ML Impacts [D]

Submitted by evomed t3_zxfjxq in MachineLearning

Hey everyone,

I wanted to bring up the issue of AI taking people's jobs and the potential consequences of this trend. As AI technology continues to advance, it's becoming more common for companies to replace human workers with software and robots. While this can lead to increased efficiency and cost savings for businesses, it also means that many people are losing their jobs and struggling to find new employment.

One of the main concerns with AI taking people's jobs is the impact it will have on the economy. As more people become unemployed, they will have less money to spend, which can lead to a decrease in consumer spending and a slowdown in economic growth. Additionally, the displacement of human workers by AI can lead to increased income inequality, as those who are able to adapt to the changing job market and work with AI may benefit, while those who are unable to do so may be left behind.

There are also ethical concerns to consider. Should we be creating technology that takes people's jobs and leaves them without a source of income? Is it fair to put the burden of adapting to the changing job market on individuals, rather than on businesses or governments?

I'm interested in hearing your thoughts on this issue. Do you think AI taking people's jobs is a problem that needs to be addressed? If so, how do you think it should be addressed?

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Miguel33Angel t1_j21b4lm wrote

You blame on things that are caused by employers, not ML or AI

As more jobs get automated more money comes to companies allowing them to define better conditions to current employees, so they could make everyone work 4h a day, instead of 8. Or they can increase profits

This is more or a "What happens if noone needs to work?" And "Should humans work to get the basic necessities covered?" Than a "what we do with AI?"

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gamerx88 t1_j239l9d wrote

Technological improvements and economic restructuring taking away jobs is nothing new and is not AI specific. Such creative destruction ultimately leads to a productive economy and better standards of living for all.

I do recognize however, that these net benefit is not equally distributed throughout society. Those who bear the brunt of the cost (unemployment) may not even get a shred of the payoff from improved productivity. Secondly, I do think that the potential scale of disruption from AI may be far greater than other occasions in history, and there may be extremely short term suffering on an unprecedented scale in the short term.

Hence, I do think that policymakers should seriously consider the ideas of universal basic income and enhanced social safety nets when the time comes.

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Hariienesh1901 t1_j23f0z5 wrote

AI technology is replacing human workers in many industries, leading to job loss and unemployment for some people. This can have negative consequences for the economy and contribute to income inequality. There are also ethical concerns to consider. The impact of AI on employment and the economy is a complex issue that requires a multifaceted approach to address these concerns.

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Ataru074 t1_j247fvr wrote

Replying to Miguel33Angel (#1,129,605)

Exactly. Society adapted over time to changing working conditions, productivity etc.

The entire idea that a “living wage” has to come from 40ish hours of work a week is… a construct, or a social norm.

The entire idea that productivity increase has to go into value for shareholder is another construct. We could just live equally well saying that productivity increases go toward reduction of worked hours.

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