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The benefit of AI is it will make workers more efficient and free up workers and thus businesses to focus on additional projects and problems, create new tools,
by bern4444 3y ago
The benefit of AI is it will make workers more efficient and free up workers and thus businesses to focus on additional projects and problems, create new tools, grow, etc.
One real issue I hope we resolve is to then see workers benefit from their increased efficiency in regards to their compensation.
Pay has not kept pace with increased workers efficiency historically. The efficiency gains technology produces tend to go to the top (C Suite and shareholders). While I, like many, am a shareholder of many companies (so I do benefit as equity markets go up) - the vast majority of Americans own very little if any equity in any equities and this is what leads to absurd wealth disparity.
It'd be nice if this time were different and we could create a system that avoids all the extra cash this generates from being funneled up like regulatory capture - I suspect it won't be.