| ▲ | JacobiX 10 hours ago |
| > As the nurse incorporates AI into her job, the nurse is able to oversee and accomplish more. She can spend more time talking with patients and helping them understand diagnoses. Productivity increases. This feels economically naïve.. If AI lets one nurse do the work that previously required two, the default pressure in a cost-driven system is not "great, now nurses can spend twice as long with patients" It is "great, now we can run the same operation with fewer nurses" |
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| ▲ | engeljohnb 5 hours ago | parent | next [-] |
| I know this is just an example, but I'm going to say this every time the subject comes up: since human lives are the cost of making the wrong decisions, AI can't be allowed to be a decision maker of any kind in healthcare. If my blood pressure crashes because my nurse is caring for 15 patients at once and didn't notice that the AI decided to pause my norepinephrine, I won't consider "the AI did it" to be any acceptable excuse. |
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| ▲ | throwaway13337 an hour ago | parent | next [-] | | Replace AI with 'company' and you realize that we're living in that world already. There's a reason it's called a Limited Liability Company. The whole point is to separate the company's liability from the individual that participates in it. For example, corporate financial liabilities of a company that is bankrupt. You would not sue the nurse that makes a mistake. You would sue the company she works for. And if that company is bankrupt, well, that's it. There are rare instances where this isn't true, but generally it is. Whether this is ethical or not, it's the system that we already have. | | |
| ▲ | an hour ago | parent | next [-] | | [deleted] | |
| ▲ | daveguy 27 minutes ago | parent | prev [-] | | I don't think they meant the nurse would be responsible. The LLC would and should be fucked in that case. |
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| ▲ | tengbretson 4 hours ago | parent | prev | next [-] | | > AI can't be allowed to be a decision maker of any kind in healthcare. It will, except it will be snuck in through the back door. It won't be some kind of robo-doctor making care decisions, it will come in the form of insurance eligibility steering the approved care plans, which absolutely will be decided by AI. The doctors will remain to act as liability sinks, but functionally they will probably join the ranks of the meat proxies. | | |
| ▲ | trhway 2 hours ago | parent [-] | | I see that already in veterinary medicine with the non-DVM office/practice managers (or whatever title that guy lurking around in the office may have) - in the vet practices belonging to large networks the DVMs and nurses constantly looking at those managers for approval. | | |
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| ▲ | RigelKentaurus 4 hours ago | parent | prev | next [-] | | Not to say that I don't agree with you to an extent, but you should see AI-delivered healthcare numbers to human-delivered and make it a fair comparison. From Google: "Annual Deaths: Over 250,000 people die each year in the U.S. due to medical errors made by healthcare professionals, including doctors and nurses.
Ranking: This figure positions medical errors as the third leading cause of death in the United States, following heart disease and cancer." It is highly possible that in a few years, AI will be a lot safer in the majority of healthcare situations. | | |
| ▲ | bluerooibos an hour ago | parent | next [-] | | This. It's the exact same argument that was being made (maybe still is) against self driving cars. To be honest, I'm looking forward to more AI in healthcare if it can increase diagnosis success rates and improve treatment outcomes etc. | |
| ▲ | ryandrake 4 hours ago | parent | prev [-] | | The difference is that humans are at least supposed to be accountable for those 250,000 errors. Those humans can naturally care about doing a good job, or they can be motivated to care. They can fear consequences and take pride in avoiding mistakes. AI can do none of this, and cannot be held accountable for mistakes. I would take a human with a 10% mistake rate but who can be held accountable, over an AI with a 0.1% mistake rate that is totally unaccountable for its mistakes. | | |
