Someone needs to maintain and setup those efficient brand new looms. All I hear from AI is the promise that managers and owners will no longer need creative and managerial workers.
As many people as were employed as artisans? — are the new jobs on average as good as artisanship?
Or so we displace 9/10 workers to worse or no jobs while 1/10 gets a valuable one?
My understanding of AI is that it’s likely to represent the same 90:10 split — where some people operate those new AI systems, but most people are displaced to intellectual assembly lines. (Or unneeded, entirely.)
Counterintuitively, yes! Automation unlocked the birth of a worker class that could now afford the products made by automation, producing a virtuous spiral of growth. AI is breaking everybody's social compact. The workers' labour is used as training with nothing given back and the owners' consumers are unemployed giving you no market for your goods.
