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Good question. My hunch is most functioning governments will step in and create these jobs - because they are badly needed. .Even now at least half of economic
by weatherlite 2y ago
Good question. My hunch is most functioning governments will step in and create these jobs - because they are badly needed. .Even now at least half of economic activity is government created in many developed countries - so it will be more like 80%.
But I have no crystal ball, I'm just speculating.
- piva00 2y agoFor that to happen we would need a paradigm shift on the main ideology behind most functioning governments: neoliberalism. It's not in the current sociopolitical/economical zeitgeist for governments to step in and create jobs, since the 80s we've moved towards privatisation, even very socially oriented governments like Western/Northern Europe are in it. To undo this flow into the other direction will take another generation or two of people under a new ideology voting for it. We've been fed neoliberal policies for way too long, the contemporary Western world has been molded in it, I don't believe such a huge shift will happen fast enough if AI does actually develop that fast to replace jobs. We will live through a limbo of pain until newer generations fight against it, usually that only happens when our collective pain is way above the uncomfortable threshold. > Even now at least half of economic activity is government created in many developed countries I wasn't aware of this fact, where could I find statistics about it (if you have sources easily, if not I can do my own research).
- weatherlite 2y agoAs far as I know its called government expenditure as share of gdp https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/SWE/ESP/ITA/ZAF/IND https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/... Look at countries like France, quite crazy.