Thread 513606187

AI as a concept is extremely deflationary. So deflationary that they will have to print trillions of dollars to increase inflation. I can't think of a better moment to make decent bucks.

It can't be deflationary because it doesn't shrink the supply of money in the economy.
If it requires money printing (nothing requires it) it is inflationary.

>>513606356
Deflation (falling price levels) can result either from monetary contraction or from real-side productivity shocks. So, even if money supply stays constant or rises, if supply of goods/services grows faster than demand, the average price level can decline. AI could trigger exactly that.

>>513606187 (OP)
>AI as a concept is extremely deflationary.

it will send electric bills sky high while at the same time getting lots of people fired with no prospect of a new job.

It's overall very bad news.

>>513606187 (OP)
no

>>513606187 (OP)
name one thing of value produced through "AI"

>>513606877
"ai art is real art"
the falsity of this is shown easily: name ONE famous AI art. A film, painting, music, whatever, literally any ai art famous for actually being good.
AI is just the trendy buzzword of the day. In ten years the biggest effect is everybody who graduated after 2023 is suspected of using nothing but GPT

>>513606187 (OP)
>deflation
no such thing in kike economy, only artificial crashes so (((they))) can buy low

>>513607019
Aren't colleges already coming up with ways to deal with this? i'm not a 100% a luddite, but i genuinely believe that relying on AI all the time will just make you dumber

>>513607019
>every art form must have at least one famous example
false premise. also ai art has only been around for a few years. there was an ai artwork that won some art competition. but more importantly, there's plenty of ai generated content that i personally enjoy. i don't care if it's famous or if anyone else enjoys it.

>>513606877
i constantly use ai to write basic python scripts to automate repetitive processes. you're welcome.

>>513609551
wow, the cost of writing basic python scripts must just have DEFLATED. actually no one cares.

>>513610053
>name one thing of value produced through ai
>i name one thing of value produced through ai
>seethes
k

>>513606187 (OP)
AI will eliminate the middle class.
Right now, not in the future, you don't need hundreds of coders to create software, you just need one or two who will prompt the AI and review the outputted code.

>>513606428
Deflation means a deflation of the money supply which would cause a general fall in prices.
The entire goal of technology is to make goods cheaper so AI would be a good thing in this case.

>>513610107
i dont think you understand what this thread is about

>>513609516
but there's nothing
no popular or renowned film / game / novel AT ALL

p.s. python lol, i used to be judgemental about python coders but now I see I should've been even more judgmental because python scriptkiddies are the same type as the AI-bros
(i use AI, but not much. It just gets too much wrong.)

>>513610784
>but there's nothing
this has already been stated

>p.s. python lol, i used to be judgemental about python coders
i know you're contrarian you don't have to tell me

>>513606187 (OP)
where will you get the energy?

>>513606187 (OP)
>chud pepe
Cursed chepe

>>513610107
i completely agree that AI is a great tool for writing code, and will shake up programming dramatically

>>513606187 (OP)
Hmmm so your premise is that the cost savings from white collar automation will be transferred to the consumer? Seems unlikely. Also most money is spent on physical goods/blue collar stuff, so it would only affect these tertiary markets