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I'm not quite sure of the impact of AI on any particular industry. Generative AI reduces costs and increases efficiency and means that I use a lot more art than
by blagie 4y ago
I'm not quite sure of the impact of AI on any particular industry. Generative AI reduces costs and increases efficiency and means that I use a lot more art than I used to.
I can develop better software systems faster too. Does this mean fewer jobs, or more / better systems get built, where the bank teller has something as smooth as an Apple consumer app?
It all depends on a bunch of economics curves I have no idea the shape of.
One concern I have is capital costs: Up to now, a lot of these industries were a pathway to socioeconomic mobility. If jobs require a $1M farm of GPUs, they will become a lot more exclusive, and move value from labor to capital.
- JohnFen 4y ago> If jobs require a $1M farm of GPUs, they will become a lot more exclusive, and move value from labor to capital. Isn't hat move going to happen regardless of how much or little the hardware costs?
- blagie 4y agoUp to this point, anyone anywhere in the world could buy a $100 notebook computer (~1/3 years' income for much of the world), take a few courses in Python or JavaScript, and find work for ~$10k. Although this impacted a small minority, it gave nearly 100% of the people in the world a pathway to socioeconomic mobility. Although only a tiny portion of people will do that, this has a disproportionate impact; many of these pathways expand exponentially once started for a whole slew of reasons. In other words, moving from mainframes to cheap PCs was democratizing. This is potentially a major reversion.