Hot take: I think there’s not a great deal to fear even for most common people. Technological innovation has always stolen away jobs from somewhere, but the large majority of people are still finding work despite the human population exploding drastically over the last century as that happened.
Because realistically, if only a few people are working and earning money, then there’s no one consuming to feed the shareholders’ desire for unsustainable infinite growth every quarter. It would hurt the economy as much as it does the people in it, and that’s the one thing that regulators actually care about.
phillaholic@lemm.ee 7 months ago
A lot of it is how fast AI can wipe out industries. Most technological breakthroughs took time, something like this could literally be overnight. We need time to adapt.
azertyfun@sh.itjust.works 7 months ago
Probably half of all office jobs out there could be replaced by a few hundred lines of javascript or python operated by one person replacing a team of 20. I had to write my email address on a paper form today. Paper. And it’s been what, half a century since technology at least an order of magnitude more efficient has become accessible to companies?
Technological breakthroughs can happen at breakneck pace, but industries WILL take decades to fully adapt, because the inertia of old capital can drive established but inefficient processes for a very long time until capital dries out, while on the other hand there are only so many startups popping up every year to leverage new efficiencies (and even fewer successful ones, not least of which because VC spending is aimed at buzzword-laden bullshit rather than anything actually meaningful… crypto-metaverses ain’t putting anyone out of a job any time soon).