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Hmm well the practical point of GDPR is twofold from where I see it: the process being too convoluted and risky turns off some corporations from storing data entirely (maybe it's not complicated enough yet in that regard), and the deletion requests where I can send anyone holding my data an email saying they have to delete it all. I do it sometimes, maybe it's just a placebo and half I secretly hope it is because once someone inevitably whistleblows it, they'll be appropriately fined in the billions like Google gets regularly. > If a job can be automated that means humans ultimately can engage in more worthwhile endeavours Yeah if that were actually the case. Seems like the plan is to just automate everything we can in broad strokes, then wait if anything happens to turns up to occupy that portion of the workforce. Nobody seems to have any idea what to do with vast amounts of unemployed people who aren't qualified to do anything anymore. I think the very possible end result is that there won't be any immediate new jobs in a meaningful volume in the time span when they're needed. As you say, the timeline can be very short, and in the US it certainly will be. The idealistic future is that UBI gets implemented, automation gets taxed and redistributed, so the economy continues to work. But that's a fantasy with the current ring wing wave across the world where any kind of social service is seen as communist money burning for some reason, pocketing that extra wealth through corruption will be the priority. We've seen this again and again in countries where most of the income is dug from the ground in some form, which is economically the same as a few companies making it all through automation. The end result is usually not great for the population. With the AI Act being very anti-authoritarian, banning credits cores, facial recognition, etc. it's a step in the right direction to compensate. The likely result is probably gonna be some kind of army service and an increase of international tensions to justify a draft when we realize there's only so many extra Wolt drivers a population needs, and then those will go to Starship too. With a war economy you can do pretty much anything to maintain stability, the numbers are made up and the protests don't matter. If a delay in adoption can help bridge this intermediate gap without complete chaos, millions will suffer a lot less. |
This is a common misconception by people who never had to deal with GDPR in a business capacity (including the politicians who have caused this mess). Corporations either simply don't care or they have their legal department deal with this. It's the small companies and self-employed solo entrepreneurs that suffer.
As for the economic ramifications, there will certainly be a massive short-term upheaval. However, going all Luddite - or even just slowing down the process locally - won't help. Regulation doesn't generate wealth, after all (although EU politicians would like you to believe that), and for something like UBI we need massive wealth generation.