AI in a box

[Eagler]

The cure for high prices is high prices.  Eventually you cross the outrage threshold and people just stop buying.

Like those $120,000 pickup trucks sitting on dealers lots.  Let them depreciate and rust on the lot.

Which is how it has/should work but not so sure it will in the future..

Might be more money printing for vote buying checks to subsidized everything like they did EV's before they realized they never had the money to do that even..

Interesting times ahead..

Eagler

[CptTrips]

Which is how it has/should work but not so sure it will in the future..

Might be more money printing for vote buying checks to subsidized everything like they did EV's before they realized they never had the money to do that even..

Interesting times ahead..

Eagler

When you're given free money like a COVID or Tariff check, or borrowing is essentially free, it suppresses any normal price sensitivity.

Cut off the free money and put the fear of imminent job loss into hearts and minds, and price sensitivity will return with a vengeance.

Which spirals into deflation and depression as people stop spending.

Hyper inflation or depression.  Take you choice. 

Deflation after decades of insane free-money policy is needed, but it won't be fun or pretty.

[AKIron]

Many things will lose their value but groceries and real estate will always be in demand.

[AKIron]

We spend $100 billion a year on SNAP. How much money could we save if we offered a couple of MREs a day for those unable to provide for themselves? I ate them. They're not bad.

[Meatwad]

We spend $100 billion a year on SNAP. How much money could we save if we offered a couple of MREs a day for those unable to provide for themselves? I ate them. They're not bad.

How much would it really be if the fraud and non eligible was removed

[CptTrips]

Many things will lose their value but groceries and real estate will always be in demand.

House prices dropped 20% after the GFC.  It took 10 years to recover.

Why would they be immune this time?  This is going to be way worse that GFC.

[Eagler]

How much would it really be if the fraud and non eligible was removed

They won't allow anyone to actually determine that as the waste would be as shocking as it is criminal..

Like everything else government runs it waste more than it uses properly..

...and it has bought votes since Johnson..

Eagler

[AKIron]

House prices dropped 20% after the GFC.  It took 10 years to recover.

Why would they be immune this time?  This is going to be way worse that GFC.

And people won't sell what they have and builders won't build. Lots of new apartments here.

[Eagler]

Playing around with an old Dell d630 installing wixp, Ubuntu and mint on different hard drives ...

ChatGPT is a huge help getting everything running..

Eagler

[CptTrips]

I had some firewall and hardware problems recently and Gipity walked me through step by step diagnosing and resolving the problems.

I fixed in an hour what would have taken me days of googling and reading.  That's not nothing.  Multiply those time savings across massive organizations.

IT guys will hate it.

[AKIron]

Many cannot define or state their problems adequately enough for a search or AI to help. IT jobs are safe.

[AKIron]

Many want to define their issue in a vague way and then not be bothered any further with the resolution. They will hate having to interface with AI.

"My spreadsheet is slow".

Well, you have many external links to sources that may be slow or unreliable.

"I don't care about that just fix it."

[CptTrips]

They will hate having to interface with AI.

Compared to dealing with some tech support on the phone with a not-really understandable Bangladeshi accent?

[AKIron]

Compared to dealing with some tech support on the phone with a not-really understandable Bangladeshi accent?

I'll clarify, IT jobs here (for native english speakers) are safe.

[icepac]

Too bad nobody coming out of high school has any marketable IT skills.