AI doesn't change the equation; it makes the equation more brutal for people who don't have capital.
If you don't have capital, the only way to get it is by trading resources or labor for it. Most poor people don't have resources, but they do have the ability to do labor that's valued. But AI is a substitute for labor. And as AI gets better, the value of many kinds of labor will go towards zero.
If it was hard for poor people to escape poverty in the past, it's going to be even harder with AI. Unless we change something about the structure of society to ensure that the benefits of AI are shared with poor people.
alt Hacker News
AI doesn't change the equation; it makes the equation more brutal for people who don't have capital.
If you don't have capital, the only way to get it is by trading resources or labor for it. Most poor people don't have resources, but they do have the ability to do labor that's valued. But AI is a substitute for labor. And as AI gets better, the value of many kinds of labor will go towards zero.
If it was hard for poor people to escape poverty in the past, it's going to be even harder with AI. Unless we change something about the structure of society to ensure that the benefits of AI are shared with poor people.