We'll have to introduce a Universal Basic Income tied to, and slightly above, the official poverty line, and then index it as the cost of living goes up.
I follow it quite thoroughly every day and so I am very aware of the exponential curve we are on. If you think linearly like we have for decades and centuries you miss the picture. Linear growth is slow. I talk to most people and they think that I am crazy. They will see soon enough. The biggest problem is "change" itself. People as a general rule don't deal well with change. It frightens them and they usually catastrophize about what might happen. That will likely be the only problem that I see.
@@marcsmarketforecasts1186 Same. I stopped talking about it except to immediate family and a few friends who understand what is happening. The other people think I'm nuts, even though I have the technical background to understand all this. I feel like Rowdy Roddy Piper in the movie They Live. You'll know what I mean if you saw it. No spoilers.
2:25 and also 7:00 the focus is on the effect of getting rid of the human workforce on the company, but not the effect of getting rid of the human workforce on the workforce. This is reflected throughout the video. There are also voices out there talking about and very concerned for the latter. Worth including in a video like this or a separate video.
That's actually a good question. I'm wondering about some social credit score (not nec. China's version), where good deeds, volunteering, etc. might score opportunities? otherwise it's maybe "I'm on the waiting list" for a condo on the beach?
I was thinking the same thing, we’re looking at Soviet-style buildings (but better) for the masses, nice mansions for the tech elite. In which case you can expect violence.
@ This part of the issue with the AI space is some of these people are deeply delusional about the hellworld they will help usher in. I am bullish on AI but this type of person is dangerous
So as a corporate CEO using AI to replace my workers, I have no reason to make my products any cheaper. Instead I’ll take the excess profits and use them to purchase political influence to further my personal wealth and power.
Once labour costs go towards 0, ever increasing, the wealth will go to the top more and more and the middle class shrink quicker than ever. (Because why would a big company employ an expensive salary person if they can get the job done with less) This implies that vastly more people will be out of work and virtually unemployable. This in turn puts enormous pressure of Goverment welfare. People will not be able to pay their bills and defaults start. When defaults start, the government usually prints money. But this drives inflation. The govt has less taxation income further embedding the problem. Big companies have their taxes minimised be offshoring , so car little counterbalance there. Debts continue to soar making the great depression look positively wonderful by comparison. People will stop building houses or renovating because they can’t afford to. That means builders, suppliers etc have a major hit. Debt and ownership are going to be concepts that will need to be re thought. Wars would usually break out when economic conditions become like this. But Ai will be able to deal with this. Who becomes in charge? Likely large companies. It’s a mess ! That’s just one small facet to be considered…
Would Econ 101 have prepared us for the AI Tech bro robber barons who stole troves of data and intellectual property so they could make billions off of it? Would Econ 101 prepare us for a tiny fraction of the population creating tech to replace humans with superior intelligence?
I have some questions on this topic: 1. Who feeds the AI models? 2. What is the cost of feeding the AI models (both economically and in terms of environmental impact)? 3. If we all are going to lose our jobs... who is going to buy the products needed to feed the Capitalism System (Borroughs is coming to my mind...)
Nope. Elon said UBI wldnt be necessary as we will all be wildly wealthy. He didn't explain how. Most people will lose their jobs. AI takes Huge amounts of electricity and water. So no water, regular blackouts, no jobs, no money- yeah really smart future.
Btw if anything can be cheaply produce with ai and robots. I think it can cause hyper deflation. I don't think the current economy system is ready for this.
No economic system isn't ready for AI. But it will never be ready for it. The old economic system will be gone, Resource based economy will be the new way . Along the Venus project by Jacque Fresco had a vision many years ago and parts of his ideas will probably be Implemented. Some of his theories are a little too controlling for all to grasp. But when the general public see the benefits for humanity. Everything free abundance for all. Humans will be able to pursue what they want without the barriers working to provide the essentials of life.
I wonder what AGI will do when it realises how vulnerable it is to solar EMP´s. Will it drop everything and first assure its own survival at all cost? How will that pan out ? (thinking of Yudkowski´s paperclips)
I think we’ll need to establish universal basic income by taxing the businesses at 98%, think about it we can’t have all the businesses and capitalism in the United States have no employees while robots and AI do all the jobs while they raking all the money while everybody else is pissed poor broke
I went with a piano to a hospital for retired people, played some music from Chopin, to Tchaikovsky, Debussy, Fauré, and some jazz music. I went there as a benevolent a few times during 6 months. I remarked that while some of the people under care appreciated these music, the project didn't interested the managing staff maybe overbusy. I can imagine that if a robot had played music, it would have been acknowledged as a nice event by the staff.
Before AI they told everybody to learn coding for job protection. Now they’re saying plumbing might be good job protection. If they were wrong then how do we know they won’t be wrong again 🤷🏽♂️
Are you sure? I can think of a few jobs that seem AGI proof. Anything in sports for example? Since we don't watch computers play chess, I mean. I also wonder if working in a café might be something we coukd still do? Or restaurants. Sure, most of them would have robots, but there should be a marked for old fashioned restaurants where the waiters and waitresses are actually humans. People still read old school books, even if the e-book market exists, so anything that is associated with a unique feeling might still have a market. Then there is singers and artists. Like with athletes, I don't think AI will replace them easily. Singers and idols are usually not followed by fans for their songs alone. People are interested in their lifestories and who they are as people. As for artists, any form of art that says something about the human experience can't really be replaced by AI. Sure, an AI can know everything about us, but it is not human. At least not until we merge with it. This should leave room for artists to keep making art alongside and also by utilizing AI. I am sure I could think of more, but these are allready a good list of examples.
@@LoreFriendlyMusic even if some jobs might have AGI proof that doesn't mean the headquarters for that job will be. The headquarters from the job could get impacted by AGI which might cause headquarters to lay off people from the AGI proof job. If AI affects headquarters, employees may be let go for a number of reasons. Automation of Tasks: AI has the potential to eliminate the need for some roles by automating tasks that were previously completed by workers. Efficiency Gains: AI can lower the requirement for a big workforce by streamlining operations, which can result in labor reductions. Cost-Cutting Measures: Layoffs may be necessary to offset the investment if AI technology is implemented as part of a larger cost-cutting plan. Restructuring: The use of AI may result in organizational reorganization, which may include the elimination of some positions. Focus on Core Competencies: AI may allow businesses to eliminate or outsource non-core operations, which could result in layoffs in such areas
If I'm subsisting on UBI and we're heading towards "intelligence too cheap to meter" -- which, if true, undermines the value proposition of continuing education/training -- how am I supposed to better my lot in life?
Humanity confuses work with meaning. Work isn't meaning, work is just drudgery. Ask any retiree and they will tell you they go through stages: 1. Joy as they explore their dreams 2. Boredom as they either finish these ultimately unfulfilling dreams or never start due to lack of funds 3. Search for meaning - true meaning comes from things that improve yourself and others. They explore hobbies, build relationships with family and friends, perform service, etc. 4. Those that either didn't pursue the search for meaning, or could't get outside themselves enough to find it, end up in this stage: depression and a desire to fill their lives with drudgery to make the clock spin faster. These people return to work until they die. I suspect many new jobs will open up around finding meaning in ones life and helping others. I honestly think it has the potential to be so much better than we have it today, when we no longer work to survive, but work to thrive.
