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Chrkeller said:
CaptainExplosion said:

Then how do they expect us to have income when all the jobs are being taken by AI?

Same way people still had jobs after the industrial revolution.  Same way people had jobs after robotics.  Same way people had jobs after the internet.  The world adjusts.  

I'm a little skeptical that this is a change that can be adjusted too properly, not to mention the adjustment to the industrial revolution was far from painless, the loss of just 10's of millions of jobs worldwide during that period led to mass migrations and famines, and some families simply wasted away before new liveable wage employment could be found, other families were forced to send their children into dangerous industrial jobs just to make ends meet.

We have seen estimates that huge percentages of the workforce will be severely impacted by AI and automation in the coming decades, starting with estimates as high as 30% of jobs over the next 15 years or so being significantly impacted by AI automation (25% of work hours and therefore paid hours removed by AI, plus 6-7% of the workforce displaced), culminating in estimates as high as 70% of jobs heavily impacted by 50 years from now. How does a planet recover from a couple billion people losing their jobs and many more losing a good chunk of their paid work hours to AI, with inflation already the way it is? There are only but so many new jobs that AI can create in fields like software design, computer hardware fabrication, programming, mechanical maintenance (for automated factory line machines and such), electrical grid expanse and maintenance, new fuel jobs to power that expanded electrical grid capacity, etc., nowhere near enough to counter billions worldwide unable to find work. Worse, many of the jobs that can be replaced, and are already seeing some replacement, are menial labor jobs, jobs often worked by lower IQ individuals or those with learning disabilities, you can't just train people like that to be efficiently capable of higher learning jobs, no matter how much money you funnel into continuing education programs for AI misplaced workers, some of them just aren't capable of much more than they are doing now. 

Last edited by shikamaru317 - 2 days ago