AI is pretty unique as far as technological innovation goes because of how it interacts with labour markets.
Most labour-saving technologies increase the productivity of labour, increasing its value, which generally makes ordinary people a little better off, for a time at least.
AI is different because instead of enhancing human labour, it competes with it, driving down the value of labour. This makes workers worse off.
This problem is of course unique to an economic system where workers must sell their labour to others.
AI is pretty unique as far as technological innovation goes because of how it interacts with labour markets.
Most labour-saving technologies increase the productivity of labour, increasing its value, which generally makes ordinary people a little better off, for a time at least.
AI is different because instead of enhancing human labour, it competes with it, driving down the value of labour. This makes workers worse off.
This problem is of course unique to an economic system where workers must sell their labour to others.