I would argue we've even already seen this play out with productivity gains across the economy over the last 40 years. The American middle class has been gradually declining since the '80s. AI seems likely to accelerate that trend for the exact reasons you point out.
A lot of people recognize this pattern even if they can't articulate it, and that's why they hate AI so much. To them, it doesn't matter if AI lives up to the hype or not. Either it does and we're staring down a future of 20%+ unemployment, or it doesn't and the economy crashes because we put all our eggs in this basket.
No matter what happens, the middle class is likely fucked, and anyone pushing AI as "the future" will be despised for it whether or not they're right.
Personally, I think the solution here might be to artificially constrain the supply of productivity. If AI makes the average middle-class worker twice as productive, then maybe we should cut the number of work hours expected from them in a given week.
The complete unwillingness of people in power to even acknowledge this problem is disheartening, and is highly reminiscent of the rampant corruption and wealth inequality of the Gilded Age.
Technological progress that hurts more people than it helps isn't progress, it's class warfare.
Well, I see I've thoroughly angered the billionaire wannabes. Funny how they never offer any solutions to these problems and just make a stink about them being acknowledged in the first place.
> Technological progress that hurts more people than it helps isn't progress, it's class warfare.
I think this is right. The historical analogue I keep drifting toward is Enclosure. LLM tech is like Enclosure for knowledge work. A small class of capital-holding winners will benefit. Everyone else will mostly get more desperate and dependent on those few winners for the means of subsistence. Productivity may eventually rise, but almost nobody alive today will benefit from it since either our livelihood will be decimated (knowledge workers, for now) or we will be forced into AI slop hell-world where our children are taught by right-wing robo-propagandists, we are surveilled to within an inch of our lives, and our doctor is replaced by an iPad (everyone who isn't fabulously wealthy). Maybe we can eek out a living being the meat arms of the World Mind, or maybe we'll turned into hamburger by robotic concentration camp guards.
Right there with you. Sure, I have gained a lot as a software engineer in the valley (I guess I'm upper-middle class now), but I'd give it up and go right back to lower-middle class (1980s) status I was raised in if it meant my kids could also aspire to a similar lower-middle class life.
This suicide-pact of "either AI goes crazy and 100 people rule the world with 99% of the world's wealth" or "AI fails badly and everyone's standard of living drops 3 levels, except for the 100 people that rule the world with 99% of the world's wealth" is not what I signed up for. Nor is it in any way sustainable or wise.
Too much class distinction / wealth between lower/upper classes, and a surplus of unemployed lower-class men is how many revolts/revolutions/wars have started.
Technological progress that hurts more people than it helps isn't progress, it's class warfare.
We've never seen such a thing before, so I don't know how you can draw such sweeping conclusions about it.