I don't consider that to be saying that society "owes" me something. I regard it mutually beneficial, not some kind of debt/debtor relationship.
Where are all the geeks that grew up on Trek and want to create a better future where society provides for it's citizens?
You know, in phrases like "you owe it to your spouse/sibling/friend/self to...", people aren't talking about formal debt. Please try to keep that kind of meaning in mind when people say that society owes its people.
Society owes you nothing.
Your premise is false.
If AI makes workers more productive, labor will have higher value than it has today. Which specific workers are winning in that scenario may vary tremendously, of course, but I don't think anyone is seriously claiming AI will make everyone less productive.
I said labor would have “lower value” after AI progresses further and further.
My statement reflects that increased productivity means that fewer people are required to generate the same amount of economic output.
You twisted my statement and said “nobody is hiring.”
Which isn’t what I said.
People have been singing that since the industrial revolution started.
What makes you think it's different this time? Other times increased productivity yielded fewer people doing what a machine suddenly can do. But never fewer people employed or smaller overall economy.
You can argue that our populations are older than ever before. There aren't enough kids, and consumers are saturated with consumption opportunities.
That's maybe never happened before during the industrial revolution. But it's orthogonal to AI.
Workers being more productive does not necessarily translate to workers getting more leverage or a larger piece of the pie.
I agree, and would add that it’s contributing to inflation in hard assets.
Basically:
* it’s a safe bet that labor will have lower value in 2031 than it has today
* if you have a billion to spend, and you agree, you will be inclined to put your wealth into hard assets, because AI depends on them
In a really abstract way, the world is not responsible for feeding a new class of workers: robots.
And robots consume electricity, water, space, and generate heat.
Which is why those sectors are feeling the affects of supply and demand.