alt Hacker NewsIf AI being a million billion zillion times more productive at doing bullshit jobs nets in very little economic gain, then that lays bare the net economic value of all our bullshit jobs.
But given that the stock market hasn't panicked, this must mean at least one of these premises is false:
1. Economic activity is relatively flat.
2. AI makes us a million billion zillion times more productive than we used to be.
3. The stock market is rooted in reality.
Replies
downrightmike • today at 4:41 PM
the market split from reality in 2020 for the last time. This is all just zeroes and ones, which is why they can make the real economy tank.
> lays bare the net economic value of all our bullshit jobs.
This was already obvious, the more important question is what are we (collectively, society & our governments) going to do about it?
We (should have) already known most of our jobs were bullshit jobs, especially white collar jobs. The difference is now we might have something coming that will eliminate the bullshit jobs.
But society will always need bullshit jobs or the whole system collapses. Not everyone can go dig ditches, so what do we do?