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The economic theory answer is that people simply switch to jobs that are not yet replaceable by AI. Doctors, nurses, electricians, construction workers, police
by RivieraKid 2y ago
The economic theory answer is that people simply switch to jobs that are not yet replaceable by AI. Doctors, nurses, electricians, construction workers, police officers, etc. People in aggregate will produce more, consume more and work less.
- achierius 2y ago> Doctors Many replaceable > Police officers Many replaceable (desk officers)
- salawat 2y ago>Doctors capped per year by law. >Trades people only work after having something to do. If you don't have sufficient demand for builders, electricians, plumbers, etc... No one can afford to become one. Nevermind the fact that not everyone should be any of those things. Economics fails when the loop fails to close.