shoulda known Ed Sheeran was evil when I learned his wife worked at Deloitte. Imagine having an insanely rich husband and choosing to go to work at Deloitte every day
Elon Musk says working will be "optional" soon.
Robots and AI will eliminate non-physical jobs, creating a "Universal High-Income" where everyone gets what they want.
But a Yale paper shows the economics behind his prediction are far more brutal than he suggests.
I'm talking about the paper titled "We Won't Be Missed."
It concludes:
"Half the workforce could stop working tomorrow and GDP wouldn't budge."
i.e. humans become economically meaningless.
The paper splits all work into two categories:
1) Bottleneck work
This work is essential for growth. Energy production, logistics, scientific discovery, and infrastructure. The economy cannot grow unless this work scales.
2) Accessory work
It's non-essential. Arts, hospitality, therapy, and fine dining. It's nice to have, but not required for growth.
AGI systematically takes over everything that's mission-critical.
Some accessory work stays human, not because AGI can't do it, but because we have surplus workers and it's not worth the compute.
In other words, your future salary will be based on the computational cost of replicating your work.
As compute gets exponentially cheaper, your wage ceiling plummets.
The economy grows, productivity increases, but your value is tied to declining tech costs.
Yale's paper concluded:
Labor's share of GDP converges to zero. All income flows to owners of computational resources.
The transition speed determines how painful this gets.
If technology develops faster than computing scales, we get jagged disruption, with some workers receiving huge premiums before crashing.
If compute scales faster, we get gradual, predictable decline in wages.
In my opinion, there is a paradox that Musk missed here.
Work being "optional" is an illusion.
Humans need work, maybe not for survival, but for purpose.
The existential question is:
Would people still choose to work when it's economically meaningless... and when your contribution doesn't matter for progress or prosperity?
“COP30 must be both a celebration and a reckoning,” argues @CFigueres. In a guest essay, she explains why it will be a “moment to honour how far we have come, and to recommit, with clear eyes and steady resolve, to the steeper climb ahead” https://t.co/yOTbdcuLN0
some important issues raised by women:
- r@pe
- SA/SH
- DV
- forced marriage
- human trafficking
- femicides
issues raised by men:
- girlfriend cheating
- why do men always have to pay for dates
- men rejected too much
- women get free drinks
- wife choosing to divorce and getting her half
- i paid, and she didn't sleep with me
HAPPY BIRTHDAY TO ME, GAVIN C. NEWSOM, MANY SAY AMERICA’S MOST LOVED, MOST HANDSOME, AND POSSIBLY MOST IMPORTANT GOVERNOR!! MY BIRTHDAY WISH LIST (THE BEST LIST): NO TROOPS IN OUR BEAUTIFUL CITIES! NO TRUMP ELECTION RIGGING — NONE! BEAUTIFUL, PERFECT, FAIR MAPS FOR EVERYONE! RESPECT FOR OUR SACRED CONSTITUTION! AND MOST IMPORTANT AND A VERY HUMBLE ASK, A NOBEL PEACE PRIZE (PEOPLE ALL OVER THE WORLD ARE BEGGING ME TO ACCEPT IT!) THANK YOU TO THE AMAZING, TALENTED, HIGHLY ATTRACTIVE PEOPLE OF CALIFORNIA. I LOVE YOU!!! HAPPY BIRTHDAY TO ME! THANK YOU FOR YOUR ATTENTION TO THIS MATTER! — GCN
Wrote about children and their right to privacy + the new memoirs forcing a reckoning on what it means for parents to use their children as art or content https://t.co/WKBHheAjGr
NOT EVEN JD “JUST DANCE” VANCE CAN SAVE TRUMP FROM THE DISASTROUS MAPS “WAR” HE HAS STARTED. NOT EVEN HIS EYELINER LINES LOOK AS PRETTY AS CALIFORNIA “MAP” LINES. HE WILL FAIL, AS HE ALWAYS DOES (SAD!) AND I, THE PEACETIME GOVERNOR — OUR NATION’S FAVORITE — WILL SAVE AMERICA ONCE AGAIN. MANY ARE NOW CALLING ME GAVIN CHRISTOPHER “COLUMBUS” NEWSOM (BECAUSE OF THE MAPS!). THANK YOU FOR YOUR ATTENTION TO THIS MATTER. — GCN