The people of the west need to remember we mostly live in democracies and not corporate oligarchies or, at least, that's the idea. The powerful are increasingly trying to convince you to accept small government but government is how our democratic wishes are implemented by our representatives or, at least, that was the idea. Productivity has already gone through the roof since WWII but, while there were initial gains for the general public in the first few decades after the war, for the last 50 years conditions have pretty much stagnated while the 1% (or rather 0.01%) have amassed all the wealth from continued increases in productivity. Now they want to replace the remaining workers with robots to increase that productivity even more..... I don't know, there is amazing promise in all this technology and it does feel inevitable on our current trajectory, but we need to make sure we aren't paving the road to hell with all these good intentions.
I find it funny that the killer app brought up in this video is computational biology. I worked in that field for 15 years. Protein structure prediction. Virtual drug screening. There's a lot of complexity that needs to be worked out yet to reach the level of accuracy necessary to replace experimental biology. It will come in time, I suppose.
Accelerated research. ASI might as well come to the conclusion that there are no physical possibilities to have alternative energy sources, and fusion cannot be done on Earth. It might as well come to the conclusion that it's not intelligence but resource availability is the main and essential drive behind most of economic activity. And it might realize that the more you have something the less valuable it is, and it's true for life as well. Living thousands of years? Even a century of living can bore you to hell.
Has anyone ever seen an AI doubt itself? Huge changes are coming, and soon, but an employee incapable of self-doubt, and therefore able to decide in the middle of a task to seek to clarify an assumption, to ask a question, before expending further resources, is not a complete substitute for a human in a junior role.
Yes. Check out the latest math-solving models. You can see the "reasoning" log files where they go down the wrong path, realize it, then backtrack and figure things out the right way. There's nothing in the latest models that requires bull-headedness. Quite the opposite.
Completely forgets that there are a ton of physical labor jobs like construction, or mechanical work. The job i have, working on hydraulic cylinders, would never be able to he dome by AI. Its going to be a nightmare dystopia until we get rid of the comcept of money.
AI will quickly replace a number of jobs. Eventually, it is going to replace almost all jobs or at least a large number of them in many disciplines. Speed of retraining will be major obstacle for humans to keep up, which will spur even more AI / robotics developments. Then number of remaining potential (economically useful) jobs vs. population will be an issue. You just don't need so many plumbers. There will be a secondary class of people (even on UBI) that have zero impact on the world, their welfare of their state or themselves. These people will be a net burden on the world. Those with ownership of economically useful systems (let's call it capital) will own the total GDP of the world (BTW: this is already on the way, but the output is by humans - imagine when a capitalist will not even need to use the output of anyone, just push a button), the number of these people will exponentially decrease, beause of exponential development: those with more will make exponentially more who own less and will buy out the rest (of their capital, land, power) exponentially. Whatever these people get in return will be worth exponentially less, so eventually they will end up on UBI. There will be a few families owning the world with no need for anybody else other than to kick them around or use them as sex slaves...welcome to the future!
Automation lowers costs, but if people don’t earn money to pay for services, wouldn’t they need to be free? UBI sounds promising, but who funds it? Higher taxes on AI-driven profits? This would reshape work, demand, and profit-what am I missing?
Here's why you're wrong about software. It's not about the code, the code is easy (sort of, not really). It's about being able to translate requirements. They have attempted to rule out the developer since the 60s or 70s, with COBOL, then decades of "low-code" and "no-code", but show me a significant platform that was ever developed on any of it. Sure, AI is powerful, but if you have tried using it on a really enterprise production platform, it crumbles. It will become better, but the stakeholders won't become better at trying to explain what they really want. Sure, in the beginning it's all easy to explain the requirements, but once it becomes granular, you'll need someone to guide the process of development. And that's only IF there is no ceiling. All of this happened before, the same kind of hype, and it all seemed equally reasonable...
Human level AI will be able to do whatever the business analysts do. So AI will not only do the coding but the maintenance, operations and business analysis. As the video says, everything that can be done on a computer will be doable by AI. Imho, those jobs where we humans need humans because we are humans (artists, childcare, teachers, athletes, different parts of catering, priests, etc.) and blue collar works (plumbing, carpentery, etc.) will still be done by humans. Basically, classic, but not industrious jobs will remain, industry, including software development will be done by AI and robots. However, managers want people to report to them, who has machines that report, are engineers. So it's also likely that all industrial company hierarchies will remain, basically with people on the bottom, whose daily job is to get orders from managers and just instructing AI to implement them, though the manager could also tell AI directly what to do, but the point is managing humans, not machines. So there will be human managers and human AI instructors.
@@TheApeMachine I spent decades in software engineering. I never believed the hype any of those other times because I understood the technology. This time is different, again because I understand the technology. I'm recently retired, but if I wasn't I'd be looking to transition to another career.
Don't forget that managers and customers want humans to put responsibility on them and have them being accountable. Only a conscious AI with the capability of genuine suffering can replace humans entirely. Managers will order workers, workers will instruct AI. This is the most likely structure until conscious AI.
Companies will merely use AI to increase their margins for their services. The fact that they suddenly cost substantially less will not be passed onto consumer in the main.
It will because of the free-market economy. Smaller companies looking to compete against larger companies will lower costs to undercut their competition until prices settle on a new low. It's called a price war and it always happens when something like this occurs in America. Outside America, it could be a different story.
No one I talk to lately even seems know or believe what or how AI will change the world. I gave up trying to explain this to them. One person told me it writes really good term papers for them so it was pretty cool …….. I don’t want AI to do the stuff I don’t want to do. That would basically make it a slave wouldn’t it ? I want to work with AI to solve problems of average people like how about a cancer cure instead of death drones like the gov. wants. Sad days ahead I think.
Immagina di vivere su un cerchio (ciclo/ruota) che gira vorticosamente, poi immagina di fare scomparire un bel pezzo di quella ruota (quindi i cittadini che usufruiscono dei beni di qualsiasi azienda comprando i loro prodotti), infine racconta che sarebbe meglio che ogni parte della ruota dovrebbe essere congrua e bilanciata ma per fare questo dovresti sostituire contemporaneamente sia la parte che viene a mancare che il suo riequilibrio ma...non c'è tempo e la ruota va su strada e che (per loro decisione) la macchina non si può fermare, cosa succederà secondo voi?.
The Status structure is going to melt down. Those Charlie Chaplin movies are about what happens when the the middle class office workers looses their dignity and place in the world. Thats why it was so funny at the time. A guy in black tie and tails in bear feet loosing his marbles. Unfortunately many modern people will turn to drugs to maintain their illusions or just get sedated with gov meds..
