Would someone be willing to provide a brief summary for those who cannot watch the video at the moment?
Speaker also argues that we should focus on leveraging ML-human collaboration to surpass human performance, instead of falling into a "robots will replace us" narrative
I didn't watch the full video, so I am only responding to your summary. These kinds of sentiments, where technologists profess that technology will always make everything OK, while not at all addressing how our current economic system will fail large swaths of our society if automation comes to fruition (beyond "new jobs will come up!" or "ignore the luddites!") strikes me entirely as a "Let them eat cake" attitude.
Here's a thought experiment: What would happen if, by the end of 2019, true, 100% self-driving cars became a reality. I know this is not going to happen, but it no longer seems a far-fetched fantasy. In the US, driving is the number one job for the majority of states. What are all of these people supposed to do, become self-driving car programmers?
I am a big believer in technology but I am very worried for the future of society.
In the "let them eat cake" scenario, those people will have plenty of free time to stage a revolution and take their piece of the cake by force. Below the threshold of civil war, you get a Wild West where armed bandits hold up trains of self-driving trucks and loot them, creating a thriving job market for security guards protecting the trucks.
Of course both of those scenarios are highly undesirable, so it's more likely that some kind of tax will be introduced to take automating jobs from extremely profitable to barely profitable, with the proceeds used to pay for unemployment benefits and retraining for the displaced workers. (With the amount of retraining depending on how many other jobs haven't been automated yet.)
That said, some people are going to see their standard of living decrease without any way to escape. Such people have existed since forever, and they usually end up homeless if not dead. Automation doesn't create any new problems in that regard, it just makes them large enough that they can no longer be ignored easily.
I can only imagine what you’d write at the time when first cars came to be or combustion engine ...
Your position is evidence for the power of propaganda.