Comment by samrus
15 hours ago
> The more AI causes productivity increases, the less and less number of workers will be needed
This might not necessarily be true. Increased efficiency creates induced demand to the point where more workers are needed. Because the new capabilities unlock more value to extract and the economy rushes in to get it. The steam engine is a huge example of this
I dont exactly know what new value genAI will unlock but i think its more likely than not
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