| ▲ | jurgenburgen 3 hours ago | parent | next [-] | | > I would take a human with a 10% mistake rate but who can be held accountable, over an AI with a 0.1% mistake rate that is totally unaccountable for its mistakes. You would take those odds? 100x more deaths? I agree that AI _companies_ should be accountable for the software they produce but I’m not convinced you would go for a 90% chance of survival if you can choose 99.9%. | | |
| ▲ | ryandrake 3 hours ago | parent [-] | | I guess if you're dead, then it ultimately doesn't matter if someone can be held accountable, although it might matter to your next-of-kin. But, yea, in general, it would take a huge (1000X or 10,000X) difference in expected outcome for me to trust something that is unaccountable. If the AI company was actually held accountable for its AI's mistakes, I'd definitely change my statement. | | |
| ▲ | bdangubic 42 minutes ago | parent [-] | | AI is a tool just like any other tool. Holding “AI” accountable is like holding JetBrains accountable for the bugs I wrote with their tool than endangered lives of people | | |
| ▲ | krapp a minute ago | parent | next [-] | | There is simply too much money and too many interests vested in the narrative (which many people already believe) that LLMs are thinking, feeling, sapient beings already beyond the threshold of AGI that deserve some status of legal personhood and liability. It is impossible to create the future that these people want to create - one in which AI comprises the new legal class of nobility in an age of technofeudalism - if AI remains just a tool. | |
| ▲ | pixl97 30 minutes ago | parent | prev [-] | | Heh, just wait till some sovereign AI gets loose on the internet. |
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| ▲ | woah 2 hours ago | parent | prev [-] | | Human doctors and nurses are not accountable for outcomes, and they can not be accountable or our medical system (and any other medical system) would cease to function. |
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| ▲ | panarky 4 hours ago | parent | prev | next [-] | | > human lives are the cost of making the wrong decisions ... True. > ... AI can't be allowed to be a decision maker Non sequitur. Part 2 only follows from the Part 1 if you can demonstrate that AI makes more errors, or more severe errors, than humans in the identical situation. And for those situations, I agree with you. But there are already many situations where the AI is making fewer errors than humans, and for those situations, it would be unethical to exclude AI (see Part 1). | | |
| ▲ | nozzlegear 2 hours ago | parent | next [-] | | Better error rates are an argument for AI into the process, but that doesn't justify making it the decision maker. Ethics concerns more than just the error rate, it also concerns the accountability, ability to appeal, due process, explainability, distribution of harm, and so on. Ethically, we can easily justify refusing to delegate responsibility and accountability to a system that has no responsibility or accountability. | |
| ▲ | engeljohnb 4 hours ago | parent | prev [-] | | Since AI can't be held liable for mistakes, it's immaterial whether the AI makes fewer mistakes than humans. | | |
| ▲ | RigelKentaurus 3 hours ago | parent | next [-] | | Not true. The company deploying or using the AI (not the frontier AI lab building it) needs to make sure that the AI works. Just like anything else. Not sure why this is complicated. | | |
| ▲ | pessimizer 2 hours ago | parent [-] | | > The company deploying or using the AI (not the frontier AI lab building it) needs to make sure that the AI works. Ah, they need to. Thanks for clearing this up. |
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| ▲ | GlacierFox 3 hours ago | parent | prev [-] | | This isn't going to compute with the AI evangelists on here. |
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| ▲ | pjmorris 2 hours ago | parent | prev | next [-] | | "A computer can never be held accountable; therefore, a computer must never make a management decision." - IBM, 1979 I'd say society's, or maybe executive's, viewpoint has shifted on this. | |
| ▲ | marssaxman 4 hours ago | parent | prev | next [-] | | Why wouldn't they just blame the nurse anyway? The law always puts somebody on the hook. The nurse's job will be to do what the AI says and take the blame when it fails. | | | |
| ▲ | PaulDavisThe1st 2 hours ago | parent | prev | next [-] | | Excuse for who? The nurse? The hospital administration? The hospital owners? The insurance company? | | | |
| ▲ | an hour ago | parent | prev | next [-] | | [deleted] | |
