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You are right about the eventual outcome. What I am not comfortable with is the impact it is likely to have on low skilled jobs. The world has too much population, and many of them are not highly skilled or adaptive. These are people who cannot climb on to the AI gravy train. Yes, AI will create its own kind of jobs, but the ones filling them will be the highly skilled workers. For example, 20 AI programmers killing 5000 manual jobs. Are we ready for it? The people who perform those jobs in most cases may not even have basic IT skill sets, let alone machine learning and AI. They cannot suddenly transition. In fact they may not be able to transition at all. This is the reason ordinary graduates are driving taxis and delivering food packets in our era. Their education was of no use. If the AI onslaught comes faster than people anticipate, prepare for another generation of taxi driver equivalents, who are frustrated that no matter what they do, they can never keep up and are always scraping the bottom of the barrel. Eliminating jobs because a few geniuses think they can do so is not very fair in my book.Above every technology and program is a human , at the moment. I had a discussion with a few software engineers and they were arguing that AI is over inflated and over rated. I said yes at the moment perhaps but give it another 30 years of learning then Doctors, teachers, receptionists, lawyers, pyschotherapists etc will be redundant. I said to them that the incredulous view they held was similar to the incredulous view I held for autonomous cars until I saw them driving around in Mountain view. A nation that does not invest in AI will be left in the dumps of history and could well become extinct.
No one has ever accused a charlatan of being dumb.The man is not dumb by any means, unfortunately he has become the new right wing darling.
Ever since he invented paypal, then went on to invent electric cars, after which he invented underground transportation, then solar energy, followed by rocketry.
Of course after inventing, next step is establishing.There is a difference between inventing and establishing..
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