: How were job losses tackled after industrial revolution.

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Recent AI discussions makes it almost certain that jobs would be affected. It makes me wonder what happened when suddenly humans were replaced by machines. Assuming a lot of jobs were lost was it that lots of people suddenly found it difficult to afford meals or was it not disastrous at all and was a smoot h transition? Can we compare it to today’s AI revolution in terms of adjustment with jobs?

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Anonymous 0 Comments

The skilled craftsmen who couldn’t compete with factory-made products went to work at the factories. After a couple of generations of everyone being an employee for wage instead of self-employed, we got federal unemployment insurance.

On the large scale, huge amounts of automaton haven’t hugely changed the total employment rate. Bit individual professions might end, or be replaced by jobs working the machines that now do the work itself.

My worry is that if a good-paying job is “replaced by AI,” it’ll really be replaced by jobs that pay minimum wage to enter prompts into an AI that their boss owns exclusively.

edit: actually no they’d be gig worker “contractors” making less than minimum wage

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