Full-time Student Adviser at University College Dublin. 🇮🇪
Blogger 🖊 / Podcaster 🎤
Husband, brother, playlist-&-bad-jokes lover
(he/him; all views my own)
AI is the next great infrastructure project. Most companies which built railroads and the internet are now footnotes in history, while their creations stayed on.
The economy may suffer; AI is here to stay. Is this the best outcome? Comments welcome!
[5/5]
AI is the next great infrastructure project. Most companies which built railroads and the internet are now footnotes in history, while their creations stayed on.
The economy may suffer; AI is here to stay. Is this the best outcome? Comments welcome!
[5/5]
Those bets go sour (as does a good chunk of the economy, your investments included) and debt overwhelms the global economy. AI is a bust: our current worries about it and investors' "godlike" predictions are mostly unfounded.
(For more on those threats see:
[4/5]
Those bets go sour (as does a good chunk of the economy, your investments included) and debt overwhelms the global economy. AI is a bust: our current worries about it and investors' "godlike" predictions are mostly unfounded.
(For more on those threats see:
[4/5]
Over time, the companies somehow make money from AI (likely through a combination of accounting fidgeting and marketing). They pay off their debts. Your pension fund is in the black. AI is ubiquitous and permanent, everywhere from your car to your computer.
[3/5]
Over time, the companies somehow make money from AI (likely through a combination of accounting fidgeting and marketing). They pay off their debts. Your pension fund is in the black. AI is ubiquitous and permanent, everywhere from your car to your computer.
[3/5]
All this debt and spending will have 1 of 3 outcomes.
Each of them impacts us differently as citizens, consumers, workers, educators, artists, thinkers.
[2/5]
All this debt and spending will have 1 of 3 outcomes.
Each of them impacts us differently as citizens, consumers, workers, educators, artists, thinkers.
[2/5]
[14/14]
[14/14]
A government which intervenes in the marketplace or society (even just a little) in order to serve their vision of justice will create problems. It will try to fix those problems by expanding its power until eventually it becomes totalitarian.
[13/14]
A government which intervenes in the marketplace or society (even just a little) in order to serve their vision of justice will create problems. It will try to fix those problems by expanding its power until eventually it becomes totalitarian.
[13/14]
The first is epistemological. Even if there were a right/wrong way to administer a marketplace or society, no individual or supra-individual organisation can know what it is. What government could distribute cars fairly?
[12/14]
The first is epistemological. Even if there were a right/wrong way to administer a marketplace or society, no individual or supra-individual organisation can know what it is. What government could distribute cars fairly?
[12/14]
Not everyone has access to a vehicle: they must buy them in a market -- if they can.
Hayek can see no other way but the market. If everyone were given a car, what government could confidently and competently ensure that this happened?
[11/14]
Not everyone has access to a vehicle: they must buy them in a market -- if they can.
Hayek can see no other way but the market. If everyone were given a car, what government could confidently and competently ensure that this happened?
[11/14]
Every vehicle has equal access to the road, no matter its size, speed, age, etc.
[10/14]
Every vehicle has equal access to the road, no matter its size, speed, age, etc.
[10/14]
[9/14]
[9/14]
On the roads, the government nudges us through road signs and markings. Nudges don’t tell us what to do, but they do help us to do the right thing.
[8/14]
On the roads, the government nudges us through road signs and markings. Nudges don’t tell us what to do, but they do help us to do the right thing.
[8/14]
Ethics do not come into it: with freedom comes responsibility, and a free society relies on responsible citizens.
[7/14]
Ethics do not come into it: with freedom comes responsibility, and a free society relies on responsible citizens.
[7/14]
It is self-regulating because its citizens and its government regulate themselves.
Likewise, our roads are mostly self-regulating when all (or most) drivers exercise care.
[6/14]
It is self-regulating because its citizens and its government regulate themselves.
Likewise, our roads are mostly self-regulating when all (or most) drivers exercise care.
[6/14]
[5/15]
[5/15]
Expressed as a negative freedom, it is the freedom *from* coercion by an individual or a supra-individual entity.
[4/14]
Expressed as a negative freedom, it is the freedom *from* coercion by an individual or a supra-individual entity.
[4/14]
Driving encapsulates the idea of positive freedom: you are (usually) free *to* drive wherever you want, and to decide what route to take.
[3/14]
Driving encapsulates the idea of positive freedom: you are (usually) free *to* drive wherever you want, and to decide what route to take.
[3/14]
The former is the only conceit remaining from my childhood. The latter is newer: I learned to drive recently and have all the zeal of a new convert. Here’s what I’ve learned.
[2/14]
The former is the only conceit remaining from my childhood. The latter is newer: I learned to drive recently and have all the zeal of a new convert. Here’s what I’ve learned.
[2/14]