier. But consumption and use isn't.

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42 sats \ 1 reply \ @kepford 18 May

I don't understand the question

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Check some of my previous posts, I cba explaining it again

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