How Do Things Look When We Have Near Infinite Labor?

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(Edited)

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We already know the digital world is changing a great deal. This is a fast moving arena that has a lot of disruption. Of course this bleeds over into the real world.

In this video I discuss how what we are seeing there could be mirrored in the phyisical/real world. This is soemthing that is going to radically change a lot of thigns. How are we going to handle this?


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Bang, I did it again... I just rehived your post!
!BEER
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I am skeptical of the premise of "near-infinite labor." Industrialization, mechanization, and digital advances have all multiplied productivity, but have never resulted in systemic unemployment. With every advance, there are predictions of massive upheaval, and while change always results, it's never what the sensationalists predicted.

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Summary:
In this video, the speaker discusses the transitionary period between the physical/real world and the digital/virtual world. He explores the increasing impact of automation on various industries and the potential future of robotics in the physical world. The speaker emphasizes the importance of considering economic, societal, and personal implications of advancing technologies like AI, robotics, and automation. He expresses concerns about the concentration of power in big corporations and advocates for widespread ownership and involvement in technological advancements to address potential challenges like employment issues and inequality.

Detailed Article:
The speaker delves into the ongoing shift between the physical/real world and the digital/virtual world, emphasizing that while the digital world is expanding at an astonishing rate with advances in computation and processing, the physical world, particularly governed by powerful entities like governments, still significantly influences our daily lives. He highlights the impact of automation on society, illustrating a historical progression of machine implementation, leading to a reduction in human-operated tasks across various industries. The speaker forecasts a future where automation extends to tasks traditionally performed by humans, such as landscaping or construction.

Moreover, the discussion transitions into the potential development of general-purpose robots with specific, narrow functions, contrasting this concept with the notion of artificial general intelligence (AGI). The speaker envisions a scenario where the production of robots surpasses that of human labor, raising questions about the economic and societal consequences of such a shift. He stresses the need for diverse ownership in technological advancements to mitigate potential negative outcomes like employment challenges and social inequalities.

The speaker expresses skepticism towards the control exerted by large corporations like Facebook, Tesla, and Google, cautioning against blind trust in these entities. He calls attention to the existing influence of corporations over governmental bodies, citing examples of regulatory agencies seemingly aligned with the interests of industries they oversee. This leads to a broader discussion on the implications of technological developments, advocating for a more inclusive approach that involves a wider spectrum of the population to navigate the forthcoming era of increased automation and advanced technologies.

In conclusion, the speaker urges vigilance in monitoring the trajectory of technology and stresses the importance of widespread participation in shaping the future landscape to address emerging challenges effectively. He underlines the significance of considering the potential impacts of near-unlimited labor coupled with advanced computing capabilities, envisioning a future where automation transforms various industries and tasks, raising pertinent questions about societal, economic, and personal implications.

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