I don't think its entirely class. I've met many people who have convinced themselves they have some special sauce--even in software! And even those who are insulated like doctors and plumbers don't realize they're still at risk from second order effects. What happens when half of their customers are broke? That possibility is not an exaggeration. Even if everyone re-skills over night, people will default on their mortgages at a scale greater than the '08 financial crisis.

And that's just one devastating outcome. There will be far more, and for some reason, no one is talking about them.

Perhaps the feeling is that in a competitive society (which most of us live in) as long as things aren't collapsing I don't see why a plumber/doctor should care if a bunch of lawyers and software devs will be out of a job. They will become relatively wealthier even if their income is taking a hit. Their purchasing power should rise if most of white collar work is collapsing.

Even if you are a plumber and we don’t automate plumbing, you’ll have half the population displaced and switching to plumbing. Everything that isn’t automated will be over saturated.

Agree on the knock-on effects. My prediction is deflation. Money will be worth more and more. As a consequence governments will have to step in to ensure inflation(with e.g. universal income), otherwise the economy stops.

But honestly I'm not sure this will be enough for people to spend on e.g. restaurants or activities or oh I don't know, children. I think this will imply a freezing or even stepping back on the Maslow pyramid, the majority of people consolidating in the middle.

What I'm mostly concerned about is not even economic, it's psychological. With nothing to do, people will not have purpose, and bored people are a gunpowder keg.

So I am expecting the AI bubble to burst (or at least deflate) some time soon. Perhaps this puts me I an specific camp, I am not sure. But this whole "AI will replace X jobs" does not phase me, not because I think AI is useless. On the contrary I am a daily user, but in my mind, people fail to see that the economy is not built around jobs and capital, but wants (or needs) and trades. Even in a world where everything can be done better by a machine than a human, there will always be the "want" for an item that is handcrafted. AI is yet another tool that accelerates us to satisfy more "wants" and that's great. I'm looking at a whole lot of things that will be available in the future (especially software but not limited to) which are not available today, AI generated or not.