I genuinely feel bad for the up and coming generation. I remember the rush to learn how to do web design, I even took some classes at the library to build a basic website. It feels like this could be even bigger than ecommerce sites and internetification of things. Many of my friend's kids are seriously considering learning trades to fall back on. With all of the AI use, someone needs to be able to wire the data centers.
If AI Replaces Jobs, Where Does The Money Go?
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If AI keeps replacing jobs, people have less to spend and businesses eventually feel that too, so does AI end up hurting the companies betting on it? Also with governments depending on income tax to fund everything from healthcare to schools, where will that money come from? As a student, what worries me is if entry level jobs disappear, how do we even get started? I feel like this will cause a huge cycle that includes everyone from students, to employees, to companies, to countries struggling to pay for things. Would this cause deflation, making things as cheap as it used to be?
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That's actually a really good point Leo, trades might be one of the safest bets right now since you can't really automate someone physically fixing or building something on site. I find it funny that the generation that uses the most technology will be the one going back to the trades.
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AI can process years of climate data in seconds, but what happens when the data is incorrect or is missing something? Does it just reach the wrong conclusions faster? Do you guys think AI is actually moving climate research forward, or are we trusting the output without questioning what's goes on behind the scenes?