>Such could be the future of the economy in general if artificial intelligence substitutes for human labor in more and more occupations. The unemployed masses could come to depend on the charity of billionaires and trillionaires who own the means of intellectual production.
>Which of those A.I. futures will be realized was a big topic at the San Francisco conference, which was the annual meeting of the American Economic Association, the American Finance Association and 65 smaller groups in the Allied Social Science Associations.
I work deploying AI solutions. The answer is empower us first and gradually replace us as it improves. New jobs will be created yes, but I’m afraid new ones will not grow at a high enough pace to cover the looming replacement.
KidKilobyte on
No one knows what will happen. We will be like ants among giants. Maybe the giants will avoid stepping on us, and maybe they won’t. Maybe they will up and leave earth, maybe they’ll restore the environment, maybe they will merge with us, maybe it will all end in a grey goo.
4shitzngigelz on
Artificial Intelligence has already replaced the US.
Hairy-Wolverine-6051 on
Clickbait. Some replacing; more creating; tons of empowering.
Otherwise-Sun2486 on
Can’t Empower us if it is mainly controlled by the rich. Will be used to exploit us better imo.
Hausgod29 on
Why can’t it do both? We will see the end of labor and the beginning of an equal Era of peace and opportunity.
ingenix1 on
It really depends how we decide to structure our society in the future. In our current capitalist system humans are only valuable if they can provide monetary value for the oligarchs, once that goes away they’ll leave you to die.
Dismal_Moment_5745 on
Simple: AI will replace the working class and empower the wealthy. This is because once it makes the working class’s labor worthless, the only way to produce wealth will be through owning land or capital, and the owners of the land and capital will no longer need to pay humans for labor.
dasdas90 on
There are two ways this could go IF AI is able to replace workers.
1. Governments will reduce the work week to compensate for the productivity gains
2. Governments will do nothing (most likely scenario) and rich will get richer for a while, until people take it to the streets and there’s an actual war
There’s no question AI even in its current state makes people productive. I work in tech and while it cannot completely do my job yet, it certainly can do 50 percent of the work in a matter of seconds which will usually take a couple hours. For complex tasks and making everything work together, it’s certainly not at an advanced level.
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From the article
>Such could be the future of the economy in general if artificial intelligence substitutes for human labor in more and more occupations. The unemployed masses could come to depend on the charity of billionaires and trillionaires who own the means of intellectual production.
>But A.I. could also be designed to empower people rather than replace them, as [I wrote a year ago](https://www.nytimes.com/2024/01/24/opinion/artificial-intelligence-ai-work-jobs.html) in a newsletter about the M.I.T. Shaping the Future of Work Initiative.
>Which of those A.I. futures will be realized was a big topic at the San Francisco conference, which was the annual meeting of the American Economic Association, the American Finance Association and 65 smaller groups in the Allied Social Science Associations.
>Erik Brynjolfsson of Stanford was one of the busiest economists at the conference, dashing from one panel to another to talk about his hopes for a human-centric A.I. and his warnings about what he [has called](https://digitaleconomy.stanford.edu/news/the-turing-trap-the-promise-peril-of-human-like-artificial-intelligence/) the “Turing Trap.”
I work deploying AI solutions. The answer is empower us first and gradually replace us as it improves. New jobs will be created yes, but I’m afraid new ones will not grow at a high enough pace to cover the looming replacement.
No one knows what will happen. We will be like ants among giants. Maybe the giants will avoid stepping on us, and maybe they won’t. Maybe they will up and leave earth, maybe they’ll restore the environment, maybe they will merge with us, maybe it will all end in a grey goo.
Artificial Intelligence has already replaced the US.
Clickbait. Some replacing; more creating; tons of empowering.
Can’t Empower us if it is mainly controlled by the rich. Will be used to exploit us better imo.
Why can’t it do both? We will see the end of labor and the beginning of an equal Era of peace and opportunity.
It really depends how we decide to structure our society in the future. In our current capitalist system humans are only valuable if they can provide monetary value for the oligarchs, once that goes away they’ll leave you to die.
Simple: AI will replace the working class and empower the wealthy. This is because once it makes the working class’s labor worthless, the only way to produce wealth will be through owning land or capital, and the owners of the land and capital will no longer need to pay humans for labor.
There are two ways this could go IF AI is able to replace workers.
1. Governments will reduce the work week to compensate for the productivity gains
2. Governments will do nothing (most likely scenario) and rich will get richer for a while, until people take it to the streets and there’s an actual war
There’s no question AI even in its current state makes people productive. I work in tech and while it cannot completely do my job yet, it certainly can do 50 percent of the work in a matter of seconds which will usually take a couple hours. For complex tasks and making everything work together, it’s certainly not at an advanced level.