Honest answer. Appreciated.
I’m only on coffee #2 and didn’t finish college so it’ll take me until later today to type up my broader perspective, but between our two posts, I think we’re hitting on 2 of the 3 big questions.
Question #3 is a lot more complicated and I’m not smart enough to figure it out.
Preview:
Spent a week in Hatteras on the OBX a couple of months ago.
Met a very interesting local old timer (85ish) who lives in the house his grandfather built on the island. Saw me pecking away on the laptop one morning over coffee at the docks and after exchanging pleasantries, sat down to chat.
This became a routine each day over the course of the week and I was surprised at his knowledge and understanding of larger worldly issues like geo-politics, finance, and most surprising, technology. Fascinating man, made me feel dumb.
Leaving out for now the impression he made on me and his stories, (owning the premier charter business on Hatteras and handed down through generations), one of our chats ended up at AI
Again for brevity, he posed a great question. (Two really)
If AI is going to replace:
Teachers
Engineers
Doctors
Call center employees
Lawyers
Programmers
Anyone using/analyzing/working with data
Anyone in finance
Etc etc etc….
1) What will we all do?
Example: If you previously aspired to be a great engineer and design the worlds greatest bridge/building/car and there’s no longer a need, what happens to your aspirations?
What is it that drives you to get out of bed?
2) Money.
If we are all replaced and become dependent on UBI, who pays the $5 Trillion in taxes to keep it all afloat and hand out the money?
Again this is a simplistic description of the issues, but it stuck with me