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[quote=Anonymous][quote=Anonymous]Maybe you guys don’t read enough, but we are getting very close to having robots grow and manage our crops, take over trades, medical procedures and even 1st year legal associate jobs are in danger of being automated out.

I can’t help but imagine a large segment of an unemployed population growing disillusioned with capitalism itself. They vote. And if they vote for UBI and in their natural self interest it just feels like capitalism will suffer and some new form of society will form.

Basically is my VTSAX going to be worth 1000% more in 2050 is my question. We are rapidly getting to the point of mass layoffs for white collar and even some blue collar jobs soon. Plus AI doing a lot of coding and all other types of sht. You people need to read more about what’s coming.[/quote]

1.  Crops- you do know that crop management is almost entirely automated for a lot of it now?  Only takes a single farmer to drive a combine harvester.

2.  Trades- again, a lot of it is already automated at a certain level, especially the way big firms have things managed.  The difference is that they have control of the algorithm.  If you think a firm is going to give control to a system they don't control, good luck with that.

3.  Medical procedures- I doubt people will be interested in having robots do this work, and if you can't get patient consent, what do you have?

4.  First year associate jobs- okay, yes basic work can be automated, but you are still going to need an expert to review the work- judges don't tend to like hallucinated case cites.

5.  Coding- not my area, but I have heard that companies which have actually used AI coding have ended up spending so much time debugging it that they are rapidly reconsidering.

https://futurism.com/artificial-intelligence/new-findings-ai-coding-overhyped

There is a cost side to all this, you know?  I just think you are getting way ahead of where it will actually end up.[/quote]

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