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Old 11-24-2023, 06:12 PM   #25 (permalink)
Ecky
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Quote:
Originally Posted by freebeard View Post
Wealth or value? Wealth in the stock market, value in AGI.

What comes after LLMs? -- Anastasi In Tech -- 04:24 - AI Stocks to watch

This is why management of OpenAI was running around with their hair on fire. ....and Micro$oft stepped in and took the whole thing without firing a shot.
This is a solid point.

Disregarding the fact that the median Kiwi has twice as much wealth as the median American, consider the following:

-If an American road is 30% wider, and costs 30% more to make, and 30% more to upkeep, where does this fit into wealth vs value? It certainly contributes to America's measured wealth.

-If the typical American refrigerator has twice the interior volume of the typical Kiwi refrigerator, and costs twice as much, how does this contribute to the typical American's wealth vs value?

-If the typical American bathroom has 50% more area, and costs 30% more to build, what does this say about American wealth vs value, if this is another piece of what is measured?

-If the entry-level beater in America is now a $5,000 US car, but the $1000(US) beater is alive and well in NZ (for essentially the same car), that makes the American with the same beater 5x more wealthy.
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