Better, Faster, Cheaper trumps everything in the market. You can't insert "Keeps People Busy" in there, at least not as a selling point for market commodities. Sure, you can put it on the side of the box and hope that people make the connection that your product costs $1 more because production of your product keeps people employed. But it's not going to be a major selling point, nor should it ever be.
Keeping people working seems like a really important thing. If automation or other kinds of innovation puts people out of work, how can that ever be good for society, right? Well, it is. It's just worded wrong.
Putting people out of work is a good thing in the long run. It's painful and uncomfortable for the people who lose their jobs. Individual stories can be downright heartbreaking. People who worked 20 years in a particular industry might have a difficult time transitioning, for example. Society says we must do something. And the obvious solution is to prop up the industry or otherwise interfere with the heartless transition away from their livelihood.
If only young people lost their jobs as a result of innovation, there wouldn't be as much of an outcry. So, I get it.
AmazonGo Frees Labor in the Retail Industry:
Historical jobs that no longer exist:
At the end of the video, Joe wants to what weird jobs we currently do today that people in the future will automate? I think we can figure that out with the following example ...
Prediction on AI Freeing Labor in the 3D Industry:
One of the conclusions in the previous video was, "AI wasn't the end of chess. It was good for chess." In that video, he points out how some ideation workflows replace manual workflows. You could characterize it as automation replaced people. But you could also look at it slightly differently. Instead of having to spend time on ideation, people spend time picking good ideas. Does it mean you can get by on fewer people? Perhaps. Or, it means you can route the talent better.
If you have talent that is only good at producing lots of ideas and not actually picking the good ideas, that talent might become redundant over time.
Automation definitely puts people out of work; starting with children and the elderly.
A couple of hundred years ago 95% of people were farmers; now 95% of people aren't farmers.
I've yet to see even the most ardent luddite digging holes in his garden with his bare hands, yet shovels and AI are on the same continuum.
Excellent point.
Btw inertia have you heard of Andrew Yang? Now, don't get me wrong I don't think he stands a chance but it's interesting to see what is creating traction.
Basic Income's Bad, Umkay?
Every time I think of AI there's this Dystopia future in my head. I don't think its bad that you use AI for certain things. But we really have to be careful. I think at some point AI is everywhere and we might... get fucked by it.
Most likely it's already too late. Humans have to figure out there shit before implementing such huge steps.
But hey, lets see.
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