SF
Joined July 2006
AI is indefinite abundance and crypto is definite scarcity. Both are important.
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i literally just said to him IRL “maybe the reason my concern is misplaced is that tech is so massively deflationary” and he said “wait i have to do something one sec”
Replying to @sama
I think you’re missing the fact that tech is massively deflationary and might outstrip all of this. You need to think bigger
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No matter what you think about Worldcoin, I think some of the ideas in here are likely important to the future of privacy: worldcoin.org/privacy-by-des…
This looks like it produces a global (hash) database of people's iris scans (for "fairness"), and waves away the implications by saying "we deleted the scans!" Yeah, but you save the *hashes* produced by the scans. Hashes that match *future* scans. Don't catalogue eyeballs.
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I think Worldcoin is more privacy-preserving than centralized services we use today. All Worldcoin, or anyone, could ever tell is if someone has already signed up for the service. The hash is cryptographically decoupled from the wallet and all future transactions.
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Experimentation with new approaches to privacy and identity seem good to me. Everyone can decide what they want to use and not use.
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All that said, I definitely underestimated the visceral reaction to using biometrics for identity verification (e.g., I love FaceID and I was surprised to hear from people who don't) and it didn't come through in Worldcoin's field tests. Interesting update for me.
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One mostly-unrelated prediction: there will be a lot of new jobs for training advanced AI systems, and they will be both high-status and high-paying.
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Imagining an AI future (with some amount of redistribution) is an interesting lens for the Great Resignation.
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Less people will have to work in the traditional sense and people will be less willing to do jobs they don't like. People won’t have to work to survive, and we will have to pay more for less desirable jobs, or automate them, which seems great all around.
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I predict that it will turn out that, contrary to think tank wisdom, people can be happy and fulfilled without a "traditional" job. There will be plenty of new things to do and new ways to get status.
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We just got maybe 10 years of acceleration of what was going to happen anyway, but we still have much further to go.
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Seems like there are two bad options: either the fed raises interest rates enough to slow inflation, and debt service consumes a huge amount of national budget, or inflation really runs. It doesn't seem right that current inflation is very transitory.
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But I don't think the status quo can go on too much longer, and we have simultaneously forgotten what it's like to not have this much liquidity injected all the time and haven't yet come to grips with the size of the US debt.
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After 9/11 (3k US deaths), we got so much societal change and spent trillions of dollars. After COVID-19 (700k+ US deaths), we seem to be getting very little change, and spending very little money.
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I felt confident we'd get real change–competent planning for future pandemics, severe regulations on gain of function research, FDA reform, rapid-response vaccines for new viruses. We are struggling to commit even a few tens of billions. What's gone wrong?
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I'm quite nervous about the next pandemic–it could be much worse and it doesn't really look like we're going to prepare.
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(And what lessons can we learn from this response for other major threats that require government action?)
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🥺
"If you're talking about AGI in 2021, you're probably a CCP apologist" – Peter Thiel
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Sam Altman retweeted
1/ Today, I am excited to reveal Worldcoin, a new, global digital currency that will be distributed fairly to as many people as possible. We will launch by giving a free share of Worldcoin to everyone on Earth. Read more: worldcoin.org
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