>1) That is the only conclusion that can be gleaned from the past century of data. Projections as to the effect of an "exponential explosion in AI/ML" have no d

>1) That is the only conclusion that can be gleaned from the past century of data. Projections as to the effect of an "exponential explosion in AI/ML" have no data to support it. I think a more useful way to think about the problem of automation isn't that it replaces jobs directly, it's that it devalues human capital. New jobs will involve more skill, which means each person will need more education and training. It might get to the point where training everyone so they can work for a living is less efficient than just taxing and paying for some people's sustenance directly.