How?
Specific mechanism:
1. jobs being automated implies companies can do way more with fewer workers
2. this means they have extra profit that they can push somewhere
3. they will push it again to capital by finding new ventures to scale out
4. for achieving (3) they need labour pool, which is where we come in
Few open questions
- What kind of new ventures? Colonising Mars is an example, but ambition is unlimited
- Will companies choose to scale out or just eat profits? I think they will scale out due to ideology and market dynamics
- Biggest question: can humans still provide value in some dimension where AI can't? I don't know..
alt Hacker News
Specific mechanism:
1. jobs being automated implies companies can do way more with fewer workers
2. this means they have extra profit that they can push somewhere
3. they will push it again to capital by finding new ventures to scale out
4. for achieving (3) they need labour pool, which is where we come in
Few open questions
- What kind of new ventures? Colonising Mars is an example, but ambition is unlimited
- Will companies choose to scale out or just eat profits? I think they will scale out due to ideology and market dynamics
- Biggest question: can humans still provide value in some dimension where AI can't? I don't know..