Correct. Quantum computing breaks current encryption like nothing. All that crypto coins are, are the results of finding prime numbers. Quantum computers will be able to do that with a breeze, thus they will find MANY more coins in the crypto space. The whole market is controlled by the scarcity of coins, if the market is suddenly flooded with new coins, obviously they will depreciate.
Meh. We have heard they are coming for your jobs for years. Of course some will be disrupted, it happens to everyone. There are no more elevator operators etc.
Anthropics CEO says we will likely see a multi-year period of 10%+ gdp growth due to AI. The challenge will be if we actually tax those who benefit, and what social services do we need to support all the unemployed.
correct
Yeah, i'm not convinced everyone will be unemployed. People will have to change jobs, sure. That's a part of progress.
I don't like how the immediate response is to regulate and tax.
Pretty badly. I'm a humanist who cares about others. I'm not a control freak, I just believe in accountability. If an industry disruption is going to bankrupt half the white collar workers in America, then we need a plan. Not just wait and see what happens. You know who is control freaks? Lobbysts and Corporations who want to deregulate everything and consume all the profit of all their workers into LLM's and destroy their jobs for shareholder gain.
Government doomers think the water they drink everyday was safe because its good for shareholder value.
You are trying to control the outcome, before you even know what the product is.
I think we all should be focused on the outcome right? In business, whatever the product or the process is, we measure it on the outcome.
Why would that change the ROI on data centers?Google Just Announced Really Bad News for Micron and Sandisk | The Motley Fool
One tech executive described this latest innovation as "Google's DeepSeek" moment.www.fool.com
Huge news and should make everyone stop and recalculate the ROI on all these datacenter investments.
isn't the first reaction normally to regulate and tax.
I'm not sure you really understand the role of lobbyists
It's kind of like traffic. If you widen the road and make the road nicer, you will actually get more traffic, not less.
This is a strange argument to make from the point of view of not understanding what google has published and not understanding the actual factual financials of the AI circle jerk thats currently going on.
I use Claude code at the terminal for a lot of work (I’m a computational scientist), and use ChatGPT and Gemini for more everyday things such as quickly converting an email into a calendar event.
I feel like the thermodynamics required for quantum computing will make consumer quantum computing take forever (i.e., probably not in our lifetimes). But I bet we could have maybe something more along the lines of a city or county quantum computer that people could use with a quantum version of Slurm workload manager.
Whoever launches the first one and applies crypto mining will be a billionaire overnight
I agree that the first person/group/lab with an effective quantum computer should be able to break all the cryptography behind blockchain, but they probably wouldn’t be able to do it incognito.
