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multicast | 2 years ago
Every industrial revolution and its resulting automation has brought not only more jobs but also created a more diverse set of jobs. Therefore also new industries are created. History rhymes, the ruling fears in such times have always been similar. Claims are being made but without any reasonable theories, expertise or provable facts (e.g. Goldman Sachs unemployment prediction is absolute bs). This is even more true when such related AI matters are thought about in more detail. Furthermore, even though employing tens of millions of people probably, only a few industries like content creation, movie etc. are affected. The affacted workforce of these industries is highly creative, as they are being paid for their job. The set of jobs today is big, they won't become cleaning staff nor homeless.
This technology has also to proof itself (Its technical potential is unlimited but financially limited by the size of funds being invested, and these are limited)
Transition to the use of such tools in corporations could take years, depending on the type and size and other parameters. People underestimate the inefficiencies that a lot of companies embody - and I am only talking about the US and some parts of Europe here. If a company did their job for 2 decades the same way, a sudden switch does not happen overnight. Affected people have ways to transition to other industries, educate themselves further and much more. Especially as someone living in the west, the opportunities are huge. And in addition, the wide array of different variables about the economy and the earth, and everything its differing societies are, comes into play: Some corporations want real videos made by real people; Some companies want to stay the way they are and compete using their traditional methods; Corporations are still going to hire ad agencies - ad agencies whose workflow his now much more efficient and more open to new creative spheres which benefits both customer and themselves. They list could go one endlessly.
Lots of people seem to fear or think about the alleged sole power OpenAI COULD achieve. But would that be a problem, would "another Alphabet" be a problem? Hundreds of millions of people benefited and are benefiting today from their products. They have products that are reliable and work (This forum consisting of tech experts is a niche case, nearly all people don't care at all if data on them is being used for commercial purposes). Google had a patent guaranteed monopoly on search. But here we have: an almost non patented or patentable market, an open source community, other companies of all sizes competing, innovation happening and much more. It is true that companies like OpenAI have more funds available to spend than others, but such circumstances have always driven competition and innovation. And at the end of the day, customers are still going to use the best product they have decided to be so.
I know I may be stating the obvious but: The economy and the world is a chaos system with a unpredictable future to come.
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