alt Hacker NewsWe are in an inverse innovators dilemma
Automaters dilemma: the labor that is removed from production due to automation can no longer sustain the market’s that that automater was trying to make more efficient.
By optimizing just the production half of the economy and not the consumption half you end up breaking the market
I’m convinced that 70% of the workforce of some large organisations is just white collar welfare / adult day care already. Maybe that goes to 80+% as a result of “AI” but doesn’t fundamentally change the model.