I can't understand how ChatGPT will help the billions in the world that live in "some sort" of civilization, decrepit enough to keep them starving or in atrocious economic situations where they live like Homo erectus without access to electricity or amenities. And even with that basic demand met, several people cannot afford education, or do not have the wherewithal to get to a point where they can form the question structures necessary to ask GPT for any help. Or to comprehend its reply.
I also fail to understand why the working population, on the other hand, think it as a competitor. It is no more a competitor than an educated privileged man. The fight is going to be mostly amongst people who are already in some countries of privilege or a career path where either the smartness or confabulations of a smarter metal coworker can be utilized.
The Cobb-Douglas production function is a widely used model that describes the relationship between inputs (such as labor and capital) and output in the production process. A simplified version of the function is typically represented as:
Q = A * L^a * K^b
where Q is output, L is labor, K is capital, A is a constant representing total factor productivity, and a and b are the labor and capital shares, respectively.
When artificial intelligence (AI) is introduced in a hypothetical production process, say, it can lead to an increase in the productivity of labor, which would in turn increase the output per unit of labor. This increase in productivity can be modeled as an increase in the A constant in the above equation.
However, the introduction of AI can also affect the demand for different types of labor. For example, if AI is able to perform certain tasks more efficiently than human labor, the demand for those types of jobs may decrease. This can be modeled using other equations, such as the substitution elasticity equation. That's not a silver lining, it's just how a competitive environment works, you lose some jobs and gain others.
It's not my misanthropic take alone I hope, that there's not a lot of egalitarianism in any of these introductions, just ways to make some corporations richer, not the fate or fetters of the abandoned millions, who are suffering excruciating silly ends, because we're not using technology for the good.
Sometimes people have to do their own thinking. If they leave it all to artificial intelligence, we've arrived at a roundabout with our own crippled sense of misdirection. Just another instance of the selfish self-congratulatory focus on an advantage which if used properly can really help the world.
Anyway, another rant. At least its onus is off my mind.
