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The highest unemployment rate during the great depression was 24%. The knockon effects of almost 12% of the ecconomy losing work will make that pale in comparison. But hey, this 12% is probably just at the beginning. After all, AI is the worst it will ever be.
This seems like a recipe for guillotines or UBI. Wonder wich the rich will choose?
Edir: was he the first of many?
If an AI lawyer or doctor costs 1/10,000 the cost, a lot of people will risk it. Hell, insurance companies would be drooling over the opportunity.
It's actually the opposite: https://futurism.com/future-society/insurance-cyber-risk-ai
Different context of AI utilization. AI to deny claims is a dead giveaway. For the other stuff, they'll chip away at it.
None of these things will be replaced. They will be (and are) assistants, which is nice, but the idea that whole professions will be usurped is fantasy.
Welcome to lemmy where every question is 100% or 0%. AI will augment many professions leading to a lower need for such people.
Fediverse Spaceport. You will never find a more wretched hive of scum and pedantry. We must be cautious.
I think an especially interesting use case for AI is yearly cancer screening. Instead of doing screening only every 5-10 years (and only for specific body parts), you could screen yearly, if the costs of the tests drop dramatically. As we all know, early detection is key to effective treatment.