Maybe the AI jobs apocalypse is just what we need: unemployed office workers whose best option is to start new companies.
I'm against an AI jobs apocalypse, and I don't believe one will happen, but I do wonder if huge firms with thousands of white collar jobs are sucking up all the talent.
Diffusion of knowledge is an area where AI represents a total sea change to analogue beings like us. AIs can simply share weights, transferring an entire body of knowledge and experience to another AI in seconds.
Except that AI definitely would address #2 (worse demographics constrain essentially because we don't have as high a percentage of creative driven young brains in the population but AI will increase that by an order of magnitude) and very likely address #1 (AI that learns from all public knowledge is very likely to diffuse ideas better than humans). So I expect that we will see an explosion of economic growth from AI. Possibly as high as 5-10% real annual world growth.
I see increased market concentration as a big part of the problem. And then there's the fact that "market leaders are much more likely to have political connections and much less likely to innovate." Sounds a lot like certain tech companies these days. They gobbled up all their competitors and no longer have an incentive to innovate.
Maybe the AI jobs apocalypse is just what we need: unemployed office workers whose best option is to start new companies.
I'm against an AI jobs apocalypse, and I don't believe one will happen, but I do wonder if huge firms with thousands of white collar jobs are sucking up all the talent.
Diffusion of knowledge is an area where AI represents a total sea change to analogue beings like us. AIs can simply share weights, transferring an entire body of knowledge and experience to another AI in seconds.
Except that AI definitely would address #2 (worse demographics constrain essentially because we don't have as high a percentage of creative driven young brains in the population but AI will increase that by an order of magnitude) and very likely address #1 (AI that learns from all public knowledge is very likely to diffuse ideas better than humans). So I expect that we will see an explosion of economic growth from AI. Possibly as high as 5-10% real annual world growth.
I see increased market concentration as a big part of the problem. And then there's the fact that "market leaders are much more likely to have political connections and much less likely to innovate." Sounds a lot like certain tech companies these days. They gobbled up all their competitors and no longer have an incentive to innovate.