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AI is an abundance-generating technology. The proper way to understand it is that it makes everyone more productive, letting each person consume more goods/serv
by ETH_start 2y ago
AI is an abundance-generating technology. The proper way to understand it is that it makes everyone more productive, letting each person consume more goods/services with less work.
- RealityVoid 2y agoAmen! There will probably be people that will have their jobs displaced though, and some adjustments will take place. We do know that change is sometimes painful. But overall, I agree with your sentiment. I feel a lot of people are stuck in a sort of "broken window fallacy" where if you induce more work you induce more wealth, and that feels false to me.