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by psi75 1398 days ago
I started looking into this in the 2010s, and the evidence suggests that we're going to see everything humans do as subordinates face a 6-12% annual wage decline starting about now. If you do it as a subordinate, a machine can do your job well enough either to replace you, or to replace 90+ percent of the people in your job, leaving the rest of you to fight over scraps. The part of your job that a machine can't do might seem really important to you, but your boss's boss's boss probably doesn't care about it, since scalable mediocrity is more profitable than whatever "extra" you provide.

Ignore the whining of frontline managers about how "no one wants to work" (i.e., their own bosses are squeezing them by refusing to let them hire, forcing them to do more grunt work). The long-term trend of wages is downward. Labor markets do not find equilibrium. They diverge. The lizardfolk who own all the capital can wait. But laborers cannot; they need to eat. The whole goddamn system is rigged and 99+ percent of us are losers.

This isn't just about AI Art, or the mediocre but serviceable code generated by GPT-3 and the like. We are very likely headed for a broad-based, general wage collapse everywhere in the world, and this sort of situation is likely to result in a global violent conflict between people and capital, in which either an entire socioeconomic system is overthrown (a chaotic situation, but the good outcome) or humanity is thrown into slavery from which it is unlikely ever to recover.

1 comments

I see a vivid imagination and overextrapolation working tag-team in this post. Evidence, not so much.
"Overextrapolation" isn't a word.