What's the most ideal form of a company, in the eyes of it's board? Low cost due to cheap workforce or replacing of humans by automation, higher revenues due to faster deliveries and increased market footprint. Those directions remain as the strategic focus with or without AI.
However, let's imagine the most "ideal" situation where it's possible to replace 90% of the workforce with AI automation. Then the remaining 10% workforce will enjoy 10 times more income, assuming revenues didn't go down (or increased). Now comes an interesting situation. Where are the revenues coming from? Who can afford buy the products/service of this company when 90% of the workforce is out of job?
Case-1: Since there is a flood of products and services - all automated and bot-based - the prices would fall to rock bottom and to there is no longer a need for humans to work hard hard to afford the material affluence.
Case-2: This results in an extreme concentration of delivery capacity for products and services. A few companies are now capable of serving the needs of entire humanity. Everyone should work for these companies for pennies and still can be happy, because things cost pennies, thanks to automations.
Case-3: Humans revolt. They break their shackles - their needs. Rediscover what they really need for living. They go for minimal living. Abandon cities and expensive living, go country side and do farming just enough to feed their families. No college, no office, no car, no highways. They realize what their basic needs are as humans. Sort of Amish.
Case-4: There is still some work left that can't be automated. But there are very less number of jobs and they require hard work. The current generation can't handle it. They were schooled and grown up in cities, expecting a milder office work. They fall out of employment. But they were not built to deal with hard reality. They lost their survival instincts a few generations ago. The genes are gone. The job of rebuilding the survival instincts is delegetaed to future generations. Meanwhile the so-called developed nations undergo generational cycles of poverty and richness.
Case 3 is leftist dream. They want to make it happen.
Case 4 is the likely result of their (ill) effort.
If capitalism with mild restrictions have it's way, we end up with case 1 or 2. Both will increase the quality of life for most of the population compared to current.
These AI doomers never understand that they can't eat money. It is the wealth creation. The more we create, the more we lift up the bottom part.
Increase quality 9f life? Only if it defined as cities full of old people having material affluence, without their own kids and grand kids, ctieis surviving on work by immigrants, who rapidly change the demographic profiles.
So yeah, it all depends on what you call as quality of life, or life, or identity or nation, ...
zkmon · · focus · HN ↗
However, let's imagine the most "ideal" situation where it's possible to replace 90% of the workforce with AI automation. Then the remaining 10% workforce will enjoy 10 times more income, assuming revenues didn't go down (or increased). Now comes an interesting situation. Where are the revenues coming from? Who can afford buy the products/service of this company when 90% of the workforce is out of job?
Case-1: Since there is a flood of products and services - all automated and bot-based - the prices would fall to rock bottom and to there is no longer a need for humans to work hard hard to afford the material affluence.
Case-2: This results in an extreme concentration of delivery capacity for products and services. A few companies are now capable of serving the needs of entire humanity. Everyone should work for these companies for pennies and still can be happy, because things cost pennies, thanks to automations.
Case-3: Humans revolt. They break their shackles - their needs. Rediscover what they really need for living. They go for minimal living. Abandon cities and expensive living, go country side and do farming just enough to feed their families. No college, no office, no car, no highways. They realize what their basic needs are as humans. Sort of Amish.
Case-4: There is still some work left that can't be automated. But there are very less number of jobs and they require hard work. The current generation can't handle it. They were schooled and grown up in cities, expecting a milder office work. They fall out of employment. But they were not built to deal with hard reality. They lost their survival instincts a few generations ago. The genes are gone. The job of rebuilding the survival instincts is delegetaed to future generations. Meanwhile the so-called developed nations undergo generational cycles of poverty and richness.
CrimsonRain · · focus · HN ↗
Case 4 is the likely result of their (ill) effort.
If capitalism with mild restrictions have it's way, we end up with case 1 or 2. Both will increase the quality of life for most of the population compared to current.
These AI doomers never understand that they can't eat money. It is the wealth creation. The more we create, the more we lift up the bottom part.
zkmon · · focus · HN ↗
So yeah, it all depends on what you call as quality of life, or life, or identity or nation, ...
CrimsonRain · · focus · HN ↗