Will the proliferation of affordable AI decimate the middle class?
marginalrevolution.com
marginalrevolution.com
This doesn't have to be a problem if a country has welfare system mechanism to cope with redundant workers, giving them a line to hold onto until they can re-adjust to the new reality.
The problem is when you combine rapid technological progress with small government dogma. That creates a toxic combination where the only winners are the rich.
This is unfortunate because when you setup a society this way it causes large fractions of the population to fight technological advancement, free trade and immigration.
I think the %1 have to to realize that if people are going to buy into their desired free trade and technological upgrades, then you got to offer something in return. Taxes stuffed away in Panama isn't an acceptable answer to most people ;-)
If this is where the problem lies, then I doubt people will hold to their anti-welfare beliefs once there is widespread joblessness.
In a democratic society, people should be expected to eventually vote for their own benefit.
...only if solar powered Santa Claus machines don't come along first I suppose...
I think a bigger military, bigger IRS, bigger police departments, bigger spy agencies, bigger BLM, bigger reserve banks will be a more toxic combination where the only winners are the rich.
So no, you don't get to dismiss "small government" as dogma.
People ought to be allowed to maintain their own livelihoods and not interfered with by government, through excessive taxation going to the military, confiscation of cash while travelling, confiscation of real estate property by being the premise of a crime, be spied on, have their cows taken, have their bank deposits "bailed in" - even if there is widespread automation reducing the number of jobs.
People who cannot afford goods and services in the automation economy will be able to serve each other. And then they will always be employed this way.
I have no position on welfare in this future, as I have not seen it yet.
In my experience, ML models, even the best deep convnets and such, are still extremely "finicky" by human standards, in the sense that small or human-insignificant changes to the input vector can cause large-scale changes in the output classification/regression. Cool demos with video-games need to be run past some industrial automation experts before we go around proclaiming them to be the harbingers of industrial AI!
Sure, it's free to access open-source AI tools.
However, only huge corporations have enough capital to first build these ground-breaking technologies.
Being the first, it becomes almost impossible to compete at a later stage ("Thiel's aim for a monopoly").
There are very few examples where it doesn't happen. I can only think of Torvalds\Linux and Wikipedia.
2. Startup or established company, it doesn't matter so much who does the displacing as much as who is getting displaced: either way, the argument contends that vast swathes of the middle class will be adversely affected.
Much better articulated here by Doug Rushkoff that I ever will be able too - https://www.youtube.com/watch?v=87TSoqnZass
Many applications from recommender systems, to market analysis to drug discovery probably require large datasets of the sort that can only be collected by a large business.
But if you want to learn control polices for robotic agents that navigate the physical world, driving cars, stocking shelves, etc. then I think the physical world is presenting everyone with approximately the same data set regardless of company size.
To "decimate" is to reduce by only 10%.
Rage, rage against the dying of the light!
The meaning may be obscure and obsolete, but the word does mean something specific.
Rather, I'm sure Caesar used the appropriate conjugation of the Latin verb "decimō".
Two separate, but related, words. With two separate, but related, meanings.
The argument that's the traditional usage is more useful is stronger, but not obviously correct. It's more specific, and doesn't have tons of synonyms, but in the age of clickbait headlines, maybe another version of "destroy" is more useful than an oddly specific "eliminate 10% of".
Literally now also literally means figuratively/virtually. Etc etc...
That (along with immigration) explains the rise in income inequality in the US. If you have marketable skills you benefit from access to larger consumer markets. If you don't, though, you suffer from access to large pools of unskilled labor.
The ruling classes sure would prefer it if those things were swept under the carpet and sci fi super robots took the blame instead though.