alt Hacker News"The same kind of argument was used when China was admitted to the World Trade Organization. And indeed, lots of new jobs were created, just not in the Western world."
China's entry into the WTO is really not a good evidentiary example for AI causing mass unemployment. Unemployment in the U.S. had already been increasing at the time, peaked soon after, decreased to well below the point it had been at China's entry, and only went up again during the Great Financial Crisis, which had nothing -- or at least very little -- to do with competition from China. That's not to say that jobs weren't lost, even en masse, but they were replaced, and U.S. unemployment has been near record lows in recent years. China's WTO entry is a supporting point, not a counterpoint, to the idea that jobs lost to AI will be replaced by new ones.