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No one said there won't be work to be done, just that fewer people will be doing it.
by skinfaxi 2mo ago
No one said there won't be work to be done, just that fewer people will be doing it.
- esafak 2mo agoIf the work to be done is infinite, why would there necessarily be fewer people doing it?
- pjmlp 2mo agoBecause most companies aren't software driven, they sell physical products and software is a cost center. There is a budget and when it is gone, no contractors until next budget round.
- andriy_koval 2mo agoit could mean they are not completely out of automation opportunities, and will lose to more innovative players if won't invest into software. The end state of these companies is grid of cheap robots controlled by software.
- pjmlp 2mo agoExactly, because the amount of people on bench due to robots doesn't scale with the amount of customer opportunities. There are only so much customers to chose from and all of them have finite budgets. The exponential growth curve only exists in MBA books.
- andriy_koval 2mo agoIn case of productivity surplus, exponential demand can be easily created by government: e.g. they print N trillions dollars, and say we spend it on some (hopefully useful) mega project(s): fusion, carbon capture, give nice home to everyone, fully verifiable, glitch free, hyper optimized software, etc. It will immediately create lots of demand, supply chains, customers, etc. You can see current AI hype as example, and its government didn't step in and printed N trillions yet.
- pjmlp 2mo agoSure, and I have a bridge to sell, to the same government.