[goatlover]

Does this argument still work if LLMs end up increasing unemployment and making it a lot harder for graduates to find good jobs? Who is it good for in that case, the shareholders? It's nice if humans can always create more jobs, but that's not what the tech bros are promising investors. They're making claims about how AI is going to seriously reduce the need for human labor. Programming, writing and art are just the starting ground for what's coming, if their predictions are anywhere close to being correct.

[rendang]

Because consumer demand is infinite, the only way to majorly and permanently increase unemployment is to completely automate all labor or maybe almost all. We have been automating away jobs for hundreds of years and unemployment is still ~4%

[elzbardico]

unemployment figures are a joke. What matters is how much able bodied people that could work, actually do have a job. And this number tells a completely different history from the feel good libertarian narratives such as this one.