Yes. But quantity has a quality all its own, as they say — derivatives have gone through at least a few step functions where they have become more important and more useful as their usage grows. I’d call that advancement.
Maybe just to be clear I think that kneejerk “I hate this AI trend, and prefer to believe this will end soon, all exponential growth ends eventually” is intellectually lazy, and dangerous for younger engineers/hackers, a group I hope can benefit from being on HN.
Bitcoin mining went through something like 13 10x growth periods, last I ran the numbers a few years ago. There are physical processes that do have very extended periods of doubling, and there are digital and financial processes that don’t show any signs of doing anything but continuing to keep growing over their multidecade lives. So, like I said, it’s worth thinking carefully, and risk mitigation for things like mental health, career decisions and investment decisions indicates we should be cautious assessing new dynamics.
Yes. But quantity has a quality all its own, as they say — derivatives have gone through at least a few step functions where they have become more important and more useful as their usage grows. I’d call that advancement.
Maybe just to be clear I think that kneejerk “I hate this AI trend, and prefer to believe this will end soon, all exponential growth ends eventually” is intellectually lazy, and dangerous for younger engineers/hackers, a group I hope can benefit from being on HN.
Bitcoin mining went through something like 13 10x growth periods, last I ran the numbers a few years ago. There are physical processes that do have very extended periods of doubling, and there are digital and financial processes that don’t show any signs of doing anything but continuing to keep growing over their multidecade lives. So, like I said, it’s worth thinking carefully, and risk mitigation for things like mental health, career decisions and investment decisions indicates we should be cautious assessing new dynamics.