AI Risk #3: Will AI Take All Our Jobs?
The fear of job loss due variously to mechanization, automation is as old as time. And always the claim is that “this time is different”.
However, time & time again, technology lead to an economic boom. This time will not be different. When technology is applied to production, we get productivity growth:
- more output generated with less input
- this results in lower prices for goods and services.
- prices fell, we pay less for the same products
- lower prices means we have extra spending power
- we use the money to to buy other things
- this increases demand for new products & services
25
177 reads
CURATED FROM
IDEAS CURATED BY
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
Mark Andreessen packs so much in this rebuttal of AI doomerism. A pleasure to read.
“
Similar ideas to AI Risk #3: Will AI Take All Our Jobs?
The Power of Force Multipliers and Automation
Thinking in terms of force multipliers allows for increased productivity and output without increasing overhead or time. Before hiring new staff members, consider implementing a system to help the current team accomplish more in less time.
Automation: Automation is the proc...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates