New technology has replaced human jobs since the start of the Industrial Revolution 250 years ago. The replaced workforce have always moved to other jobs, often in entirely new professions.
For all those 250 years most people have predicted that the next new technology will make the replaced workforce permanently unemployed, despite the track record of that prediction. We constantly predict poverty and get prosperity.
I kinda get why: The job loss is concrete reality while the newly created jobs are speculation.
Still, I'm confident AI will continue the extremely strong trend.
Long before the industrial revolution. The ox-drawn plow was invented about 6000 years ago in Mesopotamia or India (my memory's poor, sorry) and it put a lot of workers with hoes out of work, while also growing prosperity and the number of people who gained work thanks to that increased prosperity and population growth it supported. It has always been this way and always will be.
For all those 250 years most people have predicted that the next new technology will make the replaced workforce permanently unemployed, despite the track record of that prediction. We constantly predict poverty and get prosperity.
I kinda get why: The job loss is concrete reality while the newly created jobs are speculation.
Still, I'm confident AI will continue the extremely strong trend.