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by alipang 2324 days ago
"MegaCorps" in any kind of healthy market will still compete on price, so simply stating that they will "pocket the rest" of AI-related productivity improvements is ridiculous.

The more likely outcome is that prices on a whole lot of things are about to drop drastically. Of course this does nothing to help the people who are left out of a job and can no longer contribute as they are no longer cost-effective. UBI is one option to address this, at least partially. Do you have a better one? Ban AI? Do you happen to be an anti-capitalist, and your convenient solution is (big surprise) to remove capitalism as an economic system?

I'm not saying the effect of more people being outcompeted from the job market will never be a problem. Perhaps parts of it will be solved with income redistribution being increased. Perhaps part of the effort will be in creating new jobs where humans can not be replaced. Some cookie cutter "anti megacorp" rhetoric ain't likely to help much.