I agree with the general observation, and I've been of this mind since 2023 (if AI really gets as good as the boosters claim, we will need a new economic system). I usually like Antirez's writing, but this post was a whole lot of...idk nothing? I don't feel like this post said anything interesting, and it was kind incoherent at moments. I think in some respects it's a function of the technology and situation we're in—the current wave of "AI" is still a lot of empty promises and underdelivery. Yes, it is getting better, and yes people are getting clever by letting LLMs use tools, but these things still aren't intelligent insofar as they do not reason. Until we achieve that, I'm not sure there's really as much to fear as everyone thinks.

We still need humans in the loop as of now. These tools are still very far from being good enough to fully autonomously manage each other and manage systems, and, arguably, because the systems we build are for humans we will always need humans to understand them to some extent. LLMs can replace labor, but they cannot replace human intent and teleology. One day maybe they will achieve intentions of their own, but that is an entirely different ballgame. The economy ultimately is a battle of intentions, resources, and ends. And the human beings will still be a part of this picture until all labor can be fully automated across the entire suite of human needs.

We should also bear in mind our own bias as "knowledge workers". Manual laborers arguably already had their analogous moment. The encoding kept on humming. There isn't anything particularly special about "white collar" work in that regard. The same thing may happen. A new industry requiring new skills might emerge in the fallout of white collar automation. Not to mention, LLMs only work in the digital realm. handicraft artisanry is still a thing and is still, appreciated, albeit in much smaller markets.