alt Hacker News> Generating an extra $400 per year in value, per employee, isn't that much extra.
I agree, and would add that it’s contributing to inflation in hard assets.
Basically:
* it’s a safe bet that labor will have lower value in 2031 than it has today
* if you have a billion to spend, and you agree, you will be inclined to put your wealth into hard assets, because AI depends on them
In a really abstract way, the world is not responsible for feeding a new class of workers: robots.
And robots consume electricity, water, space, and generate heat.
Which is why those sectors are feeling the affects of supply and demand.
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The world IS responsible for handling the people. Thats the whole fucking reason we made society to take care of children. Nothing is inevitable. It serves the interests of the few.
> * it’s a safe bet that labor will have lower value in 2031 than it has today
If AI makes workers more productive, labor will have higher value than it has today. Which specific workers are winning in that scenario may vary tremendously, of course, but I don't think anyone is seriously claiming AI will make everyone less productive.