Comment by forgetfulness
19 hours ago
I simply don't believe that there is an infinite demand for the kinds of things that can be done by generating text.
How many insurance policies does anyone need to contract, how much legal advice does anyone need to hear, how many movies does anyone need to watch, and how much software does must support that demand, so that everyone can stay employed in an AI accelerated service sector?
The new opportunities could well be that labor costs go down so much that the minimum wage is lowered and sweatshops return to developed countries.
I'm sure some aspiring sweatshop owners could be excited by that possibility, I don't think a lot of software developers or TV show writers are eager to be sewing sneakers for a pittance.
We already live in a world where supply would greatly outstrip demand if we weren't constantly being convinced (or convincing ourselves) to spend money on services we don't need. The only real lack of supply is around things like housing and food as far as I can tell, which is curious considering how long those problems have been around.