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When white collar work that can be made remote doesn't spread the wealth because AI makes it obsolete, regulation does. Wealthy countries tend to ban or limit a
by dzink 3y ago
When white collar work that can be made remote doesn't spread the wealth because AI makes it obsolete, regulation does. Wealthy countries tend to ban or limit activities at ever-smaller thresholds of risk and that gives lucrative sources of income to less-wealthy and restrictive countries. Recycling, manufacturing, training on privacy sensitive-corpses of data (healthcare data for diagnostics for example, or as we recently saw IP law attacks on Generative AI), fintech, moderation of social media content, etc. The problem with those is that over time the money becomes concentrated on a few major firms instead of spreading around.
That said, with AI, now anyone who has been doing major digital work in non-major markets has an ability to make creative or entrepreneurial projects at a blazing fast speed now. If there are consistent distribution channel inroads into wealthy markets, those entrepreneurs could make a lot. TikTok, Instagram, YouTube, SEO, you name it will get even more competitive.
- sottol 3y agoAnd in the end the big companies remain the gatekeepers and AI-providers will pull an Uber/Lyft and slowly ratchet up the price of their AI products and hire their profit-maximizing PhDs until they've squeezed every little bit of money out of the market. The net result is probably the same, concentration at the big companies. Maybe a couple people selling "shovels" and "how I made $5k with 2h of work last week" will get rich along the way though.