| ▲ | luka2233 2 hours ago | parent | prev | next [-] | | There was quite a long debate about "Hallucination Defense" here: https://news.ycombinator.com/item?id=46815527 | |
| ▲ | sdevonoes 3 hours ago | parent | prev | next [-] | | > “the AI did it" to be any acceptable excuse. It will be depending on how much you paid. My bet is that in the near future normal people (like most of us) will be attended by AI in pretty much everywhere: the bank, the hospital, shops, hotels, etc. You will need to pay extra premium to be attended by a human being. Actually that’s what’s been happening to the ultra rich since a very long time ago (e.g. a millionaire doesn’t book an appointment by using their phones, they ask their assistant to book for them; they don’t go online shopping, they get people do the shopping for them, etc) | |
| ▲ | zahlman 4 hours ago | parent | prev [-] | | I want to emphasize your point. As a basic matter of valuing humanity qua humanity, this holds even if the AI could be shown to make the decisions more accurately than a human could. In fact, especially in those circumstances, if we take the warnings of X-risk even slightly seriously. |
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| ▲ | pezezin an hour ago | parent | prev | next [-] |
| My dad is a retired nurse. Most of his work was giving shots, treating wounds, extracting blood, putting IV catheters, etc. In other words, physical tasks. How is an "AI agent" or LLM going to take care of that? |
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| ▲ | derektank 7 minutes ago | parent [-] | | Obviously not an LLM, but AI models + robotics are likely to automate many healthcare tasks in the long term and are already beginning to automate tasks like blood draws. The Aletta autonomously handles each step of the blood draw, while a trained phlebotomist initiates each session and remains available to respond to any issues throughout. The device guides the patient to position their arm, after which the patient or supervisor presses a button to start the blood draw. The Aletta then uses near-infrared light and Doppler ultrasound to locate a suitable vein and tell it apart from arteries. If no appropriate vein is found, the device will not attempt the procedure.
Once a vein is identified, the Aletta proceeds through the remaining steps on its own: applying a tourniquet, preparing the skin, inserting and disposing of the needle, changing collection tubes and placing a bandage. The supervising phlebotomist confirms that collection tubes are filled in the correct order and verifies that all tubes are adequately full following the procedure.
https://www.fda.gov/news-events/press-announcements/fda-auth... |
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| ▲ | slfnflctd 10 hours ago | parent | prev | next [-] |
| Our culture and the socioeconomic structures it reinforces will not change easily. More than ever, I feel we need both grassroots activism and key players at the top of the hierarchy. Otherwise, it is all too obvious where most of the rewards from increased productivity will go. The wealth hoarding has got to be curtailed. |
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| ▲ | fg137 10 hours ago | parent | prev | next [-] |
| I didn't read the article but headed straight to comments because I cannot trust a single word Anthropic says about economy. They have an incentive to play dumb and talk as if AI is net positive for the world. |
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| ▲ | dgellow 10 hours ago | parent | next [-] | | Yep, I read it, that’s what this seems to be about | |
| ▲ | sparklingmango 10 hours ago | parent | prev [-] | | It feels like propoganda. | | |
| ▲ | OroPla 2 hours ago | parent | next [-] | | As long as it is repeated often enough, everyone will accept it and most will also believe it. Even when corrected later, whatever was repeated more often will live on. This is why all the things you are supposed to believe are repeated and repeated and repeated some more. | |
| ▲ | mekael 3 hours ago | parent | prev [-] | | That’s because it is. And not even well presented propaganda. |
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| ▲ | marginalia_nu 31 minutes ago | parent | prev | next [-] |
| Anthropic is eyeing an IPO. Of course they're spinning a narrative where their product will reshape the entire economy. They have a vested interest in doing so in the most literal sense of the meaning. |
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| ▲ | pj_mukh 29 minutes ago | parent | prev | next [-] |
