6 ms·
what if history is not always a good predictor of the future? So what if AI will indeed increase profitability while also net reducing the number of jobs? Who
by gls2ro 4y ago
what if history is not always a good predictor of the future?
So what if AI will indeed increase profitability while also net reducing the number of jobs?
Who will buy those high margin products?
Imagine you could build with AI a new Amazon. It will take one person: you and then everything else is AI and AI robots. 90% margin on everything. a business running 24/7/365 every second, no need for rest.
But then suddenly you have 1.5 million people without any job or income. So your market will be reduced by at least that.
now imagine that just like you another rich capitalist builds a new Amazon to compete. the ssme process one person all AI down.
how do you imagine this market? Profit will be a meaningless word.
I think if AGI becomes reality only the first ones having it will profit. Then society as we know it will collapse (for better or worse) and we will need to find a new way to organize economical and political.