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Personally I see there being a whiplash effect in the US workforce where after the crash (stock market, egregious wealth gap, cost of living in food/medical bas
by 6stringmerc 2y ago
Personally I see there being a whiplash effect in the US workforce where after the crash (stock market, egregious wealth gap, cost of living in food/medical basics) the nation will return to a “local minded” situation where jobs will become lower efficiency, higher headcount, akin to the CCC’s “make work” type programs. The efficiency of AI in replacing humans is evident in many menial tasks…but the consumer driven economy of the US is showing real signs of pending disaster. Unemployment isn’t low, the numbers are troubling when seen in real terms.
To put it another way, cutting people who stopped looking as “not unemployed” is as ridiculous as excluding the price of milk or eggs from real inflation / COL metrics. The fudging of numbers simply cannot last forever.
So while AI will absolutely be a boon in the short term, in the long run, and how it all come apart could be very disturbing circa 1793 France, the human element will rebound. Will we see self-checkout at grocery stores taken away for humans once again? Will there be work from home operators instead of AI call routing? It’s hard to imagine just what a collapse of the high point of human productivity (and general repression of lower economic classes through insurance and wage stagnation tracing back decades) but it is a cyclical historical framework.
In short, whatever it is, it’s going to be pretty ugly and potentially break apart the US Federal structure because the rifts are beyond closing. AI is simply the gasoline on the fire. True fear and loathing my friends…