Earlier quoted context omitted.
> AI will be used to make things cheaper. That is, lots of job losses. must of us are up for the chop if/when competent AI agents become possible. > But those profits will not be shared. Human productivity has exploded in the last 120 years, yet we are working longer hours for less pay. Don't you have to pick one? It seems a bit disjointed to simultaneously complain that we are all losing our jobs and that we are wor…
I did not argue that cogently. At each "node" of the industrial revolution, lots of workers were displaced. (weavers, scriveners, printers, car mechanics). Those workers were highly paid because they were highly skilled. Productivity made things cheaper to make, because it removed the expensive labour required to make it. That means less well paid jobs with controlled hours. This leads to poorly paid jobs with high c…
They kinda have to. If I'm so productive at producing food that I grow enough for 2,000 people, I have to find 2,000 people to feed. Or the land sits fallow and I get nothing at all. There is a lot of wiggle room at the margins, but overall it is hard to get away with producing more stuff and warehousing it.
We'd expect to see a bunch of silly jobs where people are peeling grapes and cooling the wealthy with fronds; but the capitalists can't hoard the wealth because they can't really do anything with it.