this post was submitted on 21 May 2024
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Should I start worrying about my job? (www.theverge.com)
submitted 6 months ago by DiogenesTheGreat@lemmy.world to c/technology@lemmy.world
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[–] admin@lemmy.my-box.dev 17 points 5 months ago (1 children)

  • "AI means there will be fewer people required to do the same amount of work"

  • "this does not mean higher unemployment"

I think you left out a steep off reasoning there. At least, I don't follow.

[–] MxM111@kbin.social -4 points 5 months ago (1 children)

When productivity increases (as it has been doing for ages) the manufacturing output increases. That’s what normally happens.

[–] admin@lemmy.my-box.dev 8 points 5 months ago* (last edited 5 months ago) (1 children)

But the amount of workers will only stay the same if demand grows at the same rate as the production output.

[–] MxM111@kbin.social -4 points 5 months ago (1 children)

Well, the price goes down, or/end the salaries go up, or resources are freed for new investments…

[–] admin@lemmy.my-box.dev 1 points 5 months ago* (last edited 5 months ago) (1 children)

Only in the last case there is a chance that the amount of jobs will remain the same, the other cases will lead to lost jobs.

[–] MxM111@kbin.social -1 points 5 months ago

Prices going down leads to increased demand and expansion. Salaries (everywhere) going up lead to increased demand and expansion.