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Yeah also considering the article on Ars today about people testing whether ChatGPT poses no harm. I think singularity is coming but much differently than antic
by blablabla123 4y ago
Yeah also considering the article on Ars today about people testing whether ChatGPT poses no harm. I think singularity is coming but much differently than anticipated. So yes, the economy will have to change massively and less work hours are needed. (And the concepts are there: Negative Income tax, Universal basic income...) The change will be more graceful the less everybody is in denial.
As mentioned elsewhere this is not the first technological disruption in the economy. The change from heavy industry to a service industry didn't go well, hopefully it's possible to take learnings from this and do it right this time.
- ignoramous 4y agoWhat does "doing it right this time" entail? How does it look like?
- blablabla123 4y agoI'm not completely sure but considering how the coal industry went slowly out-of-business with subsidiaries going on for decades - at least that's how it was in Germany - this doesn't seem the way to go. At least I'm more than surprised that companies and the state were looking into early pensions instead of options to start from 0 at a new job. For other legacy industries like the German ICE car industry it was at times a close call, so that's when the 35 hour week became widely adopted during the 90s. Even today it is still an option for new people joining (working on non-legacy products of course).