OpenAI can stop pretending

I wonder why people reflexively quote a "fallacy" from the year 1891! It wasn't true even back then, as evidenced by the multiple economic crises that followed.

Nowadays we have a completely different economy to begin with, saturated with "bullshit jobs" (Graeber) already.

The amount of new inventions is finite. In the 1990s we had TGV, Concorde and Maglev trains. Perhaps physical inventions have been somewhat exhausted?

What invention is on the horizon that will provide new jobs for those laid off from "bullshit jobs"?

How did society support Einstein when he discovered relativity? It didn't: Despite the invention of the tractor in 1892, which, according to HN commentators, should have provided him with a carefree life, he had to take a job in the patent office. Which, according to "AI" fanatics, would now be automated by "AI".

I always get a little triggered when i hear the phrase job creation. it’s like a solution in search of a problem. here idk if you’re using it in the way i usually hear it because i generally agree -productivity gains boost the economy. for me, i wish the focus was on value creation. i think of the economy like a bike, the slower it goes the harder it is to balance. i come from a biology background and there there is ‘boom bust’ as a widespread and normal process. if humans are clever enough, even when we run out of resources and are about to bust, we can just suddenly invent fertilizer or countless other things. we took natural gas and added value to it. humans have lots of tricks to keep the bicycle chooching along. Regarding ai, it’s a systemic change. most people aren’t great at systems thinking because most people are specialists. so it’s not too likely you’ll hear a salient take on what ai will do despite some rather smart people commenting. The one trend i like to look at is sort of a scale reset or, how do you say forest from the trees? what i mean is, one of corporate’s great advantages are their size and swath of roles and the coordination that allows them to have an outsized advantage-essentially leveraging the collection of specialist to gain a dominate effect in working ‘the system’(navigating government, economy or scale, overwhelming capital, etc). Enter AI, subsuming these roles into one thing and sort of resetting the required scale to have some of the corporate power/advantages. Of course these are some rosy shades but i often approach new things with “what’s the best that could happen” and it has served me well.

They boost the economy if there exist enough mechanisms that spread the generated gains to everyone. Those mechanisms used to be unions, political power of the working class and the demand for labor. The first two are close to nonexistant now, and the third one is being eroded at an increasing speed. The closer to human abilities automation gets, the less room there is for new human jobs to be created. At some point any new job invented can also be done by an AI, and at that point productivity gains have no mechanism with which to spread into the economy. At that point the owners of the machines will get everything they want from them and they'll have no need to pay other humans anything.

Literally trickle-down economics.

Yea, I believed that for a while and still do...but we're going to go through a rough patch first. There's a bunch of people who don't understand how this works and are looking for a get rich quick scheme. Very lazy people. They're going to further devalue employees and expect unrealistic outcomes.

It's going to take some time here before people learn how AI fits into the every day and along the way there's going to be some wild stuff.

I also expect there to be a very very strong addiction or cult-like behavior. Mental health will suffer as well. Very dangerous times.

Economics is a pseudo-science typically used to launder political ideology, but this "fallacy" is particularly ill suited to this discussion. Yes, it's true that automation doesn't necessarily cause a net unemployment across the board to go up. But it can still decimate employment in the automated sectors. From that link:

>While many workers fear that automation or artificial intelligence will take their jobs, history has shown that when jobs in some sectors disappear, jobs in new sectors are created. One example is the United States, where a century of increasing productivity and technological improvements changed the percentage of Americans employed in the production of food from 41% of the workforce in 1900 to 2% in 2000.

The problem with AI is that it tends to automate away skilled jobs, ones that sometimes required many years of study and educational debt to get.

So the net result, with respect to software engineering, which was the context of the discussion is here, is not "job creation." The net result is that people (especially the junior ones who just got out of school with a pile of debt) are now forced to compete for jobs they aren't necessary any more qualified for than people without those degrees.

This applies to other things where AI massively reduces the number of people needed. Journalism, art asset creation, etc. These are the kinds of cushy and often fulfilling jobs that are only possible because our grandparents and their parents, and so on, worked backbreaking or mind numbing jobs to build the kind of economy that would support these kind of careers. Thanks AI! My kid might never have to worry about the horrors of creative engineering or artistic careers, freeing up room for the real joy of being a gig economy slave or a factory shift worker!

To be fair the firm's goal is, explicitly, to "replace most economically valuable labor".

"The economy" (GDP) being boosted is very unevenly distributed.

Are the jobs created good jobs - that pay decently, and that people want to do?

https://en.m.wikipedia.org/wiki/Skill-biased_technological_c...

> Who is going to pay laid off software engineers to spend time on inventing anything?

Over my career, I've known many software engineers who were laid off. The ones I kept track of:

1. got another job, sometimes in another field

2. started their own business

3. retired

4. became a consultant

> Fortunately, "AI" decreases productivity in software engineering

Citation needed.

If you can invent, build, operate, or fix useful things, there will always be someone willing to pay you.

Proof that employers compete for labor lies in every job where the pay exceeds minimum wage.

> The farmer owns the farm

I grew up in a family with a lot of farmers and I can tell you this is not universally true.

It’s very common for farmers to have leased their farmland or fields.

I can also say we are all very much better off with farming automated on a large scale. Farming jobs were brutally difficult in the past

The farmer enjoys greater economies of scale, and there is more food in the system, driving prices down overall. The farmer doesn’t just charge the same that they would have without the tractor.

Productivity really is good for everyone. It’s the reason quality of life has improved dramatically in the past 50 years despite real wages being stagnant to declining.

Except that many software engineers _do_ own the farm. A large percentage work in startups where equity is a big part of the pay.

Only a small minority of farm workers owned the farms they worked on even back before tractors. And the tractors didn't do much to help most of those owners either. Industrial farm equipment increased the area a single farmer can work so far beyond what he could before that it made no sense for owners of the time to each have their own equipment and most sold their land and consolidated the industry into much larger farms. Farm employment went from 90% of all workers before the industrial revolution down to a bit over 1% today in the US.

And maybe it happens to software engineers next. So what? The economy looks completely different today than it did 50 years ago, which was completely different than 50 years before that, and that shouldn't stop just because some people feel childishly entitled to do the same work for their whole lives even it if it is obsolete. I'll just change careers like I have done twice before. There's a massive shortage of electrical/plumbing/hvac contractors. There's a massive shortage of nurses / doctors that will only get worse as the population gets older. Not as cushy as my mid six figure tech job, but I have no god given right to that. And there's plenty more opportunity beyond that for anyone willing to take it, so if any other engineers want to cry about it, their tears will be wasted on me.

DDG: john deere drm

You're ignoring what I said in the first part, which is that consumers get more features faster. You're right that prices won't necessarily drop, but consumers are still getting more bang for their buck so the benefits are still there.

And competition between companies ensures that no, the profit margins in the industry don't go up in the long-term. You can look up corporate profit margins yourself. They can go up briefly at times and they can go down, but there's no long-term trend of profit margins increasing over the decades. Competition is alive and well to ensure that benefits do indeed go to consumers in most cases where there aren't monopolies that need to be regulated.