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by RC_ITR 1257 days ago
One interesting concept is that falling inequality will look exactly like this.

Wealthy people have gotten used to increasing the gap and therefore assume that trouble at the top is much worse below.

But what’s actually panning out is that Internet technology is great at replacing white collar jobs and awful at replacing blue collar jobs (I don’t think electricians are losing sleep over ChatGPT).

1 comments

But technology is replacing entry level jobs Self checkout, food delivery robots, robotic waitresses, etc.
I would actually very strongly disagree with that assertion.

Delivery robots are limited to certain college campuses, robotic waitresses are far from the mainstream, and self-checkout appears to still need 1-2 workers manning it for loss-prevention/general help.

Meanwhile, Robotic Process Automation is gutting the "I download a PDF and transcribe it to Excel" worker category at banks.

They are not. It's easy to build an AI that write code than to build an AI that change sheets
I don’t think we know that yet. GPT is less capable than StackOverflow, and a service like that using cheap human labour has not yet replaced programmers. In the absence of AI that can write code or change sheets how can we know?

Meanwhile, farm automation has flipped the overall percentage of labour force from >90% farm to <10%