Usually what’s happened in the past is that new jobs become economical. If every possible job is replaced then that’s the new territory.
I’m highly, highly skeptical this robot doesn’t suck, though. They say it won’t fully replace their workers, and I suspect that’s because it’s going to get stuck around a tricky corner or tangled in a loose pieces of packing tape constantly.
Best case, yes exactly. But again, that’s happened before many times though (once upon a time, there was no conveyor belts or cranes in a warehouse either, there was guys doing that work) so I’m not too worried. Worst case it just fails.
Okay, modern agriculture then. Before industrialisation, 98% of people worked in agriculture as basically peasants. Now it’s pretty much exactly the opposite, with 2% working in something related.
I agree AI could be a major problem if it gets even a little bit better. This specific story isn’t an example though.
Which means all the salaries go down, and the rich just keep getting richer.
Usually what’s happened in the past is that new jobs become economical. If every possible job is replaced then that’s the new territory.
I’m highly, highly skeptical this robot doesn’t suck, though. They say it won’t fully replace their workers, and I suspect that’s because it’s going to get stuck around a tricky corner or tangled in a loose pieces of packing tape constantly.
Then instead of a warehouse full of people, Amazon will end up with a warehouse full of robots, and a few robot babysitters.
Best case, yes exactly. But again, that’s happened before many times though (once upon a time, there was no conveyor belts or cranes in a warehouse either, there was guys doing that work) so I’m not too worried. Worst case it just fails.
The difference is that conveyor belts weren’t poised to impact 80% of all jobs on the planet, AI is.
Okay, modern agriculture then. Before industrialisation, 98% of people worked in agriculture as basically peasants. Now it’s pretty much exactly the opposite, with 2% working in something related.
I agree AI could be a major problem if it gets even a little bit better. This specific story isn’t an example though.
That sounds like a justification for not practicing financial literacy.