Oh, I absolutely agree. But currently, the people in charge of making those decisions have demonstrated moral bankruptcy and will absolutely ensure the productivity gains funnel to the top. Until that changes, AI impact on jobs will likely be devastating.
And I’m all for changing it. It’s just going to be a long and/or violent process.
Productivity gains are not across the board, and is a subject of scrutiny and debate.
But what AI really has done is basically redistributed American wealth to a smaller group of people, and therefore a smaller pool for the US politicians to focus on satisfying. If there is an AI bubble pop, what market watchers suspect is there’s actually no other American sector to mitigate what is otherwise a recession.
Oh, I absolutely agree. But currently, the people in charge of making those decisions have demonstrated moral bankruptcy and will absolutely ensure the productivity gains funnel to the top. Until that changes, AI impact on jobs will likely be devastating.
And I’m all for changing it. It’s just going to be a long and/or violent process.
Productivity gains are not across the board, and is a subject of scrutiny and debate.
But what AI really has done is basically redistributed American wealth to a smaller group of people, and therefore a smaller pool for the US politicians to focus on satisfying. If there is an AI bubble pop, what market watchers suspect is there’s actually no other American sector to mitigate what is otherwise a recession.