Explains why wages haven't kept pace with productivity gains. The more productive you are, the more time you have...to do more work. The people who benefit from this extra output at a disproportionate rate are of course the ownership class.
AI and LLMs will make this even worse. We'll be more productive than ever, but there's the question of how to prevent a regression in our social order when jobs disappear.
UBI? Who knows; there's been are headwinds against such policies and even productive discussion around what happens when productivity is multiplied even as head counts are ever dwindling.
AI and LLMs will make this even worse. We'll be more productive than ever, but there's the question of how to prevent a regression in our social order when jobs disappear.
UBI? Who knows; there's been are headwinds against such policies and even productive discussion around what happens when productivity is multiplied even as head counts are ever dwindling.