Humanius

I like to think that these videos are the only thing keeping Patrick Boyle sane from his career in finance.

His channel is great. I love his dry sense of humour.

People who have a more in-the-middle opinion generally don’t talk about AI a lot. People with the most extreme opinions on something tend to be the most vocal about them.

Personally I think it’s a neat technology, and there probably exist use-cases where it will work decently well. I don’t think it’ll be able to do everything and anything that the AI companies are promising right now, but there are certainly some tasks where an AI tool could help increase efficiency.
There are also issues with the way the companies behind the Large Language Models are sourcing their training data, but that is not an inherent issue of the technology. It’s more an issue with incorrectly licensing the material.

I’m just curious to see where it all goes.

Discord and Whatsapp
I’d love to use Signal, but virtually noone in my sphere uses it.

But someone still needs to pay for that storage investment (as well as for maintaining the grid), and if noone (or nearly noone) is paying for their power then there is no money to invest in these things

Correct, but that also comes to the main reason why paying people for roof solar isn’t sustainable in the long term.

As solar panels keeps getting cheaper, more and more people will put solar on their roof. Since they get paid / reimbursed for feeding power back into the grid. And they don’t need a battery because they can just draw from the grid. This causes two problems:

• During the day far more power is produced than needed, since everyone has solar on the roofs
• During the night there is a lot of power draw from the grid, which cannot come from all the available roof solar.

Paying people for their roof solar is a good strategy short-term, but as more and more people have solar on the roof you cannot really keep doing that.

Where in Europe is this? Europe isn’t a monolith, after all.
Here in the Netherlands we (currently) still have the “salderingsregeling” which is used to reimburse people for the solar they feed back into the grid, though that will eventually go away.

Paying people for solar on the roof is a bit tricky in general, and probably not sustainable long term:

• The money to maintain the grid has to come from somewhere, and if a lot of people have a bill of zero euros or a negative amount, that system kind of breaks down.
• The grid has a maximum capacity (especially in residential neighbourhoods) so you cannot pump an infinite amount of power back into the grid. If many houses in a neighbourhood have solar the grid simply cannot cope.

Just wait till Musk learns about banking regulations.
He’s already complaining about the EU regulations on social media, but they nothing compared to what banks have to deal with.