Who says that AI replacing work needs to be dystopian? Not spending half of your wake time and maybe a third or fourth of your life doing some job could be pretty utopian, if we adapt our society and systems in time. As long as it comes with reproduction control, there's nothing unsustainable about it.
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[Politics] Bigger economic problems incoming
- Thread starter Dibdab
- Start date
Who says that AI replacing work needs to be dystopian? Not spending half of your wake time and maybe a third or fourth of your life doing some job could be pretty utopian, if we adapt our society and systems in time. As long as it comes with reproduction control, there's nothing unsustainable about it.
Crawley Dingo
Political thread tourist.
- Mar 31, 2022
- 593
I'm not doubting tech has destroyed jobs, I am arguing that tech goes on to create even more thats why the number of jobs over time has increased not decreased. This may at some point end but it hasn't. This whole argument re-emerged because Andrew Yang a US politician was pushing it to promote UBI(Universal Basic Income). He was called out on that because the number of jobs business cycles aside are increasing. Your argument has no end product.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,300
exactly this. and until there is artificial intelligence worthy of the name, the first question isnt even worth asking.
though, to return to the subject of CS, the way we see social media parrot around rumour as if fact, one has to question how much real inteligence there is. it could frankly all be bots.
AI is different from previous technological advances in a number of ways. First, AI is designed to replicate and exceed human intelligence, whereas previous technologies have been limited to replicating or assisting human activity. Second, AI has the ability to learn and improve itself over time, whereas previous technologies have been static. Third, AI has the potential to impact a wide range of industries and sectors, whereas previous technologies have been more limited in their scope.
A mex eyecan
Well-known member
- Nov 3, 2011
- 3,309
Hoped...
All of which is why it doesn't exist in any meaningful sense. I know he gets pelters for his awful syntax but Dan' Brown's last book (spoiler alert) engaged with this quite entertainingly.
Crawley Dingo
Political thread tourist.
- Mar 31, 2022
- 593
Yes all true but the mistake you are making is that it wont in turn kick start multiple other sunrise industries. The steam traction engine led to trains, and cars for example.
then petrol, or fossil fuel led to planes and rockets. Whats to say AI doesn't invent anti-gravitational tech? As long as it doesn't go full skynet the futures positive based on the past.
Barham's tash
Well-known member
Careful you’re just using wild speculation here. Ultimately CS has capital reserves far greater than they did during 2008. Their regulators (FINMA in Switzerland and FCA/PRU in the UK) insist upon far more stringent requirements since 08. They have a tier 1 capital ratio of 13.4% way above the required 10% from a regulatory perspective.
What you’re seeing with the share price is a function of speculative trading from
Short selling hedge funds who are using the CDS (Credit Default Swap) price as a trading proxy to spook the wider market and drive the share price down - where they will actually make their money causing a negative feedback loop but ultimately it’s just all noise in the run up to their widely anticipated structural reform paper coming out in four weeks.
DB on the other hand could be in actual trouble due to funding gap issues.
Arthritic Toe
Well-known member
Agree with this - and I'm a labour supporter. He spent years building the bonfire which he subsequently helped to put out (after it had caused incalculable damage) - and now history remembers him as some sort of hero. This was his plan as we were following America towards the cliff edge that he knew very well was ahead. It worked a treat for him.