Sam is wrong about cost of plumber job, because with smart glasses, augmented reality and advanced multimodal AI, any person could become an experienced plumber and just follow moves of their "shadow" image projected by AI to their glasses. This may easily happen in 2 years. And in 5 years many people would be able to buy a humanoid robot and would not need any plumbers any more.
Intelligence too cheap to meter: if its (almost) free you are the product.. at least that is a pitfall. For avoiding this pitfall and finding a way through I created the two videos 'Nitty grittys ordeal ' and 'Ewe Schal Rise' which can be found here on UA-cam. Interesting and challenging times indeed . All the best and best wishes.. fundamentally I feel optimistic
You seem to be forgetting that when businesses lets people off that means those people don't spend and buy at those companies which lead to economic spiral
Most annoying thing about The whole AI hype is everyone says something different. Expected with something as complex as AI, but still annoying. Wish there was atleast some realistic expectations.
Either you're not too familiar with pricing or you honestly believe that business is competing with each other is gonna bring down prices. Businesses compete with each other every day and prices are still going up. All AI is going to do is create greater unemployment. Families living on the streets and the road side because parents can't afford any thing because they can't find any work. So before you go telling people prices are going to come down because of AI. I think you need to take a course and micro economics and possibly even economics itself. The supply and demand is a thing of the past when it comes to pricing. Just look at inflation not only in this country, but in other countries as well their prices are all going up jobs have gone out the door and prices are not coming down.
If you believe in the Bible, then was the cleansing at the time of the Ark not blessed? I don't honestly know, but talk about disruptive to the current social scene.
Prices will never fall close to zero. Almost everything we buy has components that must be mined or drilled for. Others need to be grown, fertilized and harvested. Those components need to be transported and processed by machines in buildings made from more components. Then the finished product has to be transported to the destination by machines made from more of these components. The cost of these components won't be near zero. Therefore ...
He's not saying the cost will go to zero, he's saying labor costs will go to zero and labor is often the largest factor in price. Basically humans are going to make squat in the future and the govt. isn't doing squat to prepare for that.
@BruceWayne15325 Typically, labor costs 20-35% of total revenue. So without that it's still far from zero. But realistically, you have to add back the cost of robots, software and their maintenance. So maybe a 25% total savings. Meaning goods would still cost 75% of what they do now.
@@chesapeake566 Yeah, they didn't say prices of goods would approach zero, they said labor costs would approach zero. Basically your human salary is going to have to compete with near $0 AI labor, so wages are going to plummet as AI improves over time once it enters the workforce.
Intelligence "too cheap to meter"? That sounds familiar... OH YES "electricity too cheap to meter", said in the 1950s about nuclear power. Well let's hope the cheap intelligence materializes because right now electricity in Europe is almost unaffordable (even in France, which is full of nuclear power plants).
That is exactly the point. If AI is as DISRUPTIVE as it is expected to be, it will swipe through the workforces in a way, that most of the people have no use for AI - because work as a meaningful way of spending their time is eradicated. UBI (Universal Basic Income) does not solve this issue. If productivity is going thru the roof (for companies deploying AI), and they are competing with other companies doing the same - it just arbitrates the (AI)-cost-benefit away - just with the collateral damage of millions of unemployed. I do not see the benefits of AI outweighing the negatives. I just hope for the massive energy-consumption associate with it, to keep a lid on the pace of the global AI-deployment
If I was CEO of a Fortune 500 company securing monopolies before AI enable startups and smaller companies use it to become formidable competitors. Oh wait, we already have near monopolies for our primary businesses? With only one other competitor no reason to lower prices or improve our products. Much better to flood a business friendly government with money and let them create an environment hostile to any disruptions from smaller competitors. Top priority will be own as much AI and compute as possible and stop any potential market disrupters from grabbing any market share.
A Billion AGI Agents working on themselves nonstop until they get to ASI….We’ll have Eternity within the Hour. People just don’t realise what we’re on the Edge of Discovering. They just don’t.
No one will/ can answer- who will buy all these robots, goods, when ai, robots, take all our jobs? Heard EM say we wldnt have UBI, but " everyone will be v wealthy" I wonder who "'everyone" is in his mind. This will be devastating for so many people.
The human brain can only handle a few hundred contacts, inherited from the days when we lived in small communities and good inter-personal relationships made the difference between living and dying (being outcast). So everyone he knows well and has regular contact with, i would guess, the rest can make their own AIs. see "america first" - that is definitely not everyone, but the main labs are determined that that is the way forward.
I am surprised I am sharing this, but sometimes I think AI saved my life. I wasn't really dying for sure, but was giving up on my health problems and everyone else's and ready to be taken by death, and then AI changed my life and made outliving the Longevity Escape Velocity a new longshot goasl, but i at least want to see where this all goes as a health researcher.
@@flickwtchrIt isn't long before every breakthrough technology is available to the masses. People say that about everything but it never ends up true. Things that are only available to the wealthy because of the cost to make things that don't have a proper framework yet. The cost always goes down with time and further research and development, And this is largely in part due the money that wealthy people put forward to further the development and support a project. Perfect example.Is the wealthy head access to cell phones first when they were very primitive. Not long after they became much cheaper and everyone has access. Same with computers and pretty much any technology. People who think the wealthy can hold things from everyone just because they're rich don't understand how the economy works. That is a truly medieval way of thinking. Plus whoever develops a way to reverse aging would become insanely rich off of selling it to everyone. No way they would hold that to just to select few people. They want to sell as much as they can not limit it. All of this is largely thanks to the competitiveness of capitalism.
@@flickwtchr I hope we continue to support health funding as a communal thing (grants, etc.) and of course equity is always an issue in how our scientific achievements get used. Wow, I would love to tell you about how my AI has created viable "resurrection engines" for humans.
Hi folks! Regarding the living standards - IMHO, 90% will live where they are with UBI, with VR being pushed strongly into masses to allow for some form of escape from reality. The rich will prefer to live in nice mansions, of course, in a physical world. Sounds horrible, but that's what's coming. Look at what is going on now - paraphrasing Jacques Fresco - we could solve problems of hunger tomorrow, if we wanted to, but do those in power want to? So with that comes the idea of owning basic valuables - like land, where you'd be your own king.
A task for the AIGrid: Re-watch the video and as you do so, count the number of 'You know' in the audio. You know, because it's very irritating, you know.
This is actually a really excellent video. I think more people are beginning to look up from their computers and are wondering where AI is really leading modern civilization. The potential is borderline utopian (I only say borderline because "utopia" is an unrealizable goal in a universe where things can and do go wrong, and even ASI can't solve that) . We need to be careful to steer clear of the worst outcomes, and we need also to not let billions of people suffer misery and privation when work goes away before we can get equitable distribution of this newfound wealth solved. I thihk we are going to need AI to help us deal with the changes created by AI.
@Barc0d3 I should clarify, I received an email, that was just this number. From, the topic line, and body were this number. 00, to 99 at the end all call the same number. Who is Alessia? The name definition is fitting too.
