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Comment by no_op

Non-general AI won't cause mass unemployment, for the same reason previous productivity-enhancing tech hasn't. So long as humans can create valuable output machines can't, the new, higher-output economy will figure out how to employ them. Some won't even have to switch jobs, because demand for what they provide will be higher as AI tools bring down production costs. This is plausible for SWEs. Other people will end up in jobs that come into existence as a result of new tech, or that presently seem too silly to pay many people for — this, too, is consistent with historical precedent. It can result in temporary dislocation if the transition is fast enough, but things sort themselves out.

It's really only AGI, by eclipsing human capabilities across all useful work, that breaks this dynamic and creates the prospect of permanent structural unemployment.

parent no_op 2 years ago

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