Yep. I'm already seeing AI start to displace some jobs. And what we're seeing right now is the "baby" form of AI. What will it look like in 5 years? 10? 20?
But really AI is just part of the puzzle.
Everyone talks about Tesla as it is now and how bad their self-driving is - without considering that one day it will get better. And it's not just Tesla; it's places like Waymo too. Let's not forget that Tesla now sells semi trucks, and there's no reason why the tech won't apply for them as well. One day - not today, but maybe in a decade - self-driving will be the norm. And that kills off Uber, taxis, semi-truck drivers, and anyone else who drives for a living.
And that applies to other delivery methods too. Right now, Domino's has a pizza-delivery robot. At scale, those can replace DoorDash, Amazon, and even the USPS. Any job which is "move a thing from one place to another" is at risk within a decade. Even things which don't exist now - like automated garbage trucks - will one day soon exist. Like, within our lifetime.
Did I mention that ChatGPT can write code? It's not good code, but it's code. When given enough time - tech will replace a good chunk of programmers, too. Do you primarily use Excel in your job? This same AI can replace you, too.
His analogy was basically: just because the stagecoach was good for horses doesn't mean that when the car was invented there were even more horse jobs created. You can't presume that new technology will always create jobs; at some point it's going to cause a net decline.
And what happens when entire industries disappear overnight? What will happen to college students who now can't get a simple customer service job to put them through college? What happens to entry-level jobs?
Like I said. The genie is out of the bottle.
Now. It's in the capitalist's best interest to have money entering the workforce. If the workforce doesn't have money, they don't spend that money, and the capitalist doesn't get more money.
It's in the politician's best interest to keep the masses happy. They are what decide elections, and automation isn't going to stop elections from happening.
Because of that, there are 3 ways things can go down:
A complete ban on AI capable of a certain level of automation. I think this is unlikely but conceivable. I expect conservative parties to start championing this in 10-20 years.
A universal basic income/expanded social safety net. Notably this is what Andrew Yang was talking about in the US 2020 primaries, and - whether you like Yang or not - it's something that has gained traction.
Fully automated luxury gay space communism. I find this the most unlikely option, but if the politicians/capitalists for whatever reason decide to ignore the fact that 3/4 of the workforce doesn't have a job... well, something's gotta give. But like I said - I don't think this will actually happen, or even come close to happening.
I expect that politicians will be reasonable and nip this in the bud with something like UBI. The reaction will be similar to what happened during the pandemic - nobody has a job and nobody can work, but the economy needs to go on. So the government gives people a stipend to go spend on stuff to keep the economy going.
But honestly... who knows? It could really go either way.