Oh yeah I definitely expect savings to be passed to consumers, like with all the tax cuts and deregulation we’ve been doing for decades.

The only “disinflation” consumers have experienced is devaluation of products through obsolescence as newer, often more expensive alternatives enter the market.

I’d love to see some of that disinflation you’re talking about. From my perspective, luxuries have gotten cheaper while basic necessities like food, housing, and medicine have become dramatically more expensive across the board.

More and more it’s seeming that the “societal benefits” from the last fifty years of progress have largely been concentrated at the top.

You automate automation first, what is so hard to understand about this?

You pick the highest leverage occupation first. Automating lawyers gives you.. angry lawyers? Automating programmers gives you improved ways of doing literally all other things because all other automation requires.. automation. That is to say bucketloads of software.

It’s completely obvious what the play is here and it has nothing to do with pay. We pay peanuts for tokens so automating a developer for 200-500 a month worth of tokens ain’t getting you to a trillion a year.

RSI is the play and it’s already happening. Our work is easier and faster and anyone that claims otherwise I have a very hard time taking serious.

You think they come for mathematicians’ pay? If you want to earn money I guarantee you they need to automate some other low-hanging fruits first that pay a lot better.

No, programming and math is basically what AI research is. You automate that and you got the golden ticket to all other things.

Most people's highest spending categories are food, housing and healthcare. How are these disinflating?

We're automating high paying careers and making what, the consumer's todo list and budgeting apps cheaper for them? My expensive smartphone is going to cost me ~$10/mo over its lifespan. I don't care if most of these consumer products get cheaper when they're a tiny portion of my spending

Automating most jobs means extraordinary unemployment.

Which doesn’t play well with “savings for consumers”, because these consumers will be unemployed.

Trillions of annual US equities profits will continue to go to the top ~10% of households holding ~93% of US equities. Tech didn't create disinflation for decades, globalization and China manufacturing with ~1B people to the world did (only recently has China scaled up robotics and automation for manufacturing in preparation for their population decline due to forward looking structural demographics).

Just like good blue collar jobs were shipped overseas, good knowledge jobs are going to be shipped to GPUs whenever they can.

> the reduced costs in these tasks will represent the greatest savings for consumers

Bud, thinking that for-profit corporations - many of whom are in an oligopoly or monopoly position in their markets - are going to pass along savings from not paying people is like thinking the stripper really likes you.

Remember how things were cheaper before the pandemic? Well, there were supply shortages and prices rose accordingly. Supply and demand at work, nothing surprising there. The supply chain shocks eventually went away. Some prices have sort-of come down, but many just haven't. Why? Because the people selling goods and services now know that people can and will pay the higher price.

Now, they might do that through taking on debt and working additional jobs to the detriment of themselves, their families, their communities, and their country, but no one who both matters and can do something about it keeps track of those things.

Why would those savings be passed to consumers? The red scare disappeared a long time ago. Wages have not kept pace with profits and productivity for 20 years.