Don’t forget health insurance claims too
They pay people to find excuses to reject claims. Same problem, just applied to another problem.
Jokes on them, when there are no salaries there are no consumers, so no economy.
There’s an economy - paying rent to each other until there’s only one musical chair left.
Sounds like a commie agenda.
It almost is. You know they’ll run to the government demanding they give out stimulus checks, UBI and the like to the population to keep consumption going.
Which is funny, because even by that metric it doesn’t work since they’re hiring people to moderate the training data and output
A) expenses for that are pittens compared what may be saved in wages later on.
B) First gen of GenAI products, so development still very much ongoing. Of course more RnD is needed, which always costs money. Was the same with pretty much very product we can by today. Nobody in their right mind would expect the first shot to be the final product.
That being said, some ten twenty years from now though…
Would argue its about control too.
When you control the flow of information, you control how people will use that information.
I’m pretty sure AI will figure out that no wages = no buying = no sales = no profits. The leopards will eat their own faces.
Some companies have already their own powerplants, then they can acquire some primary production and then finally they can be their own state and play King without subjects.
In fairness, AI has radically improved my personal productivity.
I can make an instructional video for an internal task, use STT to transcribe the audio and then have AI organize my dictation into instructions. Is it perfect? Absolutely not, but it does about 85% of the job and saves me a ton of time organizing and formatting.
Additionally, it is very good for other menial tasks. I needed a comma separated list of in time format 00:00, incrementing by 30 second intervals, up to 50 minutes. Time math and formulas are weird, having it create that saved me a lot of key strokes.
Could humans do these things? Sure, but it’s not an efficient use of time! When I need it done, I need it immediately; and I don’t need someone on staff for these random tasks as they aren’t remotely frequent enough to offer anyone a semblance of consistent employment.
Surely you understand no one likes working. It can do mundane, dehumanising and dangerous things.
AI can also solve other problems like premature death, illness, prevent crime, optimise food supplies etc.
This is much too optimistic for reality. Surely you realize it doesn’t matter what “one” likes or doesn’t like. It matters what the 1% likes. “Can solve” vs “will be allowed to solve”
AI could be used to automate menial tasks, but instead it’s being used to automate creativity. The people who own the AI also own the companies that benefit most from not paying people to maximize profits on creative work. They will not use it the way you and I envision it.