| Actually it is “great, now this nurse can bathe and give company to two patients instead of one with her paperwork otherwise taken card of” |
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| ▲ | d3dd 4 hours ago | parent | prev | next [-] |
| It shows a complete lack of understanding of what these people actually do. |
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| ▲ | bigbuppo 4 hours ago | parent [-] | | Never underestimate the ability of people in tech to misunderstand the real world. I'm sure there's a couple dozen xkcds about this. | | |
| ▲ | d3dd 4 hours ago | parent [-] | | Nah I fully expect it. Its like the people who say "if you automate writing code, accounting etc is done too". Like ok bro. |
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| ▲ | 2 hours ago | parent | prev | next [-] |
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| ▲ | vkou an hour ago | parent | prev | next [-] |
| Meanwhile, costs will somehow go up by 40%. |
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| ▲ | randusername 9 hours ago | parent | prev | next [-] |
| The whole idea that AI will usher in this utopia where workers in healthcare are able to realign their primary job functions with obvious value creation by sweeping all the paperwork under the rug is just silly. It will just fester out of sight and out of mind: audit bots and compliance bots and malpractice bots and insurance bots will arms race creating such a mess it will become unfixable. |
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| ▲ | zhivota 8 minutes ago | parent [-] | | There's an optimistic future where Medicare becomes so much more efficient it becomes politically obvious to expand it because it's outperforming the mess that is private sector healthcare. With AI I could actually see this being a possibility since it doesn't depend on a huge army of competent employees in a government office. |
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| ▲ | watwut 10 hours ago | parent | prev | next [-] |
| Moreover, the nurse is frustrated, because she lost whatever agency and autonomy she had before. Her job is now obey whay AI said instead of making decisions by herself. |
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| ▲ | Gud 5 hours ago | parent | prev | next [-] |
| It will bring down the prices for nursing and allow more people who previously couldn't afford health care to afford it, theoretically. |
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| ▲ | arrowleaf 5 hours ago | parent | next [-] | | No? Prices are market-driven in our society, not necessarily a function of labor costs. In the very long-term best case scenario, the increased profits going to the company from these efficiency gains may encourage more competitors to pop up, and either drive prices down or offer more for what you pay. | | |
| ▲ | greedo 3 hours ago | parent | next [-] | | Healthcare costs (what I assume you mean by prices) are the least market-driven items in the US economy. And as much as the medical community would have you believe, the primary driver of costs are labor costs. If we had twice the number of doctors, PRNs, PAs, and nurses, their annual income would drop dramatically. But since they're constrained by a guild system, it's not going to happen. | | |
| ▲ | win311fwg 2 hours ago | parent | next [-] | | > If we had twice the number of doctors, PRNs, PAs, and nurses, their annual income would drop dramatically. Yes, but the parent is saying that the middlemen will still charge the patients the same and pocket the difference. The patients have already shown what they are willing to pay. There is no reason to charge them less, even if your labor costs are now lower. Theoretically competition will eventually squeeze the middleman, but it's not exactly straightforward to build a hospital on every street corner like you can a restaurant. There is somewhat of a natural monopoly there. Maybe less so for basic clinic care, but where the infrastructure needs are complex... | |
| ▲ | 2 hours ago | parent | prev [-] | | [deleted] |
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| ▲ | MentalM 40 minutes ago | parent | prev | next [-] | | > Prices are market-driven in our society, not necessarily a function of labor costs. Yeah, but market itself is a function of labor costs. | |
| ▲ | Gud 3 hours ago | parent | prev [-] | | What do you mean, “our society”? How do you know we live in the same place. Perhaps where I live, efficiencies are to the benefits of everyone? | | |
