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by wwind123
19 days ago
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I think a main worry is that, this AI wave is quite different from past technological revolutions in that, this wave is happening so fast, the speed that humans learn new skills and master new jobs would lag more and more behind the speed that machines replace humans in those jobs. Without societal or legal constraints, capital chasing the max efficiency and profit would just replace humans with machines whenever machine cost comes down below humans. |
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The efficiencies mean that firms are just going to cut the size of entry level lawyer classes. History shows that those people aren’t going to get comparable jobs, ever. The pyramid will become narrower, and more and more returns will flow to the folks at the top whose job is less wrangling the law and facts and more dealing with the human factors of client relationships. I see that happening all over the white collar world.