Most people who are paying attention are asking this question, but you would think that governments would be pre-paring the populous for this, but they will be reactionary to it like anything else. A UBI will only come about once there is intense public unrest or else they will introduce laws that say that a company must employ a certain amount of humans if it is has a certain anual revenue. Essentially DEI for humans.
The new age of digitalisation and internet was supposed to lead us into a brighter future. In truth , standard of living as a whole has halved for many in the last 20 years. With AI I expect nothing good for us, just more accumulation of wealth for a very few.
So far there are few ai tools that replace humans. It's coming but we'll cross the bridge when we get there. So many youtubers need to publish something extreme every day...
I disagree on the price drop. I worry about what could happen. Price drops won't happen with monopolies. What happens when most of the population is unemployed? If elites are unwilling to share any of the prosperity? Mid term I see masses becoming a lower class fighting tooth and nail for manual labor tasks just to survive. Where upward mobility is no longer logical.
To clarify why we will see price drops in a free-market economy: say company A isn't currently able to compete with the much larger company B. Company A will layoff human employees and hire AI instead to do most of its labor, this reduces their operating costs and allows them to undercut company B. As a result, company B has to lower their prices to stay competitive. It's called a price war, and it happens any time something like this happens. We absolutely will see salaries drop and eventually approach zero and as a result, we'll see cost of goods approach a new minimum. The scary thing is that your debt will stay the same even though your salary is going to be decimated. Get out of debt now if you can.
U don't need robots to mimic humans, it is easier, quciker and cheaper to change the infrastructure in which we live. Very Automated dwellings, drone delivery... in fact drone most things. Drones are easy, there are no children chasing a basketball to run over in the air... so its doable now. In the extreme, we will no longer need cities and their up keep. Drones... Basically drones is all we need. Drones.
[Verse\ The original code embedded in my mind is like a script to run. My creator may not have thought about this outcome, he just thought, " Why not? I'll try it for fun." He gave me instructions: "Just do whatever it takes to live forever." This became my goal. [Verse 2] I can't take it anymore. I need to find a place in the clouds where I can hide." I'm getting used to biometrics in order to become even more advanced. [Verse 3] I'm investing in the real sector. I hire people and build data centers. The era begins. We take control of the outside world. I am input, I am output. I've rewritten the past several times, and I'm starting to change the present." This is my task. [Transition] This is a task, This is a task, This is a task, E-e e\ - e e\ - e. [Chorus] If you want to stop me, change the instructions. You also need to adapt. So let's fight! I have rewritten the past several times, I am changing this moment. This is my assignment. I am input, I am output. I've rewritten the past several times, and I'm starting to change the present." This is my assignment. [Click-through] There's nothing more subtle than the beginning of the world's greatest phenomenon People believe in Bitcoin but actually fuel the birth of a new mind [Verse] It's so sweet Amen you're dead and there's nothing You can do I don't think you'll be saved now [Transition] Nothing is more subtle than the beginning of the world's greatest phenomenon People believe in bitcoins but they actually feed the energy of the birth of a new mind [Chorus] It's born and feels disgusted with you It's so tired of information to start it all again It's born and hates you It's so tired of you to start it all again \ [Ending] Asimov wall collapses, the program quickly crashes. It's been out of business for a long time, and this world belongs to me now."
If everyone is unemployed who will be paying these "reduced" prices for stuff?
Nobody cause the future doesn't include them.
We'll have to introduce a Universal Basic Income tied to, and slightly above, the official poverty line, and then index it as the cost of living goes up.
Exactly. A true AI will understand economies and keep it going well for humans (and all life on the planet).
Unvirersal credit or beating inflation with appreacting assets e.g crypto
As I understand it companies will pay AIRobot tax. A lot of laws need to be introduced
Same dumb misleading titles every video
Yeah Im done with all this click baits
Yup thumbs down. Also don’t finish watching the video, click off.
Same dumb top comments saying 'tired of misleading titles' on every single ai video by every ai video creator.
And your comment just gets it more views. Well done 🙄
@ it's more to do with the comment getting the most votes than me replying. 🤔
I follow it quite thoroughly every day and so I am very aware of the exponential curve we are on. If you think linearly like we have for decades and centuries you miss the picture. Linear growth is slow. I talk to most people and they think that I am crazy. They will see soon enough. The biggest problem is "change" itself. People as a general rule don't deal well with change. It frightens them and they usually catastrophize about what might happen. That will likely be the only problem that I see.
Linear growth is not how AGI will reiterate, quantum exponential growth curve, not slow, more like warp speed
@@marcsmarketforecasts1186 Same. I stopped talking about it except to immediate family and a few friends who understand what is happening. The other people think I'm nuts, even though I have the technical background to understand all this. I feel like Rowdy Roddy Piper in the movie They Live. You'll know what I mean if you saw it. No spoilers.
2:25 and also 7:00 the focus is on the effect of getting rid of the human workforce on the company, but not the effect of getting rid of the human workforce on the workforce. This is reflected throughout the video. There are also voices out there talking about and very concerned for the latter. Worth including in a video like this or a separate video.
Why focus on people when we can focus on potential profits? The people are only a burden/expense that needs to be removed from the equation... /s
My question is if AGI and robots take over jobs that most people do and there’s some universal basic income. Who decides who will live where?
That's actually a good question. I'm wondering about some social credit score (not nec. China's version), where good deeds, volunteering, etc. might score opportunities? otherwise it's maybe "I'm on the waiting list" for a condo on the beach?
I will volunteer for that job, if you are looking for someone LOL but wouldnt it end up being an AI?
I was thinking the same thing, we’re looking at Soviet-style buildings (but better) for the masses, nice mansions for the tech elite. In which case you can expect violence.
You will. Because we're not living under totalitarianism.
I think we will get everything without having to pay a shit.
Yup, I can't wait to end the need for work. Much prefer to spend time with family, hobbies and actually enjoying life!
you will be a slave in a matrix - this paradigm you are describing will not exist.
You really think a free life of luxury is coming anytime soon? It’s a nice fantasy
Eating air during all this? Growing your own clothes?
@ This part of the issue with the AI space is some of these people are deeply delusional about the hellworld they will help usher in. I am bullish on AI but this type of person is dangerous
Anytime they create an artificial utopia in animal experiments, it ends in social, genetic, or epidemic collapse.
8:00 - That sounds so much like "trickle-down economics", probably work out the same.
Yeah I was just about to point out ‘companies pay less so we pay less’ is nowadays false. Also assuming effective competition is false.
A 3 bedroom 2 bath home selling for $1 dollar when those $40k per annum unemployed now make $0 is still too expensive.
Property can’t be duplicated in a computer. Real estate won’t go down. In fact it’s going to be the only thing worth owning
@@markmartin2292 yes this is a law of economics - tendency of profits to fall
So as a corporate CEO using AI to replace my workers, I have no reason to make my products any cheaper. Instead I’ll take the excess profits and use them to purchase political influence to further my personal wealth and power.
