“Just as the steam engine freed workers from drudgery, the assembly line created new industries, the computer unlocked entire careers, AI is set to redefine the value of labor. The short-term friction of labor reshuffling is real, but in the long run, innovation has always left us better off, not worse…
This is not a doomsday scenario, it’s a challenge. As Jamie Dimon told Bloomberg, ‘Your children are going to live to 100 and not have cancer because of technology,’ he said, ‘and literally they’ll probably be working three-and-a-half days a week.’”