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> New jobs will arise and there will be plenty of jobs to go around once the new growth cycle gets underway. That is a gamble. Everyone talks about how the do
by rr808 1y ago
> New jobs will arise and there will be plenty of jobs to go around once the new growth cycle gets underway.
That is a gamble. Everyone talks about how the dotcom bust quickly recovered and housing bust recovered. But that period was when smart phones started, everyone got broadband and most businesses moved to the web. Can you be surely something else will come along?
- chii 1y ago> Can you be surely something else will come along? something has come along - the new fangled AI stuff. People back then also didnt think the internet would amount to much when it first came out, and people also thought mobile phones were for business users not casual consumers.
- xboxnolifes 1y agoI'm at the point where I hope AI doesn't catch on long term. At least how it currently is, it seems like a societal downgrade.
- jimbokun 1y agoThe whole point of the new fangled AI stuff is to reduce the demand for knowledge workers. Once you’ve automated manual labor and mental labor, what’s left?
- satyrun 1y agoIf you frame it like a farmer back in the day hearing there will be more jobs because of the industrial revolution so they conclude that means there will be more farmers but just doing a new type of farming, that would obviously be wrong. To me, it seems obvious the next boom 10 years out is in physical labor and being an advanced robot with your body. That is what will have value with the hugely deflationary knowledge work part going from super expensive to insanely cheap.
- alemanek 1y agoNot OP, but of course they can’t be sure. No one can but if it doesn’t come along we will just be kind of screwed. Better to be optimistic and make moves to position yourself for the “new thing that comes along” then to give in to despair. Then if it does come along they are ready to jump on that train. In this case their is nothing lost with cautious optimism.