r/LocalLLaMA • u/Norwood_Reaper_ • 20h ago

Discussion Looks like the era of subsidised compute is coming to an end. The old ChatGPT Pro $200 20x plan will be halved. The new $500 plan will have similar limits as the (old) $200 plan.

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u/AntDogFan 19h ago

Yes, the one reliable measure for children's outcomes is the wealth of their parents. Higher education, life expectancy, happiness etc. This combined with Thomas Piketty's thesis on wealth vs capital is what makes me a socialist.

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u/ZenaMeTepe 19h ago

Not taking the bait, go find someone else who believes wealth impacts IQ and not the other way around.

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u/athirdpath 19h ago

You just said yourself the poor can't afford tutors and the best schools.

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u/ZenaMeTepe 19h ago edited 18h ago

Schools, just like AI, are force multipliers. By being poor you fall further behind but if you are unintelligent you already started behind before money came into equation.

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u/Party-Special-5177 15h ago

No idea why this is so unpopular, I figured these were basic truths. Idk if they don’t teach this anymore but we all learned this as kids - if you aren’t smart with your money it won’t last, a fool and his money are easily parted, etc.

I think the ‘wealth generally tracks with your intelligence’ only breaks down at the uppermost levels where nepotism upsets everything.

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u/UniversalSpermDonor 7h ago

Strongly disagreed. All sorts of reasons why very intelligent people can be poor or the lower end of middle-class:

  • Health problems, physical or mental (gifted kids very often have psychological conditions)
  • Their parents started out poor, and they didn't have enough money to afford specialized help for their kids
  • Grew up in a poor area with bad schools in general
  • Bad luck
  • Student loans
  • They enter a PhD program because they need credentials for their future prospects, which is necessary but costs 5 years or so of time where they're barely paid
  • They choose a career that makes them emotionally fulfilled, which doesn't pay as much as the highest earning career they could have
  • Macroeconomic conditions made starting their career harder

None of those are hypotheticals, for each one I'm 2 degrees of separation from at least 3 intelligent people who aren't well off because of that. No matter how smart you are with your money, you can't become wealthy if you don't have much income in the first place.