It is good to remember that the only thing you can do with money, ultimately, is hiring people. Money represents an integral of human time
Automating away inefficiencies and increasing productivity leads to greater wealth, which in turn creates more jobs. Different jobs.
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People are right to be concerned that wealth creation through technology may lead to a wealth redistribution issue, and greater inequality
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I think bigger concern is not absolute amount of wealth created, but its distribution. Automation also leads to inequality
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Agreed! It’s inefficient to force myself to read and retain the info from 100 books which is why I’m trying to train machines to do it
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Haha, I smash
#audible mate, I easily "read" 100 books a year in traffic! - Show replies
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No offence but the idea that everyone has the capacity to spend several years retraining as programmer is totally disconnected from reality
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We need to move beyond the "jobs" narrative so we can have an elevated discussion focusing on efficiency and sustainability.
#BasicIncome
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Great analysis. But I believe automation will eat more jobs than it creates. Considering the added wealth, focus should be on redistribution
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Do you ever worry that ai automation will encourage people to over produce. Governments have a habit of following ever increasing growth.
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2. Farming marginal land because self driving tractors can make the process more cost effective. In turn destroying natural habitats.
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