Source: David Friedman’s Substack
by David Friedman
“AI, like other new technologies, will substitute for some kinds of human labor. It does not follow that there will be fewer jobs. Over a little more than a century, farming went from about half the labor force to just over 1% with no apparent effect on overall employment rates. It does mean that some people now working in fields that can be automated — truck drivers and cab drivers if we get full self-driving automobiles — will have to do something else. If, as seems likely, the change occurs faster than in the past, a decade instead of a century, many will be substantially worse off as a result. Their loss will be more than matched by the gain to the people consuming what they produced but that may be little consolation to them.” (03/22/25)
https://daviddfriedman.substack.com/p/how-can-ai-make-us-worse-off