My view is that we spend a lot of time thinking that ai cant do x and y when the wider problem is the short to medium term redirection of capital to tech rather than labour.

Ai might not replace current work but it’s already replacing future hypothetical work. Now whether it can actually do that the job is besides the point in the short term. The way business models work is that if there’s an option to reduce your biggest cost (labour) you’d very much give it a go first. We might see a resurgence of labour if it turns out be all hype but for the short to medium term they’ll be a lot of disruption.

Think we’re already seeing that in employment data in the US, as new hiring and job creation slows. A lot of that will for sure be the current economic environment but I suspect (more so in tech focused industries) that will also be due to tech capex in place of headcount growth