Google DeepMind co-founder Mustafa Suleyman warns AI is a ‘fundamentally labor replacing’ tool over the long term::Despite today’s AI hype, it’s still a “truly transformational” technology that will replace jobs unless policy steps in, Suleyman said.
And so were the Conveyor-Belt and the Steam-Engine.
Progress in production makes our lives better and raise our standard of living. It also frees up labour for other new Sectors.
The problem is that each of those examples is a single thing. It solved a particular problem and moved jobs away from that one particular task.
But AI is, by definition, general purpose. It doesn’t solve a particular task it solves all the tasks, or at least tries to. So it theoretically removes labor from everything. Which in and of itself isn’t a problem, but society needs to be adapted to deal with the fact that most people won’t have jobs through no fault of their own.