If AI produces surplus where does it go? Not talking about investment backed datacenter buildout and AI labs. Talking about the results of AI work... I think AI outcomes distribute to contexts where it is used, and produce a change in how we work, what work we take on. Competition takes care of taking those surpluses and investing them in new structure, which becomes load bearing and we can't do without it anymore. I…
If AI being a million billion zillion times more productive at doing bullshit jobs nets in very little economic gain, then that lays bare the net economic value of all our bullshit jobs. But given that the stock market hasn't panicked, this must mean at least one of these premises is false: 1. Economic activity is relatively flat. 2. AI makes us a million billion zillion times more productive than we used to be. 3. T…
This was already obvious, the more important question is what are we (collectively, society & our governments) going to do about it?
We (should have) already known most of our jobs were bullshit jobs, especially white collar jobs. The difference is now we might have something coming that will eliminate the bullshit jobs.
But society will always need bullshit jobs or the whole system collapses. Not everyone can go dig ditches, so what do we do?