SF is not the only place where housing is expensive. There are plenty of cities where they could build more housing and they don't because it isn't profitable or because they don't have the workers to build more, not because the government is telling them they can't.
> US$700 billion could build a lot of infrastructure, housing, or manufacturing capacity.
I am now 100% convinced, that the US has power to build those things, but it will not, because it means lives of ordinary people will be elevated even more, this is not what brutal capitalism wants.
If it can make top 1% richer in 10 year span vs good for everyone in 20 years, it will go with former
What $700 billion can't do is cure cancers, Parkinsons, etc. We know because we've tried and that's barely a sliver of what it's cost so far, for middling results.
Whereas $700 billion in AI might actually do that.
Your name is well earned! "can't cure cancers" is impressively counterfactual [0] as 5 year survival of cancer diagnosis is up over almost all categories. Despite every cancer being a unique species trying to kill you, we're getting better and better at dealing with them.
tomjen3|23 days ago
Its not due to a lack of money that housing in SF is extremely expensive.
ajam1507|23 days ago
throwaw12|23 days ago
I am now 100% convinced, that the US has power to build those things, but it will not, because it means lives of ordinary people will be elevated even more, this is not what brutal capitalism wants.
If it can make top 1% richer in 10 year span vs good for everyone in 20 years, it will go with former
unsupp0rted|23 days ago
Whereas $700 billion in AI might actually do that.
wolfram74|23 days ago
[0]https://www.cancer.org/research/acs-research-news/people-are...