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| ▲ | snovymgodym 2 hours ago | parent | prev | next [-] | | > theoretically In case you haven't noticed, all that our current system is able to do with increased efficiency is cutting staff and/or increasing the percentage of money that gets siphoned up to capital holders. | |
| ▲ | thrance 5 hours ago | parent | prev [-] | | Healthcare prices are not dictated by labor costs, but by how much the leeches who own everything are willing to charge people for it. For example, insulin is dirt cheap to make, yet billed at exorbitant amounts. | | |
| ▲ | FuriouslyAdrift 4 hours ago | parent [-] | | At least in the US, the ACA recalibrated how insurance companies get re-imbursed. Their margains are set as a percentage of the payment that goes to direct care. If the prices go up and their margin ratio is fixed, then it is in their best interest for charges to go as high as possible. Same as everyone else in the supply chain. Everyone is suddenly making money hand over fist and the insured can't say no to the premiums. https://www.moneygeek.com/insurance/health/aca-medical-loss-... |
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| ▲ | pydry 9 hours ago | parent | prev | next [-] |
| It feels economically naive because theyre presuming LLMs are magical boxes that replace humans. I doubt 99% of what a nurse does would be meaningfully aided by an LLM and where it would help it'd probably be a crappy band aid around a bigger festering issue anyway (e.g. poorly managed IT, deliberately confusing insurance processes). |
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| ▲ | alphawhisky 10 hours ago | parent | prev | next [-] |
| Call me crazy, but maybe our healthcare shouldn't be a "cost driven system". Maybe that was the issue before AI. But hell, what do I know? |
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| ▲ | Squarex 10 hours ago | parent | next [-] | | It will always be until we have unlimited resources. | | |
| ▲ | sheauwn 10 hours ago | parent [-] | | Costs can continue to be a factor in something, it is in most things, without it being the "driver". | | |
| ▲ | woah 2 hours ago | parent | next [-] | | It is possible to spend an infinite amount of money keeping a human being alive, and every year there are more ways to spend more money keeping someone alive a little longer. Once you're not spending an infinite amount of money for each person, you are in the territory of denied claims, "death panels", waiting lists, and all the other things people like to complain about depending on their political persuasion. | |
| ▲ | pessimizer an hour ago | parent | prev | next [-] | | It will always be the driver. The question is always going to be whether we spend X amount of resources to get Y probability of restoring Z health to someone (or someone to Z level of health.) Costs are just another way to say resources. If we only have $100, and it takes $100 to have a 33% chance to give Bob a 50% better life, but $50 to have a 15% chance to give either Sara or Rose a 100% better life, we need a rubric to make that decision. We can't just do first come first serve (maybe the first person in line takes all the health care for a 1% chance of getting 1% better), or pick the person we like better (who is we?). We have to figure out how to manage and grow the limited resources we have. We manage them by coming up with algorithms on how to spend money, and we grow them by cutting costs and investing. This is better when it is done in public through democratic means than when it is done behind closed doors (to avoid the above problems.) There will always be death panels. There are currently death panels. The reason for single-payer is not to avoid trying (imperfectly) to maximize these equations, it's to get rid of massive amounts of administration and graft (cutting costs.) If all that savings goes to the Pentagon, we wouldn't be any happier than before single-payer. But it's not good to come up with some fuzzy way to determine who gets treated. Efficient spending is a way of minimizing injustice. To say a health system is not being driven by costs is just another way of saying that it's going to be driven by undeclared and unexamined biases. | |
