IhateAI

The job market will get flooded with the unemployed (it already is) with fewer jobs to replace the ones that were automated, those remaining jobs will get reduced to minimum wages whenever and wherever possible. 25% of new college grads cannot find employment. Soon young people will be so poor that you'll beg to fight in a war. Give it 5-10 years.

This isn't a hard future to game theory out, its not pretty if we maintain this fast track of progress in ML that minimally requires humans. Notice how the ruling class has increased the salaries for certain types of ML engineers, they know what's at stake. These businessmen make decisions based on expected value calculated from complex models, they aren't giving billion dollar pay packages to engineers because its trendy. We should use our own mental models to predict where this is going, and prevent it from happening however possible.

THE word ''Luddite'' continues to be applied with contempt to anyone with doubts about technology, especially the nuclear kind. Luddites today are no longer faced with human factory owners and vulnerable machines. As well-known President and unintentional Luddite D. D. Eisenhower prophesied when he left office, there is now a permanent power establishment of admirals, generals and corporate CEO's, up against whom us average poor bastards are completely outclassed, although Ike didn't put it quite that way. We are all supposed to keep tranquil and allow it to go on, even though, because of the data revolution, it becomes every day less possible to fool any of the people any of the time. If our world survives, the next great challenge to watch out for will come - you heard it here first - when the curves of research and development in artificial intelligence, molecular biology and robotics all converge. Oboy. It will be amazing and unpredictable, and even the biggest of brass, let us devoutly hope, are going to be caught flat-footed. It is certainly something for all good Luddites to look forward to if, God willing, we should live so long. Meantime, as Americans, we can take comfort, however minimal and cold, from Lord Byron's mischievously improvised song, in which he, like other observers of the time, saw clear identification between the first Luddites and our own revolutionary origins. It begins:[0]