I disagree, you have to take yourself back to when electricity was not widely available. How much labor did electricity eliminate? A LOT I imagine.
AI will make a lot of things obsolete but I think that is just the inherent nature of such a disruptive technology.
It makes labor cost way lower for many things. But how the economy reorganizes itself around it seems unclear but I don’t really share this fear of the world imploding. How could cheap labor be bad?
Robotics for physical labor lag way behind e.g. coding but only because we haven’t mastered how to figure out the data flywheel and/or transfer knowledge sufficiently and efficiently (though people are trying).
>How much labor did electricity eliminate? A LOT I imagine.
90% or even 99.9% are in an entirely separate category from 100%. If a person can do 1000x labor per time and you have a use for the extra 999x labor, they and you can both benefit from the massive productivity gains. If that person can be replaced by as many robots and AIs as you like, you no longer have any use for them.
Our economy runs on the fact that we all have value to contribute and needs to fill; we exchange that value for money and then exchange that money for survival necessities plus extra comforts. If we no longer have any value versus a machine, we no longer have a method to attain food and shelter other than already having capital. Capitalism cannot exist under these conditions. And you can't get the AGI manager or AGI repairman job to account for it- the AGI is a better fit for these jobs too.
The only jobs that can exist under those conditions are government mandated. So we either run a jobs program for everybody or we provide a UBI and nobody works. Electricity didn't change anything so fundamental.
AI will make a lot of things obsolete but I think that is just the inherent nature of such a disruptive technology.
It makes labor cost way lower for many things. But how the economy reorganizes itself around it seems unclear but I don’t really share this fear of the world imploding. How could cheap labor be bad?
Robotics for physical labor lag way behind e.g. coding but only because we haven’t mastered how to figure out the data flywheel and/or transfer knowledge sufficiently and efficiently (though people are trying).