Yes, generative AI is transformational. Will it eliminate most entry-level jobs? That depends. Will we continue to demand excessive returns on capital? If so, then we're in trouble.
For instance, in 2013, there were a lot of complaints about Amazon avoiding sales taxes and engaging in predatory behavior around book pricing. How did Jeff Bezos answer this charge? “Amazon is not happening to book selling,” he said, “the future is happening to book selling.” I see a lot of similarities between that political language and the AI discourse.
This is the reason I like Matt’s blog, since I think one of the big things about AI isn’t just the technology (though I have tons of complaints there), it’s also about the politics around this tech. We just have a bunch of monopolists running around saying “you’re not ready for the future” as a way to just enforce existing power structures.
This is the reason I like Matt’s blog, since I think one of the big things about AI isn’t just the technology (though I have tons of complaints there), it’s also about the politics around this tech. We just have a bunch of monopolists running around saying “you’re not ready for the future” as a way to just enforce existing power structures.