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One study said happiness peaked at $75,000 in income. Now, economists say it's higher — by a lot.
It turns out that money can buy happiness for most people — although some may remain miserable no matter what.www.cbsnews.com
Money can and does buy happiness, but it just caps out well before billionaire status.
So you arguments are...That study is unique to employed people in the USA. It is hardly representative of the global population. They only sampled 33,000 working people in the US. Further when they sampled people making more money in a follow on study they found the number rose. Key to this is they asked people how satisfied they were, which is hardly an objective measure of happiness.
Imagine that! Poor people got a greater increase in happiness due to having more money and luxuries than the middle class and wealthy. It's almost as if money does indeed buy happinessGlobal studies found that wealth is correlated to increased happiness among the poorest specifically:
No. Even in the USA you generally stop "struggling" when you hit 75k(before really) income, so the 200k-500k level means that more luxuries on top of basic needs = happiness.The main idea is that among those who are struggling to meet their basic needs, more money means greater access to basic goods (e.g. drinking water, food, shelter). In contrast, it is believed that once the basic needs are met, more money does not necessarily help increase one’s happiness
This is orthogonal to the main topic of the thread, but declining marginal utility of income is a real thing. Going from a hovel to a studio apartment with running water, Wi-Fi, and A/C really does make you significantly happier, moving from that studio to a mansion in a fancy suburb makes a bit happier than that, and by the time you’re buying your second jet it’s meaningless.that is a strawman, a billionaire will never be in a position to make that choice.
The point is this - people don't "need" anything beyond survival needs and data indicates that more wealth does not bring more happiness. That billionaire is not happier because she has a different choice on luxury.
Your argument is that at some point it is enough, but that is a fundamentally flawed argument and billionaires feel a "need" more money for the things they want to the same degree that the poor or working class feel a "need" for additional things they want.
At the end of the day there is no "need" for a second jet and no "need" for electricity and neither of those things will make you happier just because you have them.
I think we havr different ideas of what basic survival is. Bare survival to me means, you have a roof over your head -no walls though- you get a dry spot to sleep - but you need to choose quality or quantity, though you might get neither, just enough so that you don't drop dead-, one set of clothes -though no shoes-, you get to eat once every other day -you can have some high sugar soda though, just so you get enough calories to keep moving-, you own nothing that brings you joy if you have anything to your name, it will be a tool for work. That is what basic survival means to me.No you don't, and billions of people worldwide show that to be a false statement.
OK. Now, if instead of going to a live musician I (somehow) convince an AI music generator to play my song idea, does - or should - it matter?The songwriter (you) gets credit for the song, the musician gets credit for the performance. Songwriters tend to earn more than musicians.
I think the other way around is more likely. Celebrities will take a while to replace with AI. Song writers are easier. I suspect in the next few years there will start being controversies around pop stars singing AI generated songs that were trained on songs written by human song writers without their consent. Or a major video game company using AI generated music instead of paying artists to make a soundtrack for the game.OK. Now, if instead of going to a live musician I (somehow) convince an AI music generator to play my song idea, does - or should - it matter?
I think the other way around is more likely. Celebrities will take a while to replace with AI. Song writers are easier. I suspect in the next few years there will start being controversies around pop stars singing AI generated songs that were trained on songs written by human song writers without their consent. Or a major video game company using AI generated music instead of paying artists to make a soundtrack for the game.
And that will be a problem. That does matter. Companies will try to replace creativity with bland, automated "art".
I mean...have you listened to most popular music? Watched most sitcoms? Read a lot of popular novels? Bland, automated art is extremely popular.I think the other way around is more likely. Celebrities will take a while to replace with AI. Song writers are easier. I suspect in the next few years there will start being controversies around pop stars singing AI generated songs that were trained on songs written by human song writers without their consent. Or a major video game company using AI generated music instead of paying artists to make a soundtrack for the game.
And that will be a problem. That does matter. Companies will try to replace creativity with bland, automated "art".

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.