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>> And lastly the one I think is most likely C: AI automates all this knowledge work for the benefit of company owners and we end up either accepting it as a gr
by tivert 3y ago
>> And lastly the one I think is most likely C: AI automates all this knowledge work for the benefit of company owners and we end up either accepting it as a group and falling back to pre industrial serf like social structures or every rises up in a social revolution.
> My counter-argument to C: (I almost typed C:\> there, sorry) is that money in tech, in the end, still comes from people. Even if your business is using AI to optimise ad targeting, those ads still get paid for because the advertisers expect humans to hand over money at some point to buy products or play games or something.
I think the real risk of C is that the economy changes to something radically different, where everything is capital and labor is (basically) no longer required. The whole B2C economy just withers and dies, and is replaced by an economy centered on elite fantasy fulfillment (e.g. Elon Musks monopolizing resources to build mega-projects for themselves, perhaps with a smallish community of human pets kept as an audience).
There wouldn't be any serfs, because serfs had economic value to the medieval elites. But there may be a population of marginal people scraping by squatting and subsistence farming at the margins, hoping a mega-project doesn't displace them.