Earth for humans, not machines, not AI
Once sector of the economy would cut down on investment spending, which can be easily offset by decreasing the interest rate.
But this is a short-term effect. What I'm worried is a structural change of the labor market, which would be positive for most people, but probably negative for people like me.
I don't mind losing my programming job in exchange for being able to go to the pharmacy for my annual anti-cancer pill.
But, what happens when you lose that programming job and are forced to take a job at a ~50-70% pay reduction? How are you paying for that anti-cancer drug with a job with no to little health insurance?
Any disease cured/death avoided by AI yet?
I don't think it is "bad" to be sincerely worried that the current trajectory of AI progress represents this trade.
The likelihood of all that is incredibly slim. It's not 0% -- nothing ever really is -- but it is effectively so.
Especially with the economics of scientific research, the reproducibility crisis, and general anti-science meme spreading throughout the populace. The data, the information, isn't there. Even if it was, it'd be like Alzheimer's research: down the wrong road because of faked science.
There is no one coming to save humanity. There is only our hard work.
How exactly do you wish death comes to you?
Have you looked at how expensive prescription drug prices are without (sometimes WITH) insurance? If you are no longer employed, good luck paying for your magical pill.
there is some improvements in some benchs and not else worthy of note in coding. i only took a peek though so i might be wrong
But yeah, you are correct in that no matter what, we're going to be left holding the bag.