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> Do you believe that AI will offer the same productivity increases as general purpose computing, electricity or iron working? Yes, I believe it will unlock pr
by nine_zeros 2y ago
> Do you believe that AI will offer the same productivity increases as general purpose computing, electricity or iron working?
Yes, I believe it will unlock productivity at a scale done by the technologies you listed.
That said, I also believe it is incompatible with the way America is set up today.
Remember that in the era of general purpose computing, electricity and iron working, humans did not have to stick to employers for 30+ years. They could choose to not be employed and still get adequate healthcare and services.
Unfortunately, in today's America, a person is left hapless if they don't have a job. In part, due to systemic problems such as health insurance tied to employment. In part, due to prices being so high that new humans cannot reasonably survive without decent paying jobs.
With the efficiency created by AI, a large number of rich people will need to fail and lose their wealth. The prices will need to drop - this allowing new humans to take risks at lower prices. Without this, there is no productivity boost like electricity or iron works.