Remember 2013, when Very Serious researchers and pundits warned us that AI & robotics would cut employment by a factor of 2 within 15 to 20 years? US unemployment has gone from 8% to 3.6% in the 6 years since.
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If anything, it's exactly that question: how unemployment can be so low with so little worker power that leads to the true nature of what's going on. Of course, it's AI being deployed at this particular moment in history, so wrapped up with politics. But it always is.
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but we can't measure the decrease or increase in unemployment only considering AI ? it is just a shining field but this will never prove that unemployment will be at same level in future ?
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Monetary inflation artificially keeps wages lower or rather it artificially increases prices thereby effectively keeping realtive wages low.
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Surely, this comes from economic circumstances, not technologies. Federal policy creates financial environments which drive corporate decisions, including how to treat employees and use AI.
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The point of the doomsayers from 2013 wasn't "automation will disempower workers", it was explicitly "automation will create mass employment within 20 years". Also, looking at the past 150 years, automation has not been disempowering workers -- usually, it's the opposite.
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Because ppl work for algorithms now in low paid insecure jobs
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