Why ATMs didn’t kill bank teller jobs, but the iPhone did
substack.com · 4,248 words · saved by 1 readers
There's a lot more to replacing labor than just automating tasks
A few months ago, J. D. Vance, sitting vice president of the United States, gave an interview to Ross Douthat of the New York Times. During that interview, Vance and Douthat had an interesting exchange: Douthat: How much do you worry about the potential downsides of AI? Not even on the apocalyptic scale, but on the scale of the way human beings respond to a sense of their own obsolescence? These kinds of things. Vance: So, one, on the obsolescence point, I think the history of tech and innovation is that while it does cause job disruptions, it more often facilitates human productivity as…
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