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Vincent T. Lombardo's avatar

Great piece! I completely agree! We never seem to read or hear about the benefits that AI can bring. I find it a terrific research tool, although I try to verify what it tells me -- but I did that before when researching on the Internet.

Jojo's avatar

"Ordinary slobs like me have no idea what benefits we’re likely to gain from the AI revolution. None. All we hear is that AI is going to kill jobs, make cybersecurity a nightmare, and . . . well, that’s basically it.

We don’t have any sense of what the upsides may be. I mean the real upsides, not vaporous economic concepts like “productivity” or diversions like making videos of ourselves dressed as Ant-Man and the Wasp."

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Here's the upside.

Imagine a world where you never worry about paying rent, buying groceries, replacing your car or affording medical care again. AI and its robot workforce produce virtually everything at almost no cost, making abundance the norm instead of scarcity.

That is where the AI revolution ultimately leads. Once machines do virtually all productive work, there will be little need for human labor, wages or even money. Economic systems built around scarcity will simply become obsolete because scarcity itself will largely disappear.

In that world, everyone has access to the same necessities and opportunities. . Poverty and wants disappears, because AI creates so much that there is more than enough for everyone.

The hard part of this future, which I believe could be as soon as 20-30 years out, will be surviving the transition as millions of jobs disappear long before the full benefits of that future arrive.

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