| ▲ | lotsofpulp 3 hours ago | parent | prev [-] | | What does cost driven system and driver even mean? The cost of something is the ratio of demand to supply. If something is not costing a lot, then it means there is sufficient supply that obtaining it is not going to require sacrifices elsewhere. If something does cost a lot, then it means there isn't sufficient supply, and obtaining it is going to require sacrifices elsewhere. Healthcare is obviously one of those things, especially with a top heavy population age histogram, where supply is not going to be sufficient so costs will remain high. And if costs are high, then obviously they will decide how resources get allocated, that is the very nature of something that is high cost. |
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| ▲ | JacobiX 10 hours ago | parent | prev [-] | | [dead] |
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| ▲ | JeremyNT 7 hours ago | parent | prev | next [-] |
| Exactly. If their productivity fantasies are real, the precarious (and already very anti-worker) balance between capital and labor immediately disintegrates. Serious solutions to this would look like nationalizing tech companies, mandating shorter work weeks, seizing the assets of the oligarchs and redistributing them. Not... letting the invisible hand of the market sort it all out. |
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| ▲ | WalterBright 2 hours ago | parent | next [-] | | The industries with the highest costs - health care, housing, education - are the industries most heavily interfered with by the government. The industry with an absence of government interference, software, has seen prices drop to zero. | |
| ▲ | boogieknite 4 hours ago | parent | prev | next [-] | | youre comment is getting to the real economic future: nursing unions will not sit back and let this happen. if the "productivity fantasies" (well said) are real this will get ugly. the competent nurses where i live are in strong unions | |
| ▲ | bigbuppo 4 hours ago | parent | prev [-] | | Invisible hands are the tool of pickpockets. |
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| ▲ | simianwords 10 hours ago | parent | prev | next [-] |
| > This feels economically naïve.. not really. almost all technological processes have increased the quality of the service. |
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| ▲ | JacobiX 10 hours ago | parent | next [-] | | Air travel is a good counterexample here: technology made airlines far more productive, but much of the gain went into lower staffing, higher throughput, and cost cutting not a better passenger experience | | |
| ▲ | triceratops 10 hours ago | parent | next [-] | | To be fair it is a better passenger experience at that price point. | | |
| ▲ | bitmasher9 10 hours ago | parent [-] | | I once saw a receipt for a cross-country train ride in the late 1950s and was shocked at the price. It was significantly slower and more expensive than a similar plane ticket today. | | |
| ▲ | brailsafe 4 hours ago | parent [-] | | That tends to be true now as well for a variety of reasons. I'd be more interested in the cost then between both modes of travel. | | |
| ▲ | SoftTalker 4 hours ago | parent [-] | | Yes, in the USA Amtrak tends to be quite a bit more expensive than the equivalent trip by air. And far slower. Maybe excluding some of the east coast commuter routes. |
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| ▲ | WalterBright 2 hours ago | parent | prev | next [-] | | If you were right, the airlines would be highly profitable. They aren't. Where the gains went are lower ticket prices. | |
| ▲ | dukeyukey 9 hours ago | parent | prev [-] | | Being able to fly at all is a much better passenger experience than not having that choice in the first place. And I'll bet that flying first class today is far better than 50 years ago. | | |
| ▲ | onlypassingthru 4 hours ago | parent | next [-] | | Would that be in one of the smoking or non-smoking seats in first class? Amazing how the smoke knew where to stay back then. | |
| ▲ | NoMoreNicksLeft 9 hours ago | parent | prev [-] | | >And I'll bet that flying first class today is far better than 50 years ago. I wasn't flying first class 50 years ago, but everything I can see now leads me to believe that this isn't even slightly true. There might be a high def flatscreen in front of me in first class today, but I'm not getting more attention than someone would've gotten back then, I'm not in a less crowded airport while I'm boarding, and the security mess is more demeaning than ever. The only reason that people aren't rioting for all the changes is that no one even remembers how good it used to be. | | |
