echohole5 t1_jeep9ys wrote

It would be suicidal for the owning class to let the working class starve to death. The 99.9% will kill to not starve to death and the owners are outnumbered 1000:1. They know they'd have no hope of survival. The military and police would turn on their masters to not let their friends and extended family die.

Besides, ruling over a nation of corpses isn't satisfying. There's nobody to feel superior to.

Capitalism requires consumption. Without it, nobody can sell anything and the corporations die with the citizens.

If we get to a point where human labor has no economic value, there will be a new way of redistributing wealth that takes the place of wages.

I'm not that worried about a future where human labor still has some value but not much and the kind of valuable labor is stuff every human can easily do. The ruling class would still want to incentivize working by not providing UBI but everyone would be working minimum wage jobs with a permanent high unemployment rate with very limited safety nets. That's a future of grinding misery but it wouldn't be bad enough to cause a revolutions, like mass starvation would. That's the dystopia that worries me.


echohole5 t1_jdupn21 wrote

Yep, government will have no choice but to take some company profits, in some way, as companies will be the only entities with any money.

We might want to look at a sovereign wealth fund, like Norway has. The government could buy up 40% of every stock. The growth in company profits is about to go hyperbolic, now that they won't have labor costs. It might be a way to redistribute wealth from companies to citizens that isn't as adversarial as high taxes (which are also very easy for companies to avoid). It would also align the interests of companies, citizens and governments behind growth.

Just a thought.


echohole5 t1_j8md0wr wrote

And it wasn't even specifically trained for this. It's just knowledge/skill it happened to have picked up from the training data.

I can't wait to see what a LLM can do when it's is specifically trained on all medial text.

A lot of professionals are going to have some amazing tools to make their jobs easier within a few years. They could definitely make fewer of those professionals needed.

Could many doctors be replaced with AI and some medial techs? Could this make healthcare finally affordable? We'll see.


echohole5 t1_j7arpoo wrote

The edge AI tech is really interesting. The AI models that use data centers of compute to ingest petabytes of data end up being small enough to fit on a phone. Stable Diffusion is 1.3GB and it can produce endless professional level art in seconds. How many of these will be end up with on our phones? It's the most amazing compression tech ever.


echohole5 t1_j6cpt9i wrote

Yes, I suspect you are exactly right. This is how it will play out with many jobs. AI doesn't automate jobs, it automates some tasks within jobs.

Javon's paradox implies that, as long as humans are better that AI at something, the market will find a way to use that resource, but at a lowered price.

Man, this is really going to fuck up most of our lives for a while. I'm excited, scared, hopeful and sad when I think about this. It's a weird combination of emotions.