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Comment by vagabund | Hacker News Reader

How long before we see a material impact on GDP?

It seems like basically every knowledge worker can and will augment their workflows with this tech.

Great question. The answer might be not that soon, and the effects will be confusing. Search "Solow paradox," "productivity paradox," and "IT productivity paradox," and you'll encounter a long debate in economics and management research about the role of computers and ICT spending in productivity.

> It seems like basically every knowledge worker can and will augment their workflows with this tech.

Alternately, 1/10 will be able to adapt to becoming cyborgs responsible for handling the same workload, while 9/10 get laid off

> Alternately, 1/10 will be able to adapt to becoming cyborgs responsible for handling the same workload, while 9/10 get laid off

Somehow, vastly decreasing the cost per unit output for the work won’t increase the market clearing quantity?

Depends on the market demand for knowledge work resources. Knowledge work mostly optimizes how well actual resources are produced and delivered to the consumer.

Not necessarily, increasing offer can increase demand. Look at the cheap burger you're having.

You greatly overestimate worker's ability / desire to learn.

A whole lot of us learned how to use the Internet, cell phones, etc. I bet a lot of folks will easily take to an AI/LLM they can converse with.

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