Re:Netflix is now worth more than $100B
by ihnorton on Tuesday January 23, 2018 @09:12AM
(#16213643)
> Recall a few days ago some people were trying to reconstruct the genome of the first black man in Iceland.
Recall who funded that work.
Re:Netflix is now worth more than $100B
by WalterBright on Tuesday January 23, 2018 @03:49PM
(#16217546)
Nobody would have funded or volunteered for that work if they were concerned with getting enough food put away to survive the winter.
Re:Netflix is now worth more than $100B
by imtringued on Tuesday January 23, 2018 @11:49AM
(#16214966)
Automation reduces costs. As long as those costs savings are passed on to the consumer that's a good thing.
Maybe. But the issue is growth percentages. Others point out that 3% is now high. The question is if the fractalization of the economy (that AI may allow) will increase the growth rate to 5% or something.
Recall a few days ago some people were trying to reconstruct the genome of the first black man in Iceland. There's no way anyone could have a job doing that in anything but a very wealthy society.
In other words, AI won't create jobs in manufacturing, but it will enable unexpected jobs to be created that would otherwise not be cost-effective.