What’s your expectations of the long term effect of AI on employment?
New technology has always worked out for the best in the past. I’m sure we’ll adapt to it. It would be great to be freed up from unpleasant tasks so we could apply ourselves to more interesting and creative activities.
For a while now I’ve thought that at first it would cause a lot of displacements and firings, adding jobs for a while while programmers were still in high demand and then displacing even them, bringing about high production capabilities not needed because of lower employment. The only upside would be lower production costs, making goods cheaper.
I’m coming around to the idea that displaced corporate employees will be freed to be be more creatively entrepreneurial, using AI in new ways and creating many more job opportunities in the process, seeding faster and wider growth.
What say you?
My hope is in the greater inventive effort of the individual working for him or herself. Group effort is best for working out incremental improvements in what is.
Individuals are where great leaps are made.
When the technology hits, it will come fast and furious. Many will be unprepared for the new job market.
It'll equal out at the end.