I started to get more curious on this, especially beyond the obligatory “genAI will do everything.”
What are your thoughts on societal impact.
As I see it currently: knowledge work is (surprisingly?) the first group of people seeing massive job losses and replacements from work. In the past “knowledge” was a scarce resource, now the AI delivering knowledge will become the sparse resource. So people owning / hosting it can sell it and make lots of money-> in the current setup this means the few rich in AI will get richer.
In addition letting money work for yourself will also stay (investment) so again rich people will become richer.
Interesting is the question about physical labor. The economics of pushing atoms in the physical world is nowhere near the economics of pushing electrons (bytes), so if you are not part of group 1 (entrepreneurs) or group 2 (investors), doing physical work is something that will earn you some money (I also expect care work to stay, since people will probably prefer for a long time to have humans care for them).
But this means that still group 1 and 2 will be the big winners, paying some money to group 3.
Where do you disagree? Where do you see a different outcome? I’m curious to learn about your thoughts
