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For Silicon Valley, AI isn’t just about replacing some jobs. It’s about replacing all of them
"...I recently found myself at a dinner in an upstairs room at a restaurant in San Francisco hosted by a venture capital firm. The after-dinner speaker was a tech veteran who, having sold his AI company for hundreds of millions of dollars, has now turned his hand to investing. He had a simple message for the assembled startup founders: the money you can make in AI isn’t limited to the paltry market sizes of previous technology waves. You can replace the world’s workers – which means you can capture their salaries. All of them...."
#AI #aipocalypse #capitalism #jobs #labor
For Silicon Valley, AI isn’t just about replacing some jobs. It’s about replacing all of them
AI will do the thinking, robots will do the doing. What place do humans have in this arrangement – and do tech CEOs care? says Ed Newton-Rex, founder of Fairly TrainedEd Newton-Rex (The Guardian)