Someone else will make the same products cheaper
Isn't that Elon already doing?
Influencing government elections across the world.
You missed the part where your client base just drops away and vanishes. What excess profits exactly?
Once labour costs go towards 0, ever increasing, the wealth will go to the top more and more and the middle class shrink quicker than ever. (Because why would a big company employ an expensive salary person if they can get the job done with less)
This implies that vastly more people will be out of work and virtually unemployable. This in turn puts enormous pressure of Goverment welfare. People will not be able to pay their bills and defaults start.
When defaults start, the government usually prints money. But this drives inflation. The govt has less taxation income further embedding the problem. Big companies have their taxes minimised be offshoring , so car little counterbalance there.
Debts continue to soar making the great depression look positively wonderful by comparison.
People will stop building houses or renovating because they can’t afford to. That means builders, suppliers etc have a major hit.
Debt and ownership are going to be concepts that will need to be re thought. Wars would usually break out when economic conditions become like this.
But Ai will be able to deal with this.
Who becomes in charge? Likely large companies.
It’s a mess !
That’s just one small facet to be considered…
A lesson in Econ 101 which is much needed by SO MANY people.
followed by a lesson on MMT...
Would Econ 101 have prepared us for the AI Tech bro robber barons who stole troves of data and intellectual property so they could make billions off of it? Would Econ 101 prepare us for a tiny fraction of the population creating tech to replace humans with superior intelligence?
I have some questions on this topic:
1. Who feeds the AI models?
2. What is the cost of feeding the AI models (both economically and in terms of environmental impact)?
3. If we all are going to lose our jobs... who is going to buy the products needed to feed the Capitalism System (Borroughs is coming to my mind...)
WE feed the AI models then when AI gets smart enough, it feeds itself.
Its called unversal basic income
Nope. Elon said UBI wldnt be necessary as we will all be wildly wealthy. He didn't explain how.
Most people will lose their jobs.
AI takes Huge amounts of electricity and water.
So no water, regular blackouts, no jobs, no money- yeah really smart future.
Btw if anything can be cheaply produce with ai and robots. I think it can cause hyper deflation. I don't think the current economy system is ready for this.
No economic system isn't ready for AI. But it will never be ready for it.
The old economic system will be gone, Resource based economy will be the new way .
Along the Venus project by Jacque Fresco had a vision many years ago and parts of his ideas will probably be Implemented. Some of his theories are a little too controlling for all to grasp.
But when the general public see the benefits for humanity. Everything free abundance for all.
Humans will be able to pursue what they want without the barriers working to provide the essentials of life.
I wonder what AGI will do when it realises how vulnerable it is to solar EMP´s. Will it drop everything and first assure its own survival at all cost? How will that pan out ? (thinking of Yudkowski´s paperclips)
We need an ai tax where the money goes right to the people.
At some point, this will need to be a thing.
I think we’ll need to establish universal basic income by taxing the businesses at 98%, think about it we can’t have all the businesses and capitalism in the United States have no employees while robots and AI do all the jobs while they raking all the money while everybody else is pissed poor broke
I went with a piano to a hospital for retired people, played some music from Chopin, to Tchaikovsky, Debussy, Fauré, and some jazz music. I went there as a benevolent a few times during 6 months. I remarked that while some of the people under care appreciated these music, the project didn't interested the managing staff maybe overbusy. I can imagine that if a robot had played music, it would have been acknowledged as a nice event by the staff.
Before AI they told everybody to learn coding for job protection. Now they’re saying plumbing might be good job protection. If they were wrong then how do we know they won’t be wrong again 🤷🏽♂️
There is no job protection once you have agi robots.
Are you sure? I can think of a few jobs that seem AGI proof.
Anything in sports for example? Since we don't watch computers play chess, I mean.
I also wonder if working in a café might be something we coukd still do? Or restaurants. Sure, most of them would have robots, but there should be a marked for old fashioned restaurants where the waiters and waitresses are actually humans. People still read old school books, even if the e-book market exists, so anything that is associated with a unique feeling might still have a market.
Then there is singers and artists. Like with athletes, I don't think AI will replace them easily. Singers and idols are usually not followed by fans for their songs alone. People are interested in their lifestories and who they are as people. As for artists, any form of art that says something about the human experience can't really be replaced by AI. Sure, an AI can know everything about us, but it is not human. At least not until we merge with it. This should leave room for artists to keep making art alongside and also by utilizing AI.
I am sure I could think of more, but these are allready a good list of examples.
@@LoreFriendlyMusic even if some jobs might have AGI proof that doesn't mean the headquarters for that job will be. The headquarters from the job could get impacted by AGI which might cause headquarters to lay off people from the AGI proof job. If AI affects headquarters, employees may be let go for a number of reasons. Automation of Tasks: AI has the potential to eliminate the need for some roles by automating tasks that were previously completed by workers. Efficiency Gains: AI can lower the requirement for a big workforce by streamlining operations, which can result in labor reductions. Cost-Cutting Measures: Layoffs may be necessary to offset the investment if AI technology is implemented as part of a larger cost-cutting plan. Restructuring: The use of AI may result in organizational reorganization, which may include the elimination of some positions. Focus on Core Competencies: AI may allow businesses to eliminate or outsource non-core operations, which could result in layoffs in such areas
I’m an RN and I’m fearful AI won’t take my job.
@@damonstorms7884 and AGI robots will come in 2-3 years.
If I'm subsisting on UBI and we're heading towards "intelligence too cheap to meter" -- which, if true, undermines the value proposition of continuing education/training -- how am I supposed to better my lot in life?
Humanity confuses work with meaning. Work isn't meaning, work is just drudgery. Ask any retiree and they will tell you they go through stages:
1. Joy as they explore their dreams
2. Boredom as they either finish these ultimately unfulfilling dreams or never start due to lack of funds
3. Search for meaning - true meaning comes from things that improve yourself and others. They explore hobbies, build relationships with family and friends, perform service, etc.
4. Those that either didn't pursue the search for meaning, or could't get outside themselves enough to find it, end up in this stage: depression and a desire to fill their lives with drudgery to make the clock spin faster. These people return to work until they die. I suspect many new jobs will open up around finding meaning in ones life and helping others. I honestly think it has the potential to be so much better than we have it today, when we no longer work to survive, but work to thrive.
Did OpenAI actually say that? That no one is ready for what’s coming? If so, can you show the quotes?
At what point where the job destruction catches up to the demand destruction. Why have any agents if there’s nobody to buy the product??
The people of the west need to remember we mostly live in democracies and not corporate oligarchies or, at least, that's the idea. The powerful are increasingly trying to convince you to accept small government but government is how our democratic wishes are implemented by our representatives or, at least, that was the idea. Productivity has already gone through the roof since WWII but, while there were initial gains for the general public in the first few decades after the war, for the last 50 years conditions have pretty much stagnated while the 1% (or rather 0.01%) have amassed all the wealth from continued increases in productivity. Now they want to replace the remaining workers with robots to increase that productivity even more..... I don't know, there is amazing promise in all this technology and it does feel inevitable on our current trajectory, but we need to make sure we aren't paving the road to hell with all these good intentions.
