that was because the economy was controlled/corrupt and not allowed to flourish (and create job-creating technologies like the internet and AI).

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monknomo 4 days ago | parent [-]

I'm puzzled how AI is supposed to be a job creating technology. It is supposed to either wholesale replace jobs, or make workers so efficient that fewer of them are required. This is supposed to make digital and intellectually produced goods cheaper (although, given reproduction is free, the goods themselves are already pretty cheap).

To me it looks like we'll see well paying jobs decrease, digital services get cheaper, food+housing stay the same, and presumably as displaced workers do what they need to do physical service jobs will get more crowded and pay worse, so physical services will get cheaper. It is unclear whether there will be a net benefit to society.

Where do the jobs come from?

	▲	marstall 4 days ago \| parent [-]
		in the long term: simply that from the spinning jenny on, the history of automation is the history of exponentially expanding the workforce and population. when products are cheaper, demand increases, new populations enter the market and create demand for a higher class of goods and services - which sustains/grows employment. in the short term: there is a hiring boom within the AI and related industries.