Of course, such situation is only temporary - if I can suddenly be 10X productive, then so can everyone else, and then the baseline shifts so 10X is the new 1X.
Of course, such situation is only temporary - if I can suddenly be 10X productive, then so can everyone else, and then the baseline shifts so 10X is the new 1X.
If they have any surplus of money (or loans) they'll try, so those 9 employees may end up becoming team leads or middle management, trying to start new initiatives to get the 10x expansion (and 100x improvement).
The market isn't anywhere near efficient enough to directly translate productivity improvements into labor reductions. Thankfully, because everything that's nice and hopeful and human lives within the market inefficiency; a fully efficient market would be a hell worse than any writer or preacher ever imagined.
I’ve seen a number of your posts where you talk about topics you clearly are not all that well versed in, with such confidence when you’re plain wrong.
> I’ve seen a number of your posts where you talk about topics you clearly are not all that well versed in, with such confidence when you’re plain wrong.
I'm sure it's true. However, since you brought it up, can you be more specific and name three?
The typical work week today is 40 hours. Just like it was 80 years ago. The typical worker is dramatically more productive than 80 years ago yet "doing whatever the fuck I want" time has not increased. Why would it? Employers don't need to pay such that 20 hour work weeks give you the same income. Because everybody around you is ok with working 40 hours.
This won't be different with AI, no matter if the overall effect is 1.1x or 10x or 100x productivity. Because it's not a technological problem but a sociological one.