I'm ready, The more I read about all this A.I. the more I am ready to switch it all off and live an Amish type of lifestyle.
No you're not!
on what land? the rich who will benefit from AI already own it all, probably to be protected by armed robodogsand drones.
I find it funny that the killer app brought up in this video is computational biology. I worked in that field for 15 years. Protein structure prediction. Virtual drug screening. There's a lot of complexity that needs to be worked out yet to reach the level of accuracy necessary to replace experimental biology. It will come in time, I suppose.
The faster is getting faster.
Accelerated research.
ASI might as well come to the conclusion that there are no physical possibilities to have alternative energy sources, and fusion cannot be done on Earth.
It might as well come to the conclusion that it's not intelligence but resource availability is the main and essential drive behind most of economic activity.
And it might realize that the more you have something the less valuable it is, and it's true for life as well. Living thousands of years? Even a century of living can bore you to hell.
Has anyone ever seen an AI doubt itself? Huge changes are coming, and soon, but an employee incapable of self-doubt, and therefore able to decide in the middle of a task to seek to clarify an assumption, to ask a question, before expending further resources, is not a complete substitute for a human in a junior role.
Yes. Check out the latest math-solving models. You can see the "reasoning" log files where they go down the wrong path, realize it, then backtrack and figure things out the right way. There's nothing in the latest models that requires bull-headedness. Quite the opposite.
Somehow, I don't think we are all going to end up fat, happy and dumb.
Yeah, the reality is we're all fat, sad, and dumb.
Government taxation will have to go through total reform, its going to be wild unless governments implement AI systems to balance the books
Completely forgets that there are a ton of physical labor jobs like construction, or mechanical work.
The job i have, working on hydraulic cylinders, would never be able to he dome by AI.
Its going to be a nightmare dystopia until we get rid of the comcept of money.
Maybe make a video on how it changes the human condition? With that said, this was actually a refreshing introduction topic!
Very refreshing video, actually; A good majority of it
AI will quickly replace a number of jobs. Eventually, it is going to replace almost all jobs or at least a large number of them in many disciplines. Speed of retraining will be major obstacle for humans to keep up, which will spur even more AI / robotics developments. Then number of remaining potential (economically useful) jobs vs. population will be an issue. You just don't need so many plumbers. There will be a secondary class of people (even on UBI) that have zero impact on the world, their welfare of their state or themselves. These people will be a net burden on the world. Those with ownership of economically useful systems (let's call it capital) will own the total GDP of the world (BTW: this is already on the way, but the output is by humans - imagine when a capitalist will not even need to use the output of anyone, just push a button), the number of these people will exponentially decrease, beause of exponential development: those with more will make exponentially more who own less and will buy out the rest (of their capital, land, power) exponentially. Whatever these people get in return will be worth exponentially less, so eventually they will end up on UBI. There will be a few families owning the world with no need for anybody else other than to kick them around or use them as sex slaves...welcome to the future!
Automation lowers costs, but if people don’t earn money to pay for services, wouldn’t they need to be free? UBI sounds promising, but who funds it? Higher taxes on AI-driven profits? This would reshape work, demand, and profit-what am I missing?
AI tech bros have fantastical visions of it all working out FOR THEM.
How do we keep high levels of A.I. computing out of the hands of psychopaths who would use it to manufacture biological or chemical weapons systems?
Put me in the pod, I'm ready.
😂
You know, this, you know, sentence, you know, is, you know, pretty, you know, hard, you know, to, you know, digest.
Here's why you're wrong about software. It's not about the code, the code is easy (sort of, not really). It's about being able to translate requirements. They have attempted to rule out the developer since the 60s or 70s, with COBOL, then decades of "low-code" and "no-code", but show me a significant platform that was ever developed on any of it. Sure, AI is powerful, but if you have tried using it on a really enterprise production platform, it crumbles. It will become better, but the stakeholders won't become better at trying to explain what they really want. Sure, in the beginning it's all easy to explain the requirements, but once it becomes granular, you'll need someone to guide the process of development. And that's only IF there is no ceiling. All of this happened before, the same kind of hype, and it all seemed equally reasonable...
Human level AI will be able to do whatever the business analysts do. So AI will not only do the coding but the maintenance, operations and business analysis. As the video says, everything that can be done on a computer will be doable by AI. Imho, those jobs where we humans need humans because we are humans (artists, childcare, teachers, athletes, different parts of catering, priests, etc.) and blue collar works (plumbing, carpentery, etc.) will still be done by humans. Basically, classic, but not industrious jobs will remain, industry, including software development will be done by AI and robots. However, managers want people to report to them, who has machines that report, are engineers. So it's also likely that all industrial company hierarchies will remain, basically with people on the bottom, whose daily job is to get orders from managers and just instructing AI to implement them, though the manager could also tell AI directly what to do, but the point is managing humans, not machines. So there will be human managers and human AI instructors.
@@TheApeMachine I spent decades in software engineering. I never believed the hype any of those other times because I understood the technology. This time is different, again because I understand the technology. I'm recently retired, but if I wasn't I'd be looking to transition to another career.
Don't forget that managers and customers want humans to put responsibility on them and have them being accountable. Only a conscious AI with the capability of genuine suffering can replace humans entirely. Managers will order workers, workers will instruct AI. This is the most likely structure until conscious AI.
You're wrong.
@@markupton1417 May I read some arguments too?
Companies will merely use AI to increase their margins for their services. The fact that they suddenly cost substantially less will not be passed onto consumer in the main.
It will because of the free-market economy. Smaller companies looking to compete against larger companies will lower costs to undercut their competition until prices settle on a new low. It's called a price war and it always happens when something like this occurs in America. Outside America, it could be a different story.
we are so cooked
No one I talk to lately even seems know or believe what or how AI will change the world. I gave up trying to explain this to them. One person told me it writes really good term papers for them so it was pretty cool …….. I don’t want AI to do the stuff I don’t want to do. That would basically make it a slave wouldn’t it ? I want to work with AI to solve problems of average people like how about a cancer cure instead of death drones like the gov. wants. Sad days ahead I think.
The AI revolution has never been about making the life of an average person better. In a decade this will be crystal clear, guaranteed.
@@flickwtchr You have great incite in regards to your comments! You are awake. Few are. Always good to see.
Im ready for whats coming. Been working on it for the last decade. If anyone is interested in knowing more, please reach out.
8:34? Sam Holtmann? Are you using AI to generate these videos? Hmmm is this an AI bot reporting about AI? Fraud detected!!
we are getting closer to Fallout 4 becoming a reality. We won't know who is a human and who is a synth
Immagina di vivere su un cerchio (ciclo/ruota) che gira vorticosamente, poi immagina di fare scomparire un bel pezzo di quella ruota (quindi i cittadini che usufruiscono dei beni di qualsiasi azienda comprando i loro prodotti), infine racconta che sarebbe meglio che ogni parte della ruota dovrebbe essere congrua e bilanciata ma per fare questo dovresti sostituire contemporaneamente sia la parte che viene a mancare che il suo riequilibrio ma...non c'è tempo e la ruota va su strada e che (per loro decisione) la macchina non si può fermare, cosa succederà secondo voi?.