| ▲ | professoretc 5 hours ago | parent | next [-] | | If you want to know what flying first-class 50 years ago was like (and you live in southern California, and you have money to burn) you can try the Panam Experience (https://panamexperience.com/). It's a replica of a Panam 747, together with a "crew" in period-correct costumes, that tries to recreate the entire experience of flying in the 1950s. (Bearing in mind that the plane is a replica, located on a soundstage.) | | |
| ▲ | SoftTalker 4 hours ago | parent [-] | | That sounds a bit weird, the 747 didn't enter commercial service until 1970. A 1950s flight experience would have been on something with piston engines and propellors, like a DC-6 or a Super Constellation. Noisy, turbulent, and not particularly safe by modern standards. | | |
| ▲ | WalterBright 2 hours ago | parent | next [-] | | I flew in piston airliners long ago. They fly low and slow, and barf bags are supplied for a reason (low altitude means lots of turbulence). Today's airliners fly high where the air is smooth, they've gotten very good at avoiding turbulent weather, and there are automated damping systems. The barf bags are still there, but I've never seen anyone use one. The cool thing about piston airliners, though, is the the engine start. | | |
| ▲ | SoftTalker 43 minutes ago | parent [-] | | I have flown in turboprops, which start just like a jet engine. Yes I bet the startup of a big Pratt & Whitney Twin Wasp or Wright Cyclone, belching smoke and fire would have been something to see. |
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| ▲ | OroPla 2 hours ago | parent | prev [-] | | That's because the 1950s were seventy years ago, not fifty, which only brings you back to the 1970s. | | |
| ▲ | SoftTalker an hour ago | parent [-] | | Ah, I responded to "tries to recreate the entire experience of flying in the 1950s" and not the "50 years ago" yes in the 1970s it could certainly have been a 747. |
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| ▲ | leonidasrup 4 hours ago | parent | prev | next [-] | | Economy are seats getting smaller, but also modern airplanes are much fuel efficient. "Between 1950 and 2018, efficiency per passenger grew from 0.4 to 8.2 RPK per kg of CO2" https://en.wikipedia.org/wiki/Fuel_economy_in_aircraft https://www.explore.com/1762212/reason-why-plane-experience-... | |
| ▲ | triceratops 9 hours ago | parent | prev | next [-] | | > no one even remembers how good it used to be. Because not that many people even used to fly. Because it cost a lot more. | |
| ▲ | a34729t 4 hours ago | parent | prev [-] | | Well that and the people who make decisions largely don't fly peasant. Remember that the US air force is mostly executive transport. The easiest way to make conditions get better is to make sure the people in charge have to use things, be it busses, bike lanes, trains, airports, public bathrooms, parks with bums, etc. Otherwise it always hits the middle and lower class to absorb it. |
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| ▲ | buellerbueller 10 hours ago | parent | prev [-] | | True, but you ignore the financialization and enshittification that typically follows the technological advances. The tech processes you cite don't inherently make money for the people who developed the technology. |
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| ▲ | cucumber3732842 10 hours ago | parent | prev [-] |
| >great, now we can run the same operation with fewer nurses" And outside of industries with government enforced perversions of simple "supply and demand" forces (we're not talking Nth level effects here) this means more access to the service or lower prices or both. Edit: Which is to say you won't see any benefit in healthcare but you will in a ton of other industries. |
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| ▲ | psadauskas 6 hours ago | parent | next [-] | | During the industrial revolution, people thought that all these new machines and factories and electricity meant that everyone would only have to work 4 hours a week since it made everyone so much more productive. That's not what happened, though. Everyone worked the same amount for the same pay, just in more miserable repetitive working conditions, while the factory owners kept all profits from the gains in productivity. | | |
| ▲ | leonidasrup 4 hours ago | parent | next [-] | | "
The central argument of Capital is that the motivating force of capitalism is in the exploitation of labour, whose unpaid work is the ultimate source of surplus value and profit.
