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The chain of logic is falsified by the Whitney cotton gin: it was a labour saving device, which saved enough labour to make cotton much more profitable, which led to the growth of the cotton plantations in southern USA, which led to increased slavery, and those slavers actively prevented their slaves from learning to read. https://en.wikipedia.org/wiki/Cotton_gin https://en.wikipedia.org/wiki/Anti-literacy_laws_in_the_Unit... That said, I would also agree with the conclusion that "a growing percentage of people will have no jobs that they are capable of doing", but for different reasons. I expect the abilities of AI to expand over time. IQ is a poor measure, but suitable as a shorthand especially for a comment like this. Imagine a general purpose AI that runs as fast as a human on 100 watt hardware; first one will be an idiot. Let's say IQ 50: only 0.1% of humans are dumber than this, nobody was employing them anyway. Version 2, say IQ 85: now about 16% are beaten by the AI, this absolutely matters, they're unemployable forever through no fault of their own, give them a basic income of some kind. Version 3, IQ 100, now half the world can't get work. Version 4, IQ 115, now it's 84% who can't get work, etc. Reality is a lot messier than that, so nobody needs to bother picking holes in the specific details such as "that's a lot of electricity" or "AI isn't a robot" or "comparative advantage": this is a comment, not a research paper. |
That would continue until it doesn't do anything worse, which may or may not ever happen, but if it did and we're all still alive then the result would be post-scarcity and nobody would need a job.