Working in the field I think there is two things AI will make an impact on:
Going after low skill white collar work (basically further automation of semi-skilled labor)
Being an excuse to undercut high-skill white collar labor wages.
However, I suspect we’ll get a lot of the issues we saw with “outsourcing” where the end result is businesses pursuing cheaper outputs without concern for quality.
It’s an interesting idea. If their thesis is true, it might cause compression of the income range.
Working in the field I think there is two things AI will make an impact on:
However, I suspect we’ll get a lot of the issues we saw with “outsourcing” where the end result is businesses pursuing cheaper outputs without concern for quality.