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The argument that AI guys are making about the coming mass unemployment goes like this: those companies that are spending on AI rather than humans may have a hu
by heathrow83829 5mo ago
The argument that AI guys are making about the coming mass unemployment goes like this: those companies that are spending on AI rather than humans may have a huge competitive advantage that allows them to take marketshare from human run companies and thus there's less and less demand for human labor.
But, how many businesses/sectors of the economy actually need to compete for marketshare? we assume it's nearly all of them. if that were the case, we'd see AI taking over much quicker.
- reactordev 5mo agoWithout human labor, there’s no human economics. Without human economics, there is no market. So jokes on them.
- threatofrain 5mo agoBut there are materials and power, something which is more fundamental than the market.
- reactordev 5mo agowho's going to get the materials? Robots?
- deltoidmaximus 5mo agoHuman slaves guarded by automated killer robots.
- reactordev 5mo agoThat’s hilarious
- exe34 5mo agoAs long as the handful trillionaires own everything by the end of the game, what does it matter to them?
- einszwei 5mo agoI am very skeptical of the argument that companies are competing with each other on market share. There is arguably a lot more competition between AI companies than in most of the sectors of our economy.
- deleted 5mo ago[deleted]