Example 5: how does a giant LLM that needs million-dollar server racks just to run, replicate itself over the internet?
145 karma · joined December 26, 2022
There’s probably an optimum for maximizing sales/growth that doesn’t land on highest quality products in the real world, with non rational consumers, imperfect information etc… sadly.
“Have no access to” I have doubts
Re: irrevocable trust, a cursory search revealed no legitimate use case imo, all use cases I see are proxies to skirt taxes or hide income/wealth. What would you consider a legitimate use case for one?
Your point re: case law is well taken, but per [2] up until a few decades ago there was a cat-and-mouse game between laws and tricks regarding inheritance wealth transfer. This stopped and it’s easier than ever to transfer > 10M tax free at or death, which has massive implications for wealth inequality.
That said I agree it’s extremely unlikely and have no hope that any of this will change.
edit: as a biz you (we) should use a legit import broker instead of UPS. But individuals like OP are stuck with no option.
Currency inflation leads to unfair distribution because the value of financial assets grows faster than the real economy (it inflates).
Currency deflation benefits the poorer. As technology and productivity grow, it costs less to produce goods, so their prices should decrease.
The currency hoarding behavior that you describe is no different than today’s financial investment.
It is trivially easy to avoid the effects of inflation by investing - if you have assets to invest, that is. But if you live month to month, you get screwed by inflation, because your salary is sticky as prices rise.