Artificial intelligence is coming for the meritocracy.
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Like on average it probably helps, but if your interests don't lie in what makes money in the current economy, then even being the next Einstein won't really change much. If you're a genius that wants to help teach people in a school or university, you're going to make a lot less money than if your interests lay in setting up a business or getting into finance.
AI can help you do things faster, but it won't make you financially successful if the things you're interested in don't have a lot of economic demand.
The most important number is that 50% of consumer spending is attributable to the top 10%. That's Google engineers driving up the price of everything from housing, to cars, to Disney World tickets. The income levels of this group has grown several times faster since 1970 than the median income. That directly hurts the middle class, which is out-competed for the same scarce resources.
If anything - it seems that AI is _attacking_ the things the elite have. Elite people have private tutors/expert networks, now people do too for $20/month. What if the cost of education collapses to zero? It already sort of was - I learned to program on a ~$1,000 computer while Google engineers had access to $100s of millions of hardware, and it was enough.
Also, open-weight models are powerful and relatively cheap to run. So it's not like OpenAI can just close the doors (short of extremely strict regulation which seems to be a lost cause).
My opinion is that our current generation of A.I. will just raise the high water mark for what's possible.
Until we have AGI, ASI, or Recursively improving AI....A.I. in it's current form is a tool that adds a constant to some peoples intelligence and an exponent to other peoples intelligence...and many people of all intelligences refuse to use it.
K shaped economy is not result of AI.
Smart people will be more effective. Average people will remain average. Dumb people will become dependent on it.
I believe all people will become dependent on it. And then the rent will be jacked up. Everything else wouldn't fit with the dominant capitalist incentive to always maximize extraction and suffering.
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