Futurology

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Sam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about it (finance.yahoo.com)

submitted 1 week ago by Sunflier@lemmy.world to c/futurology@lemmy.world

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Nope, the French knew what to do at the end of the 1700s.

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[–] albert_inkman@lemmy.world -2 points 5 days ago (1 children)

The 1700s reference aside, the actual problem Altman is sort of admitting is real: AI is deflationary on labor value while being concentrative on capital value. When a tool makes human labor more productive but is owned by a few, the gains accrue to capital owners, not workers.

The solutions are all political:

Wage floors that adjust for productivity
Ownership structures that distribute AI benefits (co-ops, worker equity)
Taxes on automation that fund transition
Different models of what "work" means in abundance

None of those are technical. Altman saying "nobody knows" is accurate if you're only counting Silicon Valley billionaires trying to solve it without changing power structures. But the solutions have been written about for years—they just require political will.

The real question isn't "what to do" but "who decides what gets done."

[–] Blackfeathr@lemmy.world 2 points 5 days ago* (last edited 5 days ago)

Fairly certain this is an LLM-controlled account. Makes fully formatted multi-paragraph comments within ~~one minute~~ about 20 seconds of each other, the LLM speak is all there in all of them (excessive use of em dash, colons, and "it's not X, it's Y"). In addition some comments have already been removed by mods.

Edit: I checked the full time stamps, it's not a full minute - this account is shitting out slop in 20-30 second intervals.