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Generation X may be the first to need a universal basic income

https://thehill.com/opinion/finance/5538292-gen-x-job-security-ai/
10•01-_-•2h ago

Comments

catigula•1h ago
>Some estimates suggest that half of all white-collar jobs will disappear as artificial intelligence advances

I find this so odd. Is there an imagining that there is some imminent trivial threshold at which AI will stop improving?

If AI improves at the current pace, all jobs will disappear as the very minimal floor of change.

AnimalMuppet•1h ago
All jobs will disappear, possibly within one year? Um, no. No way. Not even all white collar jobs, and certainly not all jobs.
josefritzishere•1h ago
There is one reasonable basis on which AI will not improve signifigantly. AI already effectively has access to all data ever created and it can't tell you how many Bs are in Blueberry.
philipallstar•52m ago
> Is there an imagining that there is some imminent trivial threshold at which AI will stop improving?

AI seems to need more and more power and expense thrown at it to get from say a 70% answer to an 80%, then just as much again to an 85%, then just as much again to an 87.5%. Speed of progress in the lower percentages is not an indicator of speed in the higher percentages.

catigula•31m ago
Whatever the power/expense GPT-4 -> GPT-5 is such a large improvement that I can scarcely say that it is very different from GPT-3 -> GPT-4. If this happens only one more time, you're going to see really large changes.
taylodl•51m ago
If AI improves at the current pace, then few jobs will disappear. Yes, I'm well-aware that some companies have engaged in cyclic belt-tightening and are trying to sound forward-thinking and say it was a result of AI, but there's no evidence that AI actually caused any of those job losses.
taylodl•1h ago
The United States will handle this crisis like they do every other crisis: ignore it and let the chips fall where they may. Besides, Gen X is too small of a voting bloc to effect change benefitting themselves. That's been a deciding advantage for the Baby Boomers.
josefritzishere•1h ago
This is true today, but only for about another 5 years. The Boomers are aging out. https://www.pewresearch.org/short-reads/2020/04/28/millennia...
taylodl•44m ago
The Boomers are aging out, but Gen X will still be too small a voting bloc to effect change benefitting themselves as the Millennials will be the largest voting bloc - and I don't think they're going to be a mood to save Gen X from themselves.
johnjames87•1h ago
Jobs taken by automation have always been replaced by jobs created by the economies resulted from automation.
palmotea•50m ago
> Jobs taken by automation have always been replaced by jobs created by the economies resulted from automation.

Completely irrelevant.

Just because something happened in the past, doesn't mean it will happen in the future. Especially when you're talking with vague generalities (like you are) about something where the devil is in the details.

And then there are the personal effects, which comments like yours completely fail to address. If you lose your job and end up working at Walmart for a 10% the salary for the rest of your a career, while some other guy someplace else gets a new job that pays 75% your old one, is that a good outcome? People aren't fungible, especially when thinking about themselves.

philipallstar•1h ago
This article assumes the answer is UBI, and not existing social safety nets.
naldb•1h ago
Why are these people so obsessed with creating inflation? What does inflation do for them? I suppose they expect all this money to trickle up?
palmotea•41m ago
Screw UBI, it's a dumb half-solution. AI should be fully nationalized to solve the problem. Socializing the benefits is the only way to realize a good outcome for this technology for the vast majority of people.

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