AI and jobs
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Geoffrey Hinton, the so-called “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits.
“What’s actually going to happen is rich people are going to use AI to replace workers,” Hinton said in September. “It’s going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer. That’s not AI’s fault, that is the capitalist system.”
Ive seen so many of these types of commentaries on the internet predicting a jobless future- tech fantasies from the likes of Musk and co. Little or no consideration is given to the point that if employment falls to near zero, workers aren’t gonna have the wages to buy the stuff that the system is trying to sell them.
Does anyone seriously believe capitalism is gonna commit Harakiri?
Apparently, yes…
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