Comment by figers
10 days ago
You'd think we would see a large spike in unemployment if AI was reducing the number of employees needed for jobs the way these CEO talk about AI replacing people...
10 days ago
You'd think we would see a large spike in unemployment if AI was reducing the number of employees needed for jobs the way these CEO talk about AI replacing people...
In a free market, there are many competitors, new startups, companies and teams may be created, but the general trend is that fewer people are needed to produce a product as productivity increases. A few years ago, a programmer would look for a front-end programmer and vice versa, but now it is not an obvious issue because they can almost work full stack for their small projects.
Yes I was referring to the scale of replacement these CEOs are talking about because of AI.
What you describe makes sense and has always been the case with new technology overall