Vibe Capital Accumulating - allen
Technology has historically had two countervailing effects on labor—what economists call the “substituting force,” which replaces labor, and the “complementary force,” which augments it. Generative AI optimists argue the complementary force has won out through each subsequent wave of technology. A classic example is the ATM, which should have
... See moreKatie Parrott • The Past: A Brief History of Knowledge Work
During the 20th century and the first decade of the 21st century, the dominant view among economists has been that belief in long-term technological unemployment was indeed a fallacy. More recently, there has been increased support for the view that the benefits of automation are not equally distributed.[47][48][49]
Luddite
Last night at dinner talking about subculture stuff and I bring up my standard boring/reductive Q about “how punk skate hip hop etc had monoculture to rebel against, so what now?,” and a brilliant friend answered straight up, “AI will be mainstream monoculture-esque, and is at its core boring and average and uncreative, and that is what people will... See more
Michael J. Miraflorx.com