The current state of AI development is going to cost a ton of money until its maturity. Any company that is in “AI” right now is either intentionally spending billions of dollars to solve AGI, which will ultimately open up trillions in marketplace solutions, or is using the press to market fledgling AI “solutions” or “integrations” with fancier versions of narrow AI.
AGI is in its infancy and is progressing on an exponential curve. The first time anyone heard of ChatGPT was 14 months ago and , with proper prompting, it’s already easy to use to write college level essays and is passing higher education tests like SAT, GRE, medical exams, CPA certifications, and the bar. Think of what will happen when it hits its toddler stage, let alone adolescence or maturity.
Any way you look at it, the days of hearing about AI are just starting and it will dominate the press in the next decade.
What happens if a business is losing money and can’t afford to employ its whole staff? Do they have to shut the whole business down instead of letting a certain percentage of underperformers go without cause? How is that handled in Europe?
I am genuinely asking because I have only ever experienced American employment.
What if taxes or fines were tied to personal wealth rather than a nominal flat fee?
I know there are some European countries that tie fines to annual income. That would do better at equalizing the effects of undesirable behavior regardless of wealth. If a parking ticket or speeding ticket or excessively polluting vