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So, I just want to say that increasing productivity over time should result in net higher prosperity. There are numerous examples of disruptive technologies th
by daft_pink 1y ago
So, I just want to say that increasing productivity over time should result in net higher prosperity.
There are numerous examples of disruptive technologies that reduce labor costs and the world has gotten better over time not become a dystopia.
I’m sure there will be winners and losers and it will take time adjust, but dramatic increases in productivity will make a better world, because it will take less effort for you to get what you want to get.
- dfxm12 1y agoProductivity has already been going up and the prosperity has largely been captured by the capital-owning class. https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/ Add to this weakened labor and social programs being treated like a four letter word among most politicians, the media and voters. AI isn't going to make the system change.
- daft_pink 1y agoI think this is a separate argument as productivity is getting squeezed out by competition and the consumer is benefiting. I'm not sure if capital owners, management or workers are getting equal slices of the benefits, but I do believe that everyone is benefiting and it doesn't make sense to avoid progress as though increased productivity isn't worthwhile.