TheGuySwann on Nostr: There's no point in wasting resources for a job that can be done for free. There is ...
There's no point in wasting resources for a job that can be done for free. There is no time in which new technology doesn't force change, it's necessary for productivity and wealth creation (and yes for *everyone, not just the rich).
The problem with the IBM and corporate giants is that they may have centralized, proprietary *ownership* of massive AI platforms, which will suck up wealth, instead of unleash it. We are in a race where we need to build and distribute these tools in open source versions to everyone. That, in combination with fixing the money, will fix the incentive inversion that has sustained these enormous, inefficient corporate giants to begin with. Without the debt, inflationary financing system we currently have, these huge institutions would never naturally be sustainable anyway.
The correction is coming, and it's going to happen fast. But it's also going to create a staggering amount of wealth and unlock tons of opportunity for those who can recognize and take advantage of it.
The problem with the IBM and corporate giants is that they may have centralized, proprietary *ownership* of massive AI platforms, which will suck up wealth, instead of unleash it. We are in a race where we need to build and distribute these tools in open source versions to everyone. That, in combination with fixing the money, will fix the incentive inversion that has sustained these enormous, inefficient corporate giants to begin with. Without the debt, inflationary financing system we currently have, these huge institutions would never naturally be sustainable anyway.
The correction is coming, and it's going to happen fast. But it's also going to create a staggering amount of wealth and unlock tons of opportunity for those who can recognize and take advantage of it.