Dave - I found an interesting comment on economic consequences of AI in a Twitter thread a few days ago (though I forget where). The argument goes as follows.
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Company A will reduce their staff by 50% for the same output and save costs.
Company B will keep their staff, increase productivity by 100% and gain market share.
Company B wins.
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It's a bit of different thinking about this topic.
The reality will be a mixed scenario, but some version of cost-cutting and increased productivity will play out. It's only Company C who loses out.
$ 0.02
@boris_steipe that's really interesting! Yes, I can absolutely see it playing out like this in different industries…