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I don't see why it matters. In the end, there won't be massive job loss to automation. Automation right now can eliminate most farm laborers. So why are there
by abusoufiyan 9y ago
I don't see why it matters. In the end, there won't be massive job loss to automation.
Automation right now can eliminate most farm laborers. So why are there still so many farm laborers in the world? Because
a) human wages in most of the world are cheaper than expensive machinery
b) There isn't a profit motive to automate away jobs that pay so little
c) structure of society is such that many technologies take decades upon decades to trickle out to most people in the world (talking the whole world here, not just Euromerica).
In addition, the service economy won't be automated away for a long time because human contact is valued by lots of people in that field. Service economy scales with the purchasing power of communities and AI is going to create a consolidation of purchasing power wherever it is introduced.