There’s a lot of magical thinking about how AI will actually help the labor market, but it seems clear to me that the entire reason for the billions being pumped into AI is the potential to slash labor costs.
It’s like they’re building human wood chippers while telling us that all these human wood chippers will actually result in fewer people being fed into wood chippers.
Sure, I have no doubt that a terminated NIH scientist will have no trouble finding a “factory job” that pays two or three times as much.
What world does this guy live in?