" https://en.wikipedia.org/wiki/Das_Kapital | | |
| ▲ | AuthAuth 2 hours ago | parent | next [-] | | Marx's labour theory of value is only a theory of where profits come from and is largely rejected. Return on captial investment is not restricted to factory owners. All workers get a share of the surplus value and have the option to increase that by investing. | | |
| ▲ | pixl97 3 minutes ago | parent [-] | | Sounds like you found a new way to write... "The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread." |
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| ▲ | WalterBright 2 hours ago | parent | prev [-] | | Old soviet joke: Under capitalism, man exploits man. Under socialism, it's the other way around! Myself, I always exploited my employers by extracting money from them. | | |
| ▲ | bitwize an hour ago | parent [-] | | I learned to hate corpo jobs less by thinking of them as "farming gold out of a megacorp". Of course I'm losing my ability to do even that, as sloppotrons beat half-century-old grognards every damn time. |
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| ▲ | WalterBright 2 hours ago | parent | prev | next [-] | | Nope. The working week reduced hours. Those factories were not producing luxury goods. They produced everyday items for the masses. Things like knives, spoons, tools, textiles, ketchup bottles, shoes, furniture, nails, bicycles, etc. Standard Oil, for example, improved efficiency and reduced the consumer price of kerosene 70%. There's no evidence of outsized profits. | |
| ▲ | d3dd 4 hours ago | parent | prev [-] | | "while the factory owners kept all profits from the gains in productivity." Because this is what drives continual risk-capital.. very few countries are willing to upset this. Get over it man - I hate hardended capitalists but stop crying. This is the system we have. Wanna beat it? Go ahead and start a firm. Then you'll find out how tough it is. The thing I cant get over is enough software engineering folks collectively hold immense power. Whats wrong with you lot (im not a software engineer)? Get your sht together. P.s. Im starting a firm who's central mission is to attack capitalists (ofc I won't say it out loud in that way). I will find out for myself how much of a backbone software engineers etc have when I employ them. | | |
| ▲ | WalterBright 2 hours ago | parent [-] | | > I will find out for myself how much of a backbone software engineers etc have when I employ them. You're in for a rude awakening. |
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| ▲ | lbreakjai 10 hours ago | parent | prev | next [-] | | In a market with perfect competition, perhaps. Healthcare is far closer to a monopoly. Since people can't decide not to be sick, it means you can pocket the cost-saving. | | |
| ▲ | dgellow 10 hours ago | parent | next [-] | | Healthcare is indeed the poster child for inelastic demand | | |
| ▲ | WalterBright 2 hours ago | parent [-] | | Not true. For every medical condition, there are a very large number of treatment options, with a wide variety of efficacy, pain, and cost. For example, I bet you could enumerate plenty of weight loss options off the top of your head. |
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| ▲ | cucumber3732842 9 hours ago | parent | prev [-] | | >it means you can pocket the cost-saving Right up until a competing hospital that charges substantially less for "close enough it doesn't matter" quality of service opens up in the same area? Or right up until an equivalent specialist sets up shop in the strip mall across the street from you, brings the GP in house and can see people in one visit. Oh, those things don't happen you say? From do-gooders regulating right into the hands of waiting industry lobbyists to inelastic demand healthcare is an absolute poster child for perversion of the free market. High finance will put solar panels on your roof and structure it so you pay nothing. The degree to which administrative overhead is washed away by technology would have been unfathomable in 1990. A sketchy concrete crew that doesn't even speak english will show up wearing matching company attire and execute a job planned and timed to a degree of precision that was reserved for huge corporations 40yr ago. Yet healthcare has resisted all of the advances of the past 40yr. In fact we pay more for it. Every advancement is absorbed by the system. Why is that? | | |
| ▲ | slopinthebag 4 hours ago | parent [-] | | healthcare is one of the most highly regulated and state-controlled industries on the planet. surely that has nothing to do with it though. must be those damn capitalists! |
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| ▲ | jplusequalt 8 hours ago | parent | prev [-] | | >And outside of industries with government enforced perversions of simple "supply and demand" forces (we're not talking Nth level effects here) this means more access to the service or lower prices or both. Greater access at the expense of the number of people employed is not necessarily a net positive. In the case of healthcare, the data is fairly clear that higher nurse staffing ratios lead to better patient outcomes (read: decreased chance of death or serious complications). This is particularly true for ED and ICU nurses. Also, in the case of healthcare, I'm fairly certain that hospitals in the US are legally not allowed to turn patients away. So "lack of access" is not currently a problem for serious medical emergencies. |
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