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Silicon Valley sees AI as the solution – for everyone else

observer.co.uk

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Re: Silicon Valley sees AI as the solution – for everyone else

#7

I don't find the argument that advanced AI will leave 20% of society permanently unemployed particularly compelling

There are places where 20% of society (or more) are unemployed. They're not nice places. They're run by gangs or warlords. They're the kind of place where teenagers sit on steps and just wait for the wrong person to walk past them.

Re: Silicon Valley sees AI as the solution – for everyone else

#10
I don't find the "AI will cause mass unemployment" argument compelling, in fact I see the opposite as being true.

The reason we are talking so much about that now is that at the current level of productivity, we just don't need as many humans to do the work, as companies can use AI as leverage to not hire as many people.

This i feel will be a short lived period where not everyone has adopted AI to the fullest and thus simply having AI gives you leverage to not hire as many people and still stay competitive. The same thing happened with computers writ large, during the early days the folks that used computers had massive leverage over those that did not.

But what happens in 5-10 years once most orgs standardize on that leverage and everyone has it. All of a sudden that advantage AI gave you over others evaporates and you're right back to how things have always been, that is more humans give you more leverage.

I think once AI is broadly adopted and standardized, there will be an insane boom period for workers.

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