Coming?
Recent reports show it is already happening but we can't measure the impact yet. Those benefitting, meaning the money interest behind it, will minimize the numbers to ensure complacency. Those worried about it might inflate the numbers through ignorance.
What happens next?
Here is a little story that wonders about that, with an informed view based on past experience. It has a paywall.
https://www.washingtonpost.com/opinions/2024/04/29/ai-professional-class-low-skill-jobs/
Here is a snippet from that piece:
As a Bloomberg News headline put it in February, “AI Is Driving More Layoffs Than Companies Want to Admit.” And though the numbers aren’t enormous — Bloomberg cites one source that found 4,600 AI-related layoffs during the previous nine months — that’s a pretty big number considering that ChatGPT was released to the public only in November 2022. It’s going to get bigger still.
...
But if so, we are also likely to see a revolt of the educated people who are losing ground, similar to the revolt that led the working class to embrace protectionism — and Donald Trump. Or at least that’s how it seems to me when I try to imagine the upper middle class offering their own kids the advice they’ve so liberally dispensed to working-class men: “I’m sorry, but the jobs your parents had aren’t going to be around, and it’s time to face reality and look for steady work in food service or a warehouse.”
“I’d be fine with that!” some educated parent will inevitably write me, “as long as they have good health insurance and a strong social safety net.” I applaud those public-minded people, but, realistically, I doubt they’re the majority. For most upper-middle-class families, I expect there will be a lot of outrage and fear, and demands that the government do something to help them maintain their position and pass what they have onto their children.
Happy Reading,
J.W. Gant
PS The world's richest man recently declared all work will be eliminated for AI.
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