Comment by jvanderbot

The "TAM as all white collar labor" thing looks good on paper. But AI companies don't need to really capture much labor to be fantastically profitable.

If we all delegate 20% of our work, and 20% of our salary for that 20% (e.g., 4% of our salaries in exchange for 20% of our jobs being automated), we get easier jobs and the AI labs supplant the existing tech moguls for revenue, with 1000x $/employee profits. That's just one scenario.

https://jodavaho.io/posts/ai-jobpocolypse.html