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Will AI Save The World?
The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
The Fear of Artificial Intelligence
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Jobs doomers keep making what's called the lump of labor fallacy. They think there is a fixed amount of labor to be done in the economy at any given time, and if machines do it, there will be no work for people to do. When technology is applied to production, we get productivity growth,. We also get higher wages. The result is a larger economy with higher material prosperity., more industries, more products and more jobs.
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