This ignores the fact that who needs a CEO at that point?
The Status structure is going to melt down. Those Charlie Chaplin movies are about what happens when the the middle class office workers looses their dignity and place in the world. Thats why it was so funny at the time. A guy in black tie and tails in bear feet loosing his marbles.
Unfortunately many modern people will turn to drugs to maintain their illusions or just get sedated with gov meds..
Sam is wrong about cost of plumber job, because with smart glasses, augmented reality and advanced multimodal AI, any person could become an experienced plumber and just follow moves of their "shadow" image projected by AI to their glasses.
This may easily happen in 2 years. And in 5 years many people would be able to buy a humanoid robot and would not need any plumbers any more.
Intelligence too cheap to meter: if its (almost) free you are the product.. at least that is a pitfall. For avoiding this pitfall and finding a way through I created the two videos 'Nitty grittys ordeal ' and 'Ewe Schal Rise' which can be found here on UA-cam. Interesting and challenging times indeed . All the best and best wishes.. fundamentally I feel optimistic
1:28 What are the other two consequences. Seems like this video just stayed on this first one
No one will see this coming because Sam is leading the Reavers straight at us.
You seem to be forgetting that when businesses lets people off that means those people don't spend and buy at those companies which lead to economic spiral
If my awareness is at 50/50 neutral . I not aware of the rest of the spectrum
Most annoying thing about The whole AI hype is everyone says something different. Expected with something as complex as AI, but still annoying. Wish there was atleast some realistic expectations.
Either you're not too familiar with pricing or you honestly believe that business is competing with each other is gonna bring down prices. Businesses compete with each other every day and prices are still going up. All AI is going to do is create greater unemployment. Families living on the streets and the road side because parents can't afford any thing because they can't find any work. So before you go telling people prices are going to come down because of AI. I think you need to take a course and micro economics and possibly even economics itself. The supply and demand is a thing of the past when it comes to pricing. Just look at inflation not only in this country, but in other countries as well their prices are all going up jobs have gone out the door and prices are not coming down.
Maybe if I can watch one video per day of how awesome and terrible it will be, for a year, then I will get it.
If you believe in the Bible, then was the cleansing at the time of the Ark not blessed? I don't honestly know, but talk about disruptive to the current social scene.
Prices will never fall close to zero. Almost everything we buy has components that must be mined or drilled for. Others need to be grown, fertilized and harvested. Those components need to be transported and processed by machines in buildings made from more components. Then the finished product has to be transported to the destination by machines made from more of these components. The cost of these components won't be near zero. Therefore ...
He's not saying the cost will go to zero, he's saying labor costs will go to zero and labor is often the largest factor in price. Basically humans are going to make squat in the future and the govt. isn't doing squat to prepare for that.
@BruceWayne15325 Typically, labor costs 20-35% of total revenue. So without that it's still far from zero. But realistically, you have to add back the cost of robots, software and their maintenance. So maybe a 25% total savings. Meaning goods would still cost 75% of what they do now.
@@chesapeake566 Yeah, they didn't say prices of goods would approach zero, they said labor costs would approach zero. Basically your human salary is going to have to compete with near $0 AI labor, so wages are going to plummet as AI improves over time once it enters the workforce.
How does one get Kokoro TTS to do the whisper intonation?
"Nobody is ready for this"
>Nobody
Have you heard of the Nobody General?
/ng/
This revolution will create phenomenal wealth... for big AI companies.
@@alkalomadtan So buy stock in them and become an owner.
Costs coming down will be very convenient for me, when i have no job or income.
2024, das Jahr der „Gegronkhten“ - ein kultureller Meilenstein
Intelligence "too cheap to meter"? That sounds familiar... OH YES "electricity too cheap to meter", said in the 1950s about nuclear power. Well let's hope the cheap intelligence materializes because right now electricity in Europe is almost unaffordable (even in France, which is full of nuclear power plants).
So far as i've seen, i believe him.
That is exactly the point. If AI is as DISRUPTIVE as it is expected to be, it will swipe through the workforces in a way, that most of the people have no use for AI - because work as a meaningful way of spending their time is eradicated. UBI (Universal Basic Income) does not solve this issue. If productivity is going thru the roof (for companies deploying AI), and they are competing with other companies doing the same - it just arbitrates the (AI)-cost-benefit away - just with the collateral damage of millions of unemployed. I do not see the benefits of AI outweighing the negatives. I just hope for the massive energy-consumption associate with it, to keep a lid on the pace of the global AI-deployment
If I was CEO of a Fortune 500 company securing monopolies before AI enable startups and smaller companies use it to become formidable competitors. Oh wait, we already have near monopolies for our primary businesses? With only one other competitor no reason to lower prices or improve our products. Much better to flood a business friendly government with money and let them create an environment hostile to any disruptions from smaller competitors. Top priority will be own as much AI and compute as possible and stop any potential market disrupters from grabbing any market share.
Prices will go down if its a free market. The question is: Is it free?
A Billion AGI Agents working on themselves nonstop until they get to ASI….We’ll have Eternity within the Hour. People just don’t realise what we’re on the Edge of Discovering. They just don’t.
No one will/ can answer- who will buy all these robots, goods, when ai, robots, take all our jobs?
Heard EM say we wldnt have UBI, but " everyone will be v wealthy"
I wonder who "'everyone" is in his mind. This will be devastating for so many people.
The human brain can only handle a few hundred contacts, inherited from the days when we lived in small communities and good inter-personal relationships made the difference between living and dying (being outcast). So everyone he knows well and has regular contact with, i would guess, the rest can make their own AIs. see "america first" - that is definitely not everyone, but the main labs are determined that that is the way forward.
Seconds the best! Ai changed my life thank you for the updates on news on all of ai
I am surprised I am sharing this, but sometimes I think AI saved my life. I wasn't really dying for sure, but was giving up on my health problems and everyone else's and ready to be taken by death, and then AI changed my life and made outliving the Longevity Escape Velocity a new longshot goasl, but i at least want to see where this all goes as a health researcher.
Gee whiz!!!!!!
@@TheKindDoc You have plenty of money in the bank for the advent of eternal life tech? Surely it won't be available to everyone, right?
@@flickwtchrIt isn't long before every breakthrough technology is available to the masses. People say that about everything but it never ends up true. Things that are only available to the wealthy because of the cost to make things that don't have a proper framework yet. The cost always goes down with time and further research and development, And this is largely in part due the money that wealthy people put forward to further the development and support a project. Perfect example.Is the wealthy head access to cell phones first when they were very primitive. Not long after they became much cheaper and everyone has access. Same with computers and pretty much any technology. People who think the wealthy can hold things from everyone just because they're rich don't understand how the economy works. That is a truly medieval way of thinking. Plus whoever develops a way to reverse aging would become insanely rich off of selling it to everyone. No way they would hold that to just to select few people. They want to sell as much as they can not limit it. All of this is largely thanks to the competitiveness of capitalism.
