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I Don't See How Comparative Advantage Applies In a World of Strong AI

secondthoughts.ai · 1,575 words · saved by 1 readers

EDIT: I’ve written a more carefully argued, but very terse, version of these ideas here. What follows below is much more accessible; the link is a better and more thorough argument. I should also note that, while the purpose of this piece is to rebut one of Noah Smith’s posts, I am a paying subscriber to his substack and enjoy it thoroughly. If you follow discussions of AI, you’ve likely encountered the idea that we don’t need to worry about AI taking people’s jobs: no matter how advanced AI might become, people will always find work. Progress has eliminated most jobs in categories from agriculture to telephone switchboard operation, but new jobs have always emerged. AI, some folks argue, will be no different than previous technological revolutions in this regard. In his latest post, Plentiful, high-paying jobs in the age of AI, Noah Smith clearly lays out the primary economic argument. Which is a nice opportunity for me to explain why I think it’s bunk. I believe that Smith is too wra

I Don't See How Comparative Advantage Applies In a World of Strong AI Economic models are based on simplifying assumptions that may not hold in an AI-saturated future Steve Newman Mar 17, 2024 12 5 Share EDIT: I’ve written a more carefully argued, but very terse, version of these ideas here . What follows below is much more accessible; the link is a better and more thorough argument. I should also note that, while the purpose of this piece is to rebut one of Noah Smith’s posts, I am a paying subscriber to his substack and enjoy it thoroughly. If you follow discussions of AI, you’ve likely enco

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