alt Hacker NewsWhy does everyone seem to assume that there is a finite amount of work available?
If all of the sudden it becomes possible to build a B2B company at 10x less cost which can save its customer, say, $1m per year and before this company cost $2m per year to run and now costs $200k, then it means before this was unviable and now it is viable — up to $800k profit a year now versus $1m loss per year before — then this increase in productivity has caused an increase in the number of available jobs.
Our economy would have collapsed a long time ago if an increase in productivity resulted in a decrease in employment.
I'm not buying this argument at all. What jobs are available to humans if AI can do it all? I foresee everyone paying Anthropic to do anything.
The only jobs left are manual jobs at small scale (think waiters, cleaners, nurses), but only because robots still aren't good enough.
LLMs have shown us that all the jobs we once thought were safe (creative, coding) are really not safe at all.
Even if it results in AI slop, you can clearly tell that people don't mind and don't realize.