• slazer2au
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    20710 months ago

    That seems like a Q3 issue for 2026 let’s put the conversation off till then.

    /s

  • @TheFeatureCreature@lemmy.world
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    16210 months ago

    Capitalism is all about short-term profit. These sorts of long-term questions and concerns are not things shareholders and investors think or care about.

    Further proof of this: Climate change.

    • @Thorny_Insight@lemm.ee
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      10 months ago

      These sorts of long-term questions and concerns are not things shareholders and investors think or care about.

      Well that’s not true at all. The vast majority of investors are in it for the long run.

    • @Blubber28@lemmy.world
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      010 months ago

      Yup, economics are all about “LiNe mUsT gO uP!!!” It’s infuriating as all hell for people that can actually see further than the tip of their own nose.

  • @Damage@feddit.it
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    6410 months ago

    Pathogens don’t really think of what will happen after the body they’re abusing dies

    • @Ragnarok314159@sopuli.xyz
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      110 months ago

      They kind of do. (I am so sorry, not trying to be that guy).

      Look at HIV. The original strain is horribly deadly, but the strains that have evolved within the last decade are much more tame. It’s because the virus that kills its host doesn’t get to spread - Zombie outbreaks excluded here.

      The flu is the same way. New strains always emerge, but they are usually not fatal to most even without a vaccine.

  • @morphballganon@lemmy.world
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    3010 months ago

    Don’t think of people having money as an on-off switch. It’s a gradual shift, and it’s already started, before AI was a thing. AI is just another tool to increase the wealth gap, like inflation, poor education, eroding of human rights etc.

  • @Danquebec@sh.itjust.works
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    10 months ago

    This is a common question in economics.

    It’s called technological unemploymemt and it’s a type of structural unemployment.

    Economists generally believe that this is temporary. Workers will take new jobs that are now available or learn new skills to do so.

    An example is how most of the population were farmers, before the agricultural revolution ans the industrial revolution. Efficiency improvements to agriculture happened, and now there’s like only about 1% of the population in agriculture. Yet, most people are not unemployed.

    There was also a time in England when a large part of the population were coal miners. Same story.

    Each economic and technological improvement expands the economy, which creates new jobs.

    There’s been an argument by some, Ray Kurzweil if I remember correctly, but others as well, that we will eventually reach a point where humans are obsolete. There was a time when we used horses as the main mode of land transportation. Now, this is very marginal, and we use horses for a few other things, but really there’s not that much use for them. Not as much as before. The same might happen to humans. Machines might become better than humans, for everything.

    Another problem that might be happening is that the rate of technological change might be too fast for society to adapt, leaving us with an ever larger structural unemployment.

    One of the solution that has been suggested is providing a basic income to everyone, so that losing your job isn’t as much of a big problem, and would leave you time to find another job or learn a new skill to do so.

    • @barsquid@lemmy.world
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      1510 months ago

      A major problem is all the money from these increases in efficiency go to a handful of people, who then hoard it. A market economy cannot work with hoarding, the money needs to circulate.

      • TheRealKuni
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        110 months ago

        A market economy cannot work with hoarding, the money needs to circulate.

        The money is life. The money must flow.

  • BarqsHasBite
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    10 months ago

    Capitalism doesn’t look that far ahead.

    I agree it’s going to be problem. It’s already happened when we exported manufacturing jobs to China. Most of what was left was retail which didn’t pay as much but we struggled along (in part because of cheap products from China). I think that’s why trinkets are cheap but the core of living (housing and now food) is relatively more expensive. So the older people see all the trinkets (things that used to be expensive but are now cheap) and don’t understand how life is more expensive.

  • kingthrillgore
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    10 months ago

    They won’t, they’ll simply die and the market will slowly adjust to those with capital.

    This is all happening because we shot a gorilla in 2016 btw.

    • @Zron@lemmy.world
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      210 months ago

      Don’t forget your sacred duty boys, dicks out for Harambe.

      It’s the only way to fix this fucked timeline

  • @ZILtoid1991@lemmy.world
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    1910 months ago

    In theory, UBI.

    In practice, it will likely lead to periodic job market crashes due to overapplying to the remaining jobs, and possibly even revolts.

    If AI is really as good as its evangelists claim, and the technology ceiling will rise enough. IMHO, even the LLM technologies are getting exhausted, so it’s not just a training data problem, of which these AI evangelists littered the internet with, so they will have a very hard time going forward.

    • @exanime@lemmy.world
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      310 months ago

      There is zero chance any UBI model would keep the economy going in a mass layoff scenario UBI may keep people alive for a short while (few years) getting the basics needs but that’s as far as it would go.

      In practice, it will likely lead to periodic job market crashes due to overapplying to the remaining jobs, and possibly even revolts.

      This is likely the mildest of outcomes

      If AI is really as good as its evangelists claim, and the technology ceiling will rise enough. IMHO, even the LLM technologies are getting exhausted, so it’s not just a training data problem, of which these AI evangelists littered the internet with, so they will have a very hard time going forward.

