Remix.run Logo
000ooo000 5 days ago

What this delusion seems to turn a blind eye to is that a good chunk of the population is already in those roles; what happens when the supply of those roles far exceeds the demand, in a relatively short time? Carpenters suddenly abundant, carpenter wages drop, carpenters struggling to live, carpenters forced to tighten spending, carpenters decide children aren't affordable.. now extrapolate that across all of the impacted roles and industries. No doubt someone is already typing "carpenters can retrain too!" OK, so they're back to entry level wages (if anything) for 5+ years? Same story. And retrain to what?

At some point an equilibrium will be reached but there is no guarantee it will be a healthy situation or a smooth ride. This optimism about AI and the rosy world that is just around the corner is incredibly naive.

simgt 5 days ago | parent | next [-]

It's naive but also ignores that automation is simply replacing human labor by capital. Capital captures more of the value, and workers get less overall. Unless we end up in some mild socialist utopia where basic needs are provided and corps are all coops, but that's not the trend.

xpe 5 days ago | parent | prev [-]

There’s no guarantee of an equilibrium!