> Imagine the operational benefits: tasks that once required multiple employees and countless hours of human oversight can now be managed autonomously by AI.
The oversight role does not go away, it is even mentioned later in the article as a potential future human job role.
I think we do need to be careful about eliminating lower skill jobs and expecting those displaced workers to jump into higher skill technical roles they likely can’t do. While saving the company money might sound good in the short term, a population without disposable income isn’t going to be able to buy anything to keep the businesses and economy going. If all the companies are relying on consumer debt to solve that little wrinkle, the bubble will eventually pop.
While I don’t know the validity, there is that old story of Henry Ford raising pay and moving to a 40 hour work week. The idea being that people needed money and free time if they were going to buy and enjoy a car. Free time without money doesn’t lead to sustainable spending we can build decades of economic growth on.
al_borland|1 year ago
The oversight role does not go away, it is even mentioned later in the article as a potential future human job role.
I think we do need to be careful about eliminating lower skill jobs and expecting those displaced workers to jump into higher skill technical roles they likely can’t do. While saving the company money might sound good in the short term, a population without disposable income isn’t going to be able to buy anything to keep the businesses and economy going. If all the companies are relying on consumer debt to solve that little wrinkle, the bubble will eventually pop.
While I don’t know the validity, there is that old story of Henry Ford raising pay and moving to a 40 hour work week. The idea being that people needed money and free time if they were going to buy and enjoy a car. Free time without money doesn’t lead to sustainable spending we can build decades of economic growth on.
unknown|1 year ago
[deleted]
scblock|1 year ago
[deleted]