Remove 20% of food supply, and watch prices explode, global unrest, and famine take place.
In the places where famine remains a problem, it's due to political issues, not that we can't grow enough.
And growing all that food requires a tiny workforce compared to 400 years ago before the Agricultural Revolution. AI might extend such a massive reduction in labour requirements to many other industries.
Mmmmmh
> We can grow far more food than we need and we stop doing so simply because the low prices mean it's not economically viable.
So, it's not a solved problem. Last time I checked we have plenty of people in several parts of the world with difficulties to access the required level of food to be healthy.
Half. This depends on there being a reliable source of cheap fertiliser, which would be much more secure if not for the situations regarding Hormuz and Russia.
You need lots of money to be able to buy the tech you need to do so. And you can't exactly earn that from not using the tech, since foreign (or even local) competition will slaughter you on prices. And if you do make it, you're stuck with a low-margin race to the bottom on price.
The political issues are still there so I really don't think we can call that a solved problem.
I spend 0.2% on AI. Exactly one subscription.
It's not unthinkable that trend continues (even if it's rationalizing at the moment), and moves over into other fields as well.
my point is that the amount of calories a person needs is limited, and the efficiency is non-decreasing, so the per capita spending has an upper bound
"ai" does not have such an upper bound
Reasoning and RAG is amazing already and is a productivity gain but I'm yet to be convinced GenAI is anything but a slop machine.
#startflamingmenow
AI is useful as a search & information synthesis tool, and as a dev tool.
The problem is, when has a dev tool ever command such ridiculous valuations and investment in infrastructure?
The market is going to realize that yes, it's useful, but no, it's not over $1T useful.
I think the issue is the reality that most life is worth a lot less (in US Freedom units) than some software running doing absolutely nothing truly valuable for anyone.