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woopah 5 hours ago

Definitely agree with this! Given the pace of technological development, we should basically expect entire groups of people to constantly drop out of the competitive labor market. Don't get me wrong, new jobs will be created as well, but it's also very possible many people will also not be able to reskill into those new roles without some sort of structural support. People have faith that technology will create new markets and roles, and while that's historically been true, I think people also tend to forget that this happens in aggregate, and that someone's personal career trajectory can be largely luck dependent. You may happen to find the role of the future or you might get stuck with depreciating skills, hard to say which unless you can predict the future!

I think we've largely been able to avoid large scale disruption in society for the past several decades because the groups losing their careers were small enough, but we can see negative effects in things like health data. I think Deaths of Despair by Deaton and Case does a pretty good job at talking about this. However, AI now threatens a much more visible work segment, the upper middle class, so I do agree that now is a very interesting time to see what happens.