Raw LLM Responses

Here’s my rule about believing explanations of complicated things: If, in the explanation, there is no mention of something that not only negates the entire explanation, but is glaringly obvious…..I AM BEING LIED TO. Sorry, there have not always been more jobs created by innovation and automation than there were before. This was once conventional wisdom because the industrial revolution’s avalanche of labor saving machines made it possible to build a myriad of things that did not exist before, plus the machines to build them. The infrastructure needed to design, build, ship, sell and service each new category of products was a quantum leap forward for employment of all kinds of people, from totally non skilled to highly skilled. And there was enough money to be made that employers began paying average people enough to actually buy the new products. But by the 1980s the worm turned. Since then, the jobs created tend to be fewer than what they replaced, and there is much less need for people to actually make these new products - certainly not here in the US. This is why after the early 80s the income of the average American worker failed to improve in tandem with economic growth. With AI and robotics teaming up to eliminate whole categories of jobs over the next 10 years, most decently paid jobs for 80% of the population will be eliminated, and even low paying jobs (like home health aid, retail, etc) will go away too. Nothing said here about abundance and enjoying shorter work weeks at higher pay will come to pass unless those will most of the capital do what capitalists never do: pay people for doing very little.