A fundamental question posed in the AI channels is who does not benefit from AI as it progresses? That group of answers is sobering especially when considering classic risk reward reality thinking.
Economically this is a critically important question. Some may recall when there were plenty of good high paying jobs for machinists. In recent years cancam programmers had to search for 70-80 year olds to film them. Recording their every movement to translate it allowing robotic assembly line production. There are still a few highly skilled machinists around but that job has pretty much disappeared.
I have a smart house which with geothermal, remote monitoring, solar and various gadgets pretty much takes care of itself. Virtually everything in it is plug and play. Next step is to add AI so it will self diagnose any faults. I’m half way there already. Both my geothermal and solar are remotely monitored. Have gotten a couple of messages already telling me errors and how to fix them myself when they can’t be fixed remotely. With AI that will expand exponentially. Electricians, plumbers and other tradesmen will need to be highly educated but once installations are troubleshooted and complete there will be much fewer service calls.
My next car will be full electric. I have a riivian on order. Other than tires virtually all service is done remotely. It’s very rare that any EV requires in person service. Again the skill set is entirely different from that from a historical wrench given the absence of ICE. Need for mechanics will fall.
Neighbor of a son in law currently has a B testing law mover. Much like current generation vacuum cleaners it does its thing on its own. Expect autonomous dozers, graders, witch ditches, pipe layers, and all road construction/repair machinery.
When production workers are AI driven machines the need for middle management and HR falls. The dynamic between labor and capital is even further distorted than the current bad situation.
Have one child who manages the section doing solid tumor research at Farber. She’s protected given research by definition is new so she still manages humans.
The other raises corporate funding for American cancer. She meets with CFOs, and other three digit officers. She’s protected as well. My son in laws are a hydrologic engineer and a teacher. So also protected. If you have kids and/or grandkids in my view you should be educating yourself about AI. This thread suggests to me many don’t understand basic terms and concepts.
Yes there will be plenty of jobs but for those without a specialized skill set and education negotiating strength of labor against management will take a turn for the worst. Personally believe taxes need to be much more progressive to allow young and future generations to be educated sufficiently to be competitive. The continuing amassing of huge wealth by the 1% is distorting our politics, social intercourse and effecting quality of life. With AI and its ability to change the nature of work, generate false images, false misleading posts on social media, distort public forums those 1%ers garner huge power. Mechanisms for the public to limit that power are imperative.