Right now we are in the golden age where we do the same and take time off. Employers have not yet fully caught up with the workforce. I can't think of people that are not putting less hours this year for the same salaries.
Right now we are in the golden age where we do the same and take time off. Employers have not yet fully caught up with the workforce. I can't think of people that are not putting less hours this year for the same salaries.
The questions is what happens when they catch up. They'll cut like 50%+ of the workforce? What happens then to the demand that makes their companies work?
Or an example of MS - their main cost like most software companies are people, especially software devs, which are to be replaced by AI so on the surface they would greatly benefit from it. But their products are centered around helping out people do stuff on the computer. Why would you need that when the AI will do it better and faster directly operating on the data or using e.g. Python?
Who knows. What I tell is that the AI productivity boom is here. Just for a change right now it is not shown on businesses balance sheets, because it is captured by the workforce in non monetary ways.