[neffy]

If they optimize though - and this is coming at some point - local AI becomes possible, and their entire business case as a cloud monopoly evaporates. I think they know they're in a race between centralized control, and widespread use and control, and that is what is really driving this.

[danielscrubs]

Yes, if you see the LLM as a compressed dictionary of all available information.

But if they succeed with agentic reasoning models (we are absolutly not there yet) then I think meritocracy will be replaced with assetocracy. The better the model, the more expensive it will be and the better the software will be.

I don’t worry about it myself, but I do worry for my kids. Im not even sure what to teach them anymore to have a shot at early retirement (and they keep raising the retirement age too).

[derf_]

Teach them basic financial literacy. The time value of money, the power of compounding, the relationship between risk and expected returns. Grade school does not cover any of this.

It does not matter what your income is if you cannot budget and save.

[OutOfHere]

The best thing to teach them is how to use AI really well, how to be educated enough to do so, and perhaps how to improve AI.

[greenchair]

Military then a trade then a small business with employees doing the trade then done.

[snovv_crash]

This assumes you believe in the scaling hypothesis.

[zyx321]

>assetocracy

That's an interesting neologism, but the existing term for "rule by whoever controls the most expensive assets" is "capitalism"