Formerly u/CanadaPlus101 on Reddit.

  • 0 Posts
  • 277 Comments
Joined 1 year ago
cake
Cake day: June 12th, 2023

help-circle





  • In a lot of jurisdictions there’s no minimum reserve requirement anymore, in cash. It’s not really a problem, because at the big bank level money on paper is barely real. If they need more, they can almost just ask. They do have to have a certain minimum amount of capital, though, which can take a number of forms.

    I mixed up my exact terms a bit earlier, sorry about that. I’m not a professional macroeconomist, I only know enough to know they’re not completely full of shit.

    we are experiencing greater and greater asset bubbles and at no point in world history were things actually different.

    I’m not sure what you mean by this. If things aren’t any different from before, how can we have bigger and bigger asset bubbles? I don’t know that we do, really. The niche for bear investors is very full, if something’s overvalued by the whole market you and me won’t know either.





  • CanadaPlus@lemmy.sdf.orgtoAsklemmy@lemmy.mlHow useless are dating apps?
    link
    fedilink
    arrow-up
    16
    arrow-down
    1
    ·
    edit-2
    2 days ago

    Very. They’re all swipe boxes at this point, and that basically means it’s a slot machine that dispenses people. It’s designed to be addicting, not actually locate a compatible partner.

    No, I don’t really have a good alternative. Date-me docs are interesting, kind of a zine-y grassroots version of the app we wish we had, but they’re a small phenomenon and I don’t know how many people actually manage to meet through them. I heard something about fediverse dating, but that’s even more niche.




  • Having an internet connection, a proper AI can easily order contractors around and reproduce, secure and empower itself.

    I mean, that’s the standard idea guys like Yudkowsky talk about. Having poked around a bit, it seems a couple decades of petty hackers have made that pretty impossible to do without either leaving a meatspace paper trail, or having meatspace human accomplices. Conquering the world instantly by Wifi, unless you can break encryption, is probably overblown - for now.

    Otherwise, I just agree.




  • I’m worried about this one, especially from an AI safety perspective as LLMs become capable of preforming simple white-collar jobs, like those of managers and investors.

    Right now a rogue AI would have trouble getting going because human contact is expected in most important business transactions. However, it’s easy to imagine a world where most people are employed by opaque apps, which are run through proprietary servers. Then, all it would take is for some server on Wall Street to calculate that it could make more money if it does buybacks until it has a majority stake in itself, and contract out whatever it needs in meatspace to apps.

    I know, I know, it sounds like sci-fi, but it always does at first.