      100% agreed. AI evangelists overhyped “AI” to get companies to commit more money than it’s worth through FOMO. Exact same way CVS lost its panties to Elizabeth Holmes

      • @daniskarma@lemmy.dbzer0.com
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        2110 months ago

        Due some special circunstances a few years ago I was one year without a job and without the need to find a job because I had my finances and laboral future secured. At no point I was without anything to do. I just did a bunch of personal projects that were not driven by money but for my own enjoyment and the need to create some things. Also did a lot of exercise and took on trekking.

        I could live all my life like that if I needn’t a job for sustaining myself.

      • @barsquid@lemmy.world
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        1510 months ago

        I wonder if there are ways for people to find meaningful things to do other than being forced to work in order to be housed and fed?

      • @franglais@lemm.ee
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        1510 months ago

        It’s only fools and the rich who pedal the narrative that a whole section of society would turn into lazy slobs, do nothing except watch TV.

        • @Ragnarok314159@sopuli.xyz
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          410 months ago

          Some people would, but who cares? Oh no! You mean people are sitting in a home watching TV and being with each other? How incredibly horrible.

          I bet people would also be disgusting cretins and go see new places as well! Imagine the vile critters walking through the woods seeing nature without burning vacation days making the rich even richer!

        • TheRealKuni
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          210 months ago

          It’s only fools and the rich who peddle the narrative

          FTFY

  • @Duamerthrax@lemmy.world
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    1610 months ago

    Corporations, especially publicly traded ones, can’t think past their quarterly reports. The ones that are private are competing with the public ones and think following trends by companies that are “too big to fail” will work out for them.

  • @Buddahriffic@lemmy.world
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    1310 months ago

    I see three possibilities if AI is able to eliminate a significant portion of jobs:

    1. Universal basic income, that pays out based on how productive the provider side was per person. Some portion of wealth is continually transferred to the owners.
    2. Neofeudalism, where the owners at the time of transition end up owning everything and allow people to live or not live on their land at their whim. Then they can use them for labour where needed or entertainment otherwise. Some benevolent feudal lords might generally let people live how they want, though there will always be a fear of a revolution so other more authoritarian lords might sabotage or directly war with them.
    3. Large portions of the population are left SOL to die or do whatever while the economy doesn’t care for them. Would probably get pretty violent since people don’t generally just go off to die of starvation quietly. The main question for me is if the violence would start when the starving masses have had enough of it or earlier by those who see that coming.

    I’m guessing reality will have some combination of each of those.

    • @Ragnarok314159@sopuli.xyz
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      510 months ago

      In the USA, it would be option 3 all the way. We would see three classes: Mega Rich, the warfighters of the mega rich, and then the rest of us left to starve.

      They wouldn’t just pull the plug and leave us to our own devices, they would actively destroy farming equipment and industry to make sure life is awful

      • @Buddahriffic@lemmy.world
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        310 months ago

        I’m not even sure it will be 3 classes because having a soldier class risks them deciding to just take over. This is one of the real dangers of AI, they won’t have any issue going into an area and killing everything that moves there until they are given an encrypted kill command. Or maybe the rich will even come in with an EMP (further destroying what infrastructure is left) and act like they are the heroes while secretly being the ones who give the orders to reduce the numbers in the first place.

        Worst part is the tech for that already exists. The complicated kill bot AI is getting it to discriminate and selectively kill. I remember seeing a video of an automated paintball turret that could hit a moving basketball with full precision 20 years ago. Not only that, it was made by a teenager (or team of teenagers).

  • @markr@lemmy.world
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    1210 months ago

    Everyone will be working multiple shitty service jobs that robots are not cost effective to automate. Our miserable wages will be just sufficient to keep the wheels on the cart from falling off.

  • @marcos@lemmy.world
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    1210 months ago

    AI owners will.

    And if you then go around wandering “oh, but not every AI builds something those few people want”, “that’s way too few people to fill a market”, or “and what about all the rest?”… Maybe you should read Keynes, because that would not be the first time this kind of buying-power change happens, and yes, it always suck a lot for everybody (even for the rich people).

  • @EABOD25@lemm.ee
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    1210 months ago

    I’m an optimist, so I’ll believe one day we’ll have a utopian society like in Star Trek. I ask politely you don’t criticize me too harshly

    • ZephrC
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      710 months ago

      Hey, that’s a reasonable thing to hope. The flip side, of course, is that I’m hoping I don’t have to live through Star Trek’s idea of how the 21st century goes. They definitely got all of the details wrong, but I’m afraid the vibes are matching a little too well.

      • @Infynis@midwest.social
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        510 months ago

        Hey, we’ve still got 2 months to the Bell Riots, and DeSantis was talking about putting all the homeless people in Florida on an island

    • @bobs_monkey@lemm.ee
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      410 months ago

      While I agree, I’m skeptical that we’ll see any meaningful advance toward that end in our lifetimes.

    • @abbadon420@lemm.ee
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      210 months ago

      I think it’s as relistic a future as the complete destruction of mankind, but your point of view makes life a lot more enjoyable. Here’s a nice quote to back it up:

      “There is nothing like a dream to create the future” - Victor Hugo