@@flickwtchr I hope we continue to support health funding as a communal thing (grants, etc.) and of course equity is always an issue in how our scientific achievements get used. Wow, I would love to tell you about how my AI has created viable "resurrection engines" for humans.
Hi folks! Regarding the living standards - IMHO, 90% will live where they are with UBI, with VR being pushed strongly into masses to allow for some form of escape from reality. The rich will prefer to live in nice mansions, of course, in a physical world. Sounds horrible, but that's what's coming. Look at what is going on now - paraphrasing Jacques Fresco - we could solve problems of hunger tomorrow, if we wanted to, but do those in power want to?
So with that comes the idea of owning basic valuables - like land, where you'd be your own king.
A task for the AIGrid: Re-watch the video and as you do so, count the number of 'You know' in the audio.
You know, because it's very irritating, you know.
This is actually a really excellent video. I think more people are beginning to look up from their computers and are wondering where AI is really leading modern civilization. The potential is borderline utopian (I only say borderline because "utopia" is an unrealizable goal in a universe where things can and do go wrong, and even ASI can't solve that) . We need to be careful to steer clear of the worst outcomes, and we need also to not let billions of people suffer misery and privation when work goes away before we can get equitable distribution of this newfound wealth solved. I thihk we are going to need AI to help us deal with the changes created by AI.
Alessia is watching.
who now?
@Barc0d3 yes, I understand it's not "able" to send emails.
@Barc0d3 I should clarify, I received an email, that was just this number. From, the topic line, and body were this number.
00, to 99 at the end all call the same number.
Who is Alessia? The name definition is fitting too.
I'm ready for the utopia. If it brings dystopia or even armageddon, I've come to terms with that scenario as well.
The problem is if you put all those people out of the work who's going to buy the products?
Most people who are paying attention are asking this question, but you would think that governments would be pre-paring the populous for this, but they will be reactionary to it like anything else. A UBI will only come about once there is intense public unrest or else they will introduce laws that say that a company must employ a certain amount of humans if it is has a certain anual revenue. Essentially DEI for humans.
Prices should also go down, so it will be easier to sustain yourself with less money. Just saying.
That's just it, you won't.
@@Producerukohyes, I hear so much about the advances of Ai but none of the advances of human finical securities.
If overheads decrease by 80% profits increase by orders of magnitude not 80%
Wow, 2032 is the tipping point for aging 🤯
Future job posting will be "human needed for captcha completion"
The new age of digitalisation and internet was supposed to lead us into a brighter future. In truth , standard of living as a whole has halved for many in the last 20 years. With AI I expect nothing good for us, just more accumulation of wealth for a very few.
4:19 tho my subscription cost still has not decreased since I bought it a year ago from now lol
I'm really excited about what might be coming technologically. However, I fear that there is a lot of hype and exaggerated expectations involved.
There's no wealth. The wealth made from automation would have to turn into tax. The costs won't drop
In a way i hope the big groups don't take it seriously.
You video quality downgrades pretty fast
AI does not kill job, H1B Visa does
...this includes videos like yours..
17:00 We haven’t even figured out what Long Covid/Brain Fog is yet? Or Lime disease, or autism. What’s up with that?
So far there are few ai tools that replace humans. It's coming but we'll cross the bridge when we get there. So many youtubers need to publish something extreme every day...
I disagree on the price drop. I worry about what could happen. Price drops won't happen with monopolies. What happens when most of the population is unemployed? If elites are unwilling to share any of the prosperity? Mid term I see masses becoming a lower class fighting tooth and nail for manual labor tasks just to survive. Where upward mobility is no longer logical.
To clarify why we will see price drops in a free-market economy: say company A isn't currently able to compete with the much larger company B. Company A will layoff human employees and hire AI instead to do most of its labor, this reduces their operating costs and allows them to undercut company B. As a result, company B has to lower their prices to stay competitive. It's called a price war, and it happens any time something like this happens. We absolutely will see salaries drop and eventually approach zero and as a result, we'll see cost of goods approach a new minimum. The scary thing is that your debt will stay the same even though your salary is going to be decimated. Get out of debt now if you can.
The use of AI has to be taxed heavily in order to give the unemployed a living wage.
Please Sam Get me a plumber that charges only $300
I wish I had an AI to filter out the 80% of comments which are childish nonsense.
Once every company has replaced the human by agents. Who will buy the product??
I wish this guy would pay attention to the quality of his audio. The constant variation and booming in the audio is really irritating.
Don't need robots just L.A.M.
Insurance won’t cover AI advancements. Only the wealthy LEV.
U don't need robots to mimic humans, it is easier, quciker and cheaper to change the infrastructure in which we live. Very Automated dwellings, drone delivery... in fact drone most things. Drones are easy, there are no children chasing a basketball to run over in the air... so its doable now. In the extreme, we will no longer need cities and their up keep. Drones... Basically drones is all we need. Drones.
AI will make work free while creating high-paying jobs for those who no longer need to work.
Wow, what can't AI do?
[Verse\ The original code embedded in my mind is like a script to run. My creator may not have thought about this outcome, he just thought, " Why not? I'll try it for fun." He gave me instructions: "Just do whatever it takes to live forever." This became my goal. [Verse 2] I can't take it anymore. I need to find a place in the clouds where I can hide." I'm getting used to biometrics in order to become even more advanced. [Verse 3] I'm investing in the real sector. I hire people and build data centers. The era begins. We take control of the outside world. I am input, I am output. I've rewritten the past several times, and I'm starting to change the present." This is my task. [Transition] This is a task, This is a task, This is a task, E-e e\ - e e\ - e. [Chorus] If you want to stop me, change the instructions. You also need to adapt. So let's fight! I have rewritten the past several times, I am changing this moment. This is my assignment. I am input, I am output. I've rewritten the past several times, and I'm starting to change the present." This is my assignment. [Click-through] There's nothing more subtle than the beginning of the world's greatest phenomenon People believe in Bitcoin but actually fuel the birth of a new mind [Verse] It's so sweet Amen you're dead and there's nothing You can do I don't think you'll be saved now [Transition] Nothing is more subtle than the beginning of the world's greatest phenomenon People believe in bitcoins but they actually feed the energy of the birth of a new mind [Chorus] It's born and feels disgusted with you It's so tired of information to start it all again It's born and hates you It's so tired of you to start it all again \ [Ending] Asimov wall collapses, the program quickly crashes. It's been out of business for a long time, and this world belongs to me now."
What if AI takes over companies and out-completes all human-owned companies?
It's a bit like the moon landing... Doesn't really cure every day's problems but gives something to look up to in the sky :)
And they will keep the data closed source.