Labour cost is between 40-60% of total business costs.
With the amount of AI investment, AI will only win if it decimates employment and the business cost associated with it, driving up business profits.
Productivity will increase, but to what benefit? machines don’t buy consumer items, and the increased unemployed or underemployed won’t have enough discretionary budget to either.
Labour cost is between 40-60% of total business costs.
With the amount of AI investment, AI will only win if it decimates employment and the business cost associated with it, driving up business profits.
Productivity will increase, but to what benefit? machines don’t buy consumer items, and the increased unemployed or underemployed won’t have enough discretionary budget to either.
Anthropic has built something really powerful. I don't see them failing, like failing. fading? possible.
the world becomes a better place, slightly
Nothing. You asked OR not AND. OR = other(s) can take over.