I keep hearing statements such as: AI is going to affect everyone’s job, and AI will be doing what most of us are doing now. And understandably, that’s making a lot of people anxious. So, what is the role of people in this new world we’re moving into?
I have a different view. These widespread statements about millions of jobs being lost are, frankly, somewhat misleading.
Productivity and standard of Living
First, we must remember that our standard of living, in any country, is directly linked to productivity. Historically, as agriculture and manufacturing were mechanized, we shifted to white-collar work. However, unlike earlier transformations, we’ve seen surprisingly little productivity gain in the white-collar workspace over the past few decades.