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rayinertoday at 1:33 AM0 repliesview on HN

People need to update their priors. The “permanent underclass” concern arose from a time when people thought AI was going to dominated by the first company to achieve it. But now we see that AI is becoming commoditized faster than almost any technology in recent history. IBM and Microsoft had a monopoly on personal computing for decades. AI is becoming a commodity before any of the AI companies have even turned a profit. AI is going to be like electric motors. If you had a monopoly on electric motors you could control the world! But instead they’re commodity products mass manufactured around the world