> that means that many companies can potentially produce 10 times as many products/services and make more things that will enrich peoples' lives.
This has been the promise over and over again, for centuries, and it has consistently not paid off. Where's the predicted society where automation allows us all to work for two hours a day, and spend the rest at leisure?
> Though some people in some companies might be laid off, it doesn't necessarily mean that more people will be laid off than new jobs are created.
It doesn't mean the opposite, either.
> 2) Chaudry ignores that you need a human in the loop to check an AI's work. You don't know that an AI's answer is always right. Even if it's perfect in 99% of cases, the answer could be jaw-droppingly destructive in that 1% of cases and make errors that even the dumbest human wouldn't make. Being grossly wrong even a small percentage of the time is far worse than a human making minor errors sometimes, and being slow all of the time.
Companies have shown time and time again that they're willing to make this trade-off.
This has been the promise over and over again, for centuries, and it has consistently not paid off. Where's the predicted society where automation allows us all to work for two hours a day, and spend the rest at leisure?
> Though some people in some companies might be laid off, it doesn't necessarily mean that more people will be laid off than new jobs are created.
It doesn't mean the opposite, either.
> 2) Chaudry ignores that you need a human in the loop to check an AI's work. You don't know that an AI's answer is always right. Even if it's perfect in 99% of cases, the answer could be jaw-droppingly destructive in that 1% of cases and make errors that even the dumbest human wouldn't make. Being grossly wrong even a small percentage of the time is far worse than a human making minor errors sometimes, and being slow all of the time.
Companies have shown time and time again that they're willing to make this trade-off.