Ariel Diaz
Fwd: When Will AI Take Your Job?
Naturally, many people fear for their job. But this fear is not new.
If there’s a lot of latent demand, you can keep flooding the market with higher productivity, it will eat it all. If there’s little latent demand, the increase in productivity will cover it. If productivity grows very very fast, it will drown latent demand and get into job destruction mode. (View Highlight)
How is this possible? Is Ronaldo 10 times better than the average player? Does he score 10 times more? Run 10 times faster? He doesn’t. Nor is he much better than Pelé was ⁴ . Yet there is a nearly 100x difference in compensation between them. Why? (View Highlight)
Note: power law effects everywhere
> Studios such as Pixar have 600 or more creative people working on a movie for three to four years. They need to be housed and provided a creative environment and tools to do their creation.—> > Source> . (> View Highlight> )