1/ I strongly disagree w/this take. Frankly, suggesting that it's somehow bad to spend resources on AI models for curing cancer is offensive. I know people that survived cancer & people that didn't, and none of them would prefer having cancer to having big co's investing in AI.https://twitter.com/_KarenHao/status/1352351447803965441 …
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2/ The argument is that wealth shouldn't have so much influence over innovation. But that's backwards. Most big innovations wouldn't exist w/o $ incentives -- which lead to wealth. What fraction of stuff we use was created by companies vs. govts, non-profits, etc? I'd wager 95+%.
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3/ The market's incentives will lead to some accruing more relative wealth than others, but they also make everyone wealthier in an *absolute* sense. I'd rather be poorer in a world w/smartphones, refrigerated food, and cancer cures than wealthier in a world w/o those things.
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4/ One of my fave posts is "You Are Richer than John D. Rockefeller." It reminds us that we have access to better food, meds, transportation, & information than the richest person 100 yrs ago. Incredible. Why? Because financial incentives drive innovation.https://fee.org/articles/you-are-richer-than-john-d-rockefeller/ …
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Her arguments actually much more nuanced. There’s a second thread you may have missed. It’s mostly discussing expensive large scale AI models vs smaller cheaper models with better data.
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