Running with this analogy, the two sides of the AI argument are the people who think they can fire their plumber and electrician now that they have a drill driver, and the people who know it doesn't work that way...
Quite. My larger drill driver will wrench your wrist unless you know how to set the speed/mode/etc correctly and know how to brace yourself correctly.
At the moment, I think that a LLM needs skilled hands too. Have a casual chat - that's fine but for work ... be aware.
I recently dumped a wikimedia (our knowledge base is a wiki) formatted table into a LLM (on prem) and asked it to sort the list on the first column. It lost a few rows for some reason. No problem - I know how my tools work but it was a bit odd!
Heisting multiple billions worth of crypto would have the same issues, just to a smaller degree. If that much illicit money is on the line, `mJurisdiction` which normally looks the other way might be tempted to investigate and confiscate it for their own benefit.
They also can't easily sell that amount quickly without repercussions (and without another institution like an exchange).
I was curious about this point when discussion came up on HN just recently. I don't see how you could "assign" each non-QR address a new quantum resistant address unless they "claim" it themselves somehow. What can possibly happen to an uneducated mom-and-pop bitcoin holder who never takes up their claim? Someone else who cracks their private key would be in an identical position to them w.r.t authenticating themselves and doing such a claim first - thus it becomes a race
> Shareholder returns go to the top 10% of Americans (who own 90% of US equities), so any argument about prosperity impairment from impaired immigration is going to fall on deaf ears in this context.
"We fail to tax our corporations adequately, so the proceeds of rampant deregulation and profiteering don't benefit the general populace".
I don't necessarily disagree with your stance but this seems like a weak justification (it's pragmatic, to be fair)
Do understand, though, that market return will struggle to achieve 9% for the coming decades. A 9% annualised return would put the US stock market at 50% of world GDP in 10 years (edit: 20) and something like 90% of world GDP in 30 years (edit: 50 years). Cost of goods, and your customer's money, both have to come out of global GDP too.
(The current value of around 25% of global GDP doesn't even include the 1.75 trillion SpaceX which alone would be another almost 1%...)
ETF expense ratios are small but still mean retail will underperform anyway. It's an unfortunate situation all around.
Yeah I am not taking a position on how the market will do in the future. Just saying that active investing will underperform passive unless you are one of the few market participants who actually has alpha.
Facial recognition would be able to detect all the strangers around you, whereas audio would surely only pick up people nearer the device, and presumably wouldn't be able to tell people apart/identify them. You're right about network data; if they're using Wifi/BT probes then they can already find and identify everyone in the vicinity.
I'm curious why you're using past tense by the way?
Oh yeah I agree it’s bad. I just meant, company has no morals. It is very data hungry and doesn’t care about people’s privacy.
And with respect to past tense, I don’t know if they still do when they were caught red handed about some of these things. Unless there is a court order I am sure they still do, but I have no proof point.
reply