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archomrade@midwest.social ⁨7⁩ ⁨months⁩ ago

People are pretending as if job replacement happens all at once, and that’s just not how it works.

A new tool that makes a job 15% more efficient will either produce 15% more goods or reduce the required labor by 15%. Some of that labor is absorbed elsewhere, but there was still a 15% reduction that happened.

Slow improvements are undoubtedly a good thing, that means we can create positions as fast as we make them obsolete. Maybe LLMs have reached their peak and we don’t have to worry about it, but it’s not a bad idea to prepare for that possibility that they continue getting better.

People really like shitting on overhyped new technologies, but I don’t think people appreciate just how big of a deal it is that a pretty basic algorithm is able to process natural language at all.

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