Some aging countries will face a severe loss in standard of living if they fail to automate huge parts of the economy. Presumably the worlds population will not continue to grow infinitely and at some point labor shortages will be a big problem.
One of the most destructive outcomes could come from poor government policy during an economic transition. Socialist or capitalist is one thing, but policies which are in direct opposition to another is another ( e.g. Venezuela, Zimbabwe.)
There are also big AI existential risk issues, but I think that is separate from the labor impact.
Some aging countries will face a severe loss in standard of living if they fail to automate huge parts of the economy. Presumably the worlds population will not continue to grow infinitely and at some point labor shortages will be a big problem.
One of the most destructive outcomes could come from poor government policy during an economic transition. Socialist or capitalist is one thing, but policies which are in direct opposition to another is another ( e.g. Venezuela, Zimbabwe.)
There are also big AI existential risk issues, but I think that is separate from the labor impact.