Maybe this is alarmist, but I don't see how LLMs don't collapse our entire economic system over the next decade or so. This is coming for all of us, not just the NLP experts in big company research groups. Being able to cheaply/instantly perform virtually any task is great until you realize there is now nobody left to buy your product or service because the entire middle class has been put out of work by LLMs. And th…
The owner class gets enlightened and makes sure that the govt taxes them and implements a solid Universal Basic Income This is part of what the original UBI concept was about. If this doesn't happen, yes, there will likely be violence until it is fixed. The other view is that many technologies that were supposed to reduce work actually net added work, because now more sophisticated tasks could be done by the humans,…
But where will they make their billions from if everyone will be living on a basic income? Less money for them will mean less tax money, and less UBI. It will spiral out of control into complete societal collapse if AI doesn't hit a plateau soon.