Covid, WFH, Musk, The fall of Twitter, Netflix plateau, Reddit Blackout, Crippling interest rates, Trump, Decentralisation, Tech Antitrust, Ukraine
Adding in Edit: AI, Climate Crisis, Nazis, Fascism, Democratic backsliding, automation, mass unemployment, rising homelessness, wild fires
How are you feeling these days?
We sure do live in interesting times
We could indeed be on the brink of something. The conditions are there but for what? Will we end capitalism, make a new system and try for a better world? Or will we fall into fascism once more?
Even if it’s finally the day we move on from this system that keeps threatening to collapse on itself every 6 months… it’s gonna get a whole lot worse before it gets better…
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AI is going to usher in an age of workerless utopia for corporations, or at least significantly less workers. AI is computationally expensive and capital intensive, so only those with capital are going to be able to deploy it and benefit from it on a large scale. Hiring people is the bane of capitalists. Once business figures out how to use AI beyond customer support chatbots and data analysis, we’re going to see a lot of unemployed and/or unemployable people.
This argument applied to computers back when they took up entire rooms. Now we have much better ones in our pockets.
AI will get cheaper and more accessible. In other words, it will be democratized.
Now, if we are able to mix AI with robots to automate more manual tasks previously done by humans? Yeah that will cause some unemployment.
Yeah, it is kind of scary. We’re at that cusp of development which could be as big as that shift in globalization and technology was in the late 1970s…we have made so much technological progress, but little social progress, and that means we are very ill equipped to deal with the awesome power of the technology in front of us…