For workers wondering how far artificial intelligence could go, JPMorgan Chase CEO Jamie Dimon has a straightforward answer โ AI is going to change the job market, whether people are ready for it or not. Some jobs will disappear, others will change and new ones will likely emerge. But Dimon warned that the speed of that transition could matter just as much as the technology itself.
"As a business person, my view is don't put your head in the sand," Dimon said at the World Economic Forum's annual meeting in Davos, Switzerland, in January. "It is what it is. We're going to deploy it. Will it eliminate jobs? Yes. Will it change jobs? Yes. Will it add some jobs? Probably."
They spend so much on eliminating jobs and social programs. The government enables this by giving them tax cuts with money obtained by taking food out of the mouths of children? We could never "afford" universal health-insurance, but we could afford to invest in eliminating human workers that just want to put a roof over their head?
Seems like a recipie for guillotines.
But, hey
Lowering the wages/destroying legacy professions always comes with unrest. The implication is that that job is solved. A 1920 Dockworker would be paid pennies for their productivity. We just need way fewer then back than. A lot of people in costal cities used to just be dock workers.