609 karma · joined May 24, 2023
1) Historically they have.
2) Most people in the US that haven't purchased very recently are locked in at very low rates. Only 9% of mortgages are over 6%. 61% of outstanding mortages are <4% [0].
3) There are a lot of incentives (and the ability) for governments to ensure home prices continue to increase, although at a rate lower than they are now.
4) We spent over a year with inflation that is double most people's mortgage rates.
5) You have to live somewhere regardless; the alternative is renting. For most of the country, at least until very recently, that was a worse option.
[0] https://apolloacademy.com/the-distribution-of-mortgage-inter...
These are also all negatives. Profound wastes of time.
(And, to be clear: I'm sharing their perspective, not mine).
(I don't agree with this, but it's a common perspective amongst this crowd).
This is part of that mindset. The idea of AGI being freely available is horrifying to x-riskers. The idea of it not existing is also just not possible. So they want to see it in the hands of as few people as possible.
If AGI is created and then removes the need for any human to work, UBI (or the like) would be essential. You'd want to avoid abuse, so you also need to uniquely verify each person receiving it. I don't think the people involved in this are ignorant to the concerns, they just see it as inevitable based on their ideas about the future.
> The orb was necessary, the website continued, because of Worldcoin’s commitment to fairness: each person should get his or her allotted share of the digital currency—and no more. To ensure there was no double-dipping, the chrome orb would scan participants’ irises and several other biometric data points and then, using a proprietary algorithm that the company was still developing, cryptographically confirm that they were human and unique in Worldcoin’s database.
> “I’ve been very interested in things like universal basic income and what’s going to happen to global wealth redistribution,” Sam Altman, Worldcoin’s cofounder and the former President of Silicon Valley accelerator Y Combinator, told Bloomberg, which first reported on the company last summer. Worldcoin was intended, he explained, to answer the question “Is there a way we can use technology to do that at a global scale?”
A common response from Altman when asked about the benefits of AGI is "I think eliminating poverty is good". This is what he's talking about.
Of course, this redistribution doesn't apply to him, early employees, or investors:
> Others took issue with the company’s purported focus on fairness given that 20% of the coins had already been allocated: 10% to Worldcoin’s full-time employees, and another 10% to investors, like Andreessen Horowitz.
https://www.technologyreview.com/2022/04/06/1048981/worldcoi...
Add in the bigger intangible of the flexibility you gain from renting, and it's going to be a very individual decision.
It really isn't. There are people quitting their jobs, protesting AI companies, and inducing panic attacks in children over their irrational fears:
If you compress `ABC`, it will be X bytes. If you then compress `ABCABC`, it will not take 2x bytes. The more similar the two strings that you concatenate, the less bytes it will take. `ABCABD` will take more than `ABCABC`, but less than `ABCXYZ`.
BERT is, by todays standards, a very small LLM, which we know has weaker performance than the billion-param scale models most of us are interacting with today.
> I was indifferent/supportive of CoCs until it was used against me over some trivial thing
How can we avoid needing to get to that point?