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In the short term this is not something to fear, but in the long term it is. There is a qualitative difference between Turing-complete and non-Turing-complete a
by api 11y ago
In the short term this is not something to fear, but in the long term it is. There is a qualitative difference between Turing-complete and non-Turing-complete automation.
Imagine what the great Chinese outsourcing wave has done to the West's labor market, but without the normal economics of labor factoring into it. As more and more has been outsourced to China, Chinese wages have risen. That would not happen with automation. Instead you'd have the hyper-deflationary economics of high tech, with "wages" effectively dropping geometrically with volume.
In the end we will face two choices:
(1) Abandon the puritan work ethic and its liberal forms such as the labor theory of value.
(2) Create a future that looks like "The Hunger Games."
- Lawtonfogle 11y ago>Abandon the puritan work ethic and its liberal forms such as the labor theory of value. Even if we abandon it in the financial sense, there is it's currently unnamed cousin that applies to more personal human interactions that might not be left behind (unless we get androids that are able to meet all human needs, including those related to socialization and touch).
- kaonashi 11y agoIn the Hunger Games, the people of the Capitol actually needed the people in the districts.