alt Hacker NewsI'm not as optimistic as you are that AI automating only high-value employment paths is a good thing. It swings the power balance even further towards capital and away from labor.
I'm not as optimistic as you are that AI automating only high-value employment paths is a good thing. It swings the power balance even further towards capital and away from labor.
But then capital can't pretend that it's doing anything. It spends all of its time now acting like ownership is a job rather than a title in order to justify itself. If a machine can manage, then it makes it more obvious that they are simply royals, ruling by self-decree.
Royals needed gods to justify themselves; when gods die or are switched out, royals are deleted or deposed.
I'm looking forward to the "coordination problem" being debunked. It's always been a demand that economic problems must be impossible to solve centrally, rather than a proof (a demand that justifies 2/5 of the economy going to the financial industry to produce nothing but coordination.) I actually thought that the success of algorithmic trading was enough to do it.