I suspect these AI-displaced workers in the long run will suffer the same fate as workers affected by deindustrialization. They won’t die of starvation, obviously. But they will never be “retrained” to roles that offer them similar income, status, and leverage over employers. Instead they’ll be sucked into an ever-expanding economy of service work.
> But they will never be “retrained” to roles that offer them similar income, status, and leverage over employers. Instead they’ll be sucked into an ever-expanding economy of service work.
Which will probably depress wages of service workers - unless somehow there is a dramatic expansion in service demand, which apart from particular industries (i.e elder care), seems unlikely.
>They won’t die of starvation, obviously.
Narrator: This was not, in fact, obvious.