Don Curren 🇨🇦🇺🇦
Hacker NewsAI doesn't replace white collar work
https://www.marble.onl/posts/ai_doesnt_replace_work.html
#HackerNews #AI #WhiteCollarWork #FutureOfWork #Automation #Insights
2 “The #AI shock is following the same playbook. The displacement force is different this time, impacting #cognitive and #white-collarwork rather than #factory floors. But every other element of the structure is remarkably familiar: a powerful disruption, immediate job losses in exposed sectors …” 🧵
Miguel Afonso Caetano"Silicon Valley leaders are enamored of one policy Hail Mary: the establishment of a universal basic income, in which the government would provide all adults with $1,500 a month or so, no strings attached and in perpetuity. It’s not as crazy an idea as it sounds; think of it as Social Security for everyone, or an extension of the earned-income tax credit to families without any earned income. The cash would ensure that every family kept its head above water, and redistribute the wealth generated by rising productivity. “People will be freed up to spend more time with people they care about, care for people, appreciate art and nature, or work toward social good,” Sam Altman of OpenAI has argued.
But UBI is a dystopian outcome, not a utopian one. For families to thrive in this new post-work paradigm, the government would need to redistribute a lot more than $1,500 per person per month, necessitating confiscatory taxes on corporations—taxes they would fight tooth and nail. The bigger problem would be that Americans would hate a world without work, where the jobless rate floats at 30 percent instead of 4 percent."
#AI #GenerativeAI #WhiteCollarWork #MassUnemployment #UBI #SiliconValley
