alt Hacker NewsI’m an economist. On the basis of current evidence, I view AI as a complement to human labor, not as a substitute for it. That’s the source of my rejection of the wild labor market disruptions theories.
I just don’t see any evidence yet that whole categories of jobs are being eliminated, with the single exception (so far!) of the end of “professional essay writing services for cheating college students,” and similar services.
That used to be a big business in Kenya, but is now effectively gone. (Covered in the New York Times this weekend if anyone is looking for the discussion.)
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You’re lacking nuance.
It is not a 1 for 1 substitute (it’s imperfect) but the firm is increasing investment in capital and reorganising operations with the expectation of reducing labour.
Therefore the firm is experimenting with substituting parts of human capital with non-human.
However I do broadly agree with you.
> ... current evidence ...
Is a load bearing term! (pardon the pun).
AIs are now tackling Millennium Prize Problems, which our best and brightest have failed to solve, despite trying very hard for decades to claim the $1 million reward money, not to mention the fame!
You have no way to judge from the AIs of "today" what the AIs of... literally tomorrow (not even next year) will be able to do in terms of replacing humans.
The supposed solution to the Navier-Stokes problem was done with an unreleased OpenAI model that is already 2x as good at mathematics as GPT Astra, which was released mere days ago!
I'm already seeing comments by distraught mathematicians saying that they feel like they've made a mistake in their career choices.
Others are saying that their joy for their work has turned to ashes because "why bother" when an AI can do the same, but a thousand times faster!?
Past changes to economic relationships haven't replaced labor either, yet they have led to conflict and starvation.
You are setting an incredibly high bar here, essentially a strawman.
If people feel disenfranchised due to their diminishing political and economic power, there will be enormous potential for conflict. This is a pattern across history and central to all the economics I've ever read. As an economist, do you not concede that economic changes induced by e.g. industrialization were pertinent to communism/fascism/WW2/cold war? That would be a remarkably unorthodox position. Do you not consider these events to be civilizational level dangers?
> I just don’t see any evidence yet that whole categories of jobs are being eliminated
There are more textile workers now than ever. They primarily live in poor conditions in impoverished countries, whereas they used to be highly skilled workers in the most prosperous countries who were even able to politically organize in their own interest.