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What a poor take if "AI makes human labor obsolete" Given comparative advantage gives a offramp to this for a lot of what we currently understand as "economic
by HardCodedBias 8mo ago
What a poor take if
"AI makes human labor obsolete"
Given comparative advantage gives a offramp to this for a lot of what we currently understand as "economics", if the author is positing that we will be beyond this, then your response is missing the forest from the trees.
- plastic-enjoyer 8mo agoThere is no indication that the surplus extracted by automated labour will be distributed to the advantage of the population. If we look at how things are going at the moment and in the present, there will be a further concentration of power and capital. And I don't see any reasons why the billionaire class should give this up. You could, of course, give an argument why things are will be different this time.
- HardCodedBias 8mo agoI will repeat myself: comparative advantage [edit] I will further repeat myself: If comparative advantage will not hold then that's really something, no one understands what happens in that future, proposing some random solution at this point is unbelievably premature.