Well in an ideal world it would make everyone more efficient, letting us do more in less time. Thus we would need to work less for the same amount of money. Like switching over to 4 days a week, same amount of hours per day, for the same salary.
But in reality we’ve already stepped up efficiency a lot and it never works out that way. It just devalues the work, so we need to produce more to get the same salary. We end up working the same or even more for the same amount of money, or even less money. All of the gains go to the people at the top, creating an ultra rich upper class that really should never exist.
However AI has so many more issues that even this best case scenario has huge downsides for everyone, which will hit the middle class and poor people the hardest. It’s really bad news across the board.
Well in an ideal world it would make everyone more efficient, letting us do more in less time. Thus we would need to work less for the same amount of money. Like switching over to 4 days a week, same amount of hours per day, for the same salary.
But in reality we’ve already stepped up efficiency a lot and it never works out that way. It just devalues the work, so we need to produce more to get the same salary. We end up working the same or even more for the same amount of money, or even less money. All of the gains go to the people at the top, creating an ultra rich upper class that really should never exist.
However AI has so many more issues that even this best case scenario has huge downsides for everyone, which will hit the middle class and poor people the hardest. It’s really bad news across the board.