I have a question that is tangentially related to the point you were making, but it's been bugging me lately, so here goes.
Everybody says 'the robots are destroying jobs' but the unemployment rate (in the US at least) is very low right now. If AI is taking all the jobs, how is the unemployment rate so low and the economy booming?
The possibilities I can think of:
- AI is creating jobs at the same rate it automates them. The new jobs may not be as good as the old jobs, or perhaps they require people to totally retrain which isn't always feasible. But people need to make a living and they adapt because they have to.
- Lots of people have given up looking for work.
- For the most part, AI is augmenting rather than replacing humans.
- The full impact of AI on our society has yet to be felt, and we should brace ourselves like the rich techies building compounds in New Zealand.
In my specific industry we are replacing thousands of open positions nobody wants to do. Customers struggle to hire enough workers for us to ever be replacing humans. Walking around picking merchandise all day is a pretty inhuman career.
Everybody says 'the robots are destroying jobs' but the unemployment rate (in the US at least) is very low right now. If AI is taking all the jobs, how is the unemployment rate so low and the economy booming?
The possibilities I can think of: - AI is creating jobs at the same rate it automates them. The new jobs may not be as good as the old jobs, or perhaps they require people to totally retrain which isn't always feasible. But people need to make a living and they adapt because they have to.
- Lots of people have given up looking for work.
- For the most part, AI is augmenting rather than replacing humans.
- The full impact of AI on our society has yet to be felt, and we should brace ourselves like the rich techies building compounds in New Zealand.
What do you think?