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Under the current regime jobs can be automated away and the businesses will reap 100% of the profit unless there is a union standing in its way: AI could be use
by avgcorrection 3y ago
Under the current regime jobs can be automated away and the businesses will reap 100% of the profit unless there is a union standing in its way: AI could be used on footage of a day's work some actor and recreate their likeness forever. Paid for one day, then the derived work is owned by the business forever.
We could for example say that 90% of jobs get automated away. The benefit for the businesses are astronomical as all those jobs get turned into direct profit. Meanwhile the workers get the change to... upskill? Yeah, so they just have to “upskill” forever while the businesses get free profit because they sit on the means of automation. (Remind me how the businesses have to put in work, here? Seems like they only get the upsides while the workers get all the downsides.)
Until there is nothing to upskill into anymore because only 12% of the labor pool is needed for actual work.
The notion that workers and employers are anywhere near to being peer competitors is bizarre.