I mean, maaaaaybe a Jevon's Paradox kicks into play with human labor and replacing people with robots somehow creates even more jobs, but whenever someone says this your immediate response should be: "ok, now put your money where your mouth is and bet on it by strengthening the social safety net."
This assumes sufficient jobs. We have been below replacement jobs for a long time but we made up the difference with Bullshit Jobs. Now we might even be running out of those.
I’ve only read the article, not the full book, but I’m not sure I buy the premise.
Maybe we can’t see what the new post-AI society looks like yet, but I tend to believe society progresses as it evolves.
It doesn’t mean it won’t be rocky for many people, and good social safety nets will make this easier, but I generally don’t think there will be some kind of dystopian future where society runs out of work to do for humans.
Everyone kinda ignores that you can now generate that text in any language at a whim and it will do a far better job than previous translation programs. What a huge improvement in efficiency.
If the bullshit job is really bullshit by design and is intended to solve unemployment crisis, then LLMs will not threaten them. There will be a new kind bullshit job to plug the new hole in the resource allocation algo.
They're by structural design but no individual employer thinks they're making a bullshit job. It's a bit like how every vendor sets prices but really, the federal reserve does.
