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Shareholders in the 70s made a lot of money. They'll be OK to rinse and repeat that history.
by makeitdouble 2y ago
Shareholders in the 70s made a lot of money. They'll be OK to rinse and repeat that history.
- tempodox 2y agoTrue. And the people selling shovels for the “AI” gold rush are making boatloads of money now. But it's still up to us whether we buy their customers' products.
- __MatrixMan__ 2y agoThat'll only work if somebody is willing to do the job for a lower price. The US may be in a different position the next time around.
- trashtester 2y agoSomebody, or SOMETHING. There will not be much work that cannot be done by Figure, Optimus, Atlas, Claude, Grok or GPT by 2035.
- ozfive 2y agoWe've heard this for many decades. I'm sure we will be hearing it for decades more...
- __MatrixMan__ 2y agoI think we'll reach "most work done by unattended robots" around 2070. But we'd be better off if started working on post-labor-scarcity economics ASAP--might as well start learning to swim before the ship sinks. It might even be fun.
- ozfive 2y agoSomeone once told me be a cook, a hairdresser, or a repairman.
- gaze 2y agoIt doesn't really matter if they can or can't do the work. If enough execs are convinced AI can replace the workers, they will replace the workers, and management will have moved onto other things before they suffer consequences.