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amayne | 1 year ago

Original author here (not ChatGPT):

My claim is that H&R Block would replace all their workers for more efficient AI if it was more profitable. Then they would re-invest that money in the most productive way they can – other companies, etc. This is the same strategy as Apple, Microsoft and other companies do with large amounts of cash.

I don't claim H&R Block would be directly creating new jobs. They would try to maximize profit by investing their profits and diversifying.

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elicksaur|1 year ago

Why would H&R Block even exist? In this AI-maximalist version of the future, I could just spin up my copy of Llama 25, and it’d do my taxes in seconds. Pennies to the local utility board for the energy. Not much value circulating in the economy to be reinvested anywhere.

amayne|1 year ago

Eventually that will probably be the case.

The future isn’t a fixed point. But before then H&R Block (or a company like them) will probably shift to AI. Then eventually your AI will mean you don’t even need them.

The disruptors will get disrupted.