▲ | csomar 2 days ago | |
Think about it this way: You have a middle-man between the producer (builder, ie: home builder) and buyer (ie: someone who wants to buy the house). Now this middle-man might be providing a "real service" (or not, ie: capture) and now he is replaced by AI or a combination of. There is no real "loss" here. The transaction between the buyer and the seller still happens. The middle-man has to figure out a different way to earn a living by providing a different service that AI can't provide. There will always be a buyer and a seller if the product is something you want to buy. Most of the economy is made up by middle-man trying to offer a "service" or capture value in-between. Getting rid of them is not going to "collapse" the economy. Some people will be displaced but I am not sure why the value producers or acquirers will really care. | ||
▲ | mooreds a day ago | parent [-] | |
This book changed the way I thought about middlemen. https://link.springer.com/book/10.1007/978-1-137-53020-2 Long story short, there are a number of different ways middlemen provide value: - bringing people together - acting as quality control - holding parties to a higher standard in a way that both can stomach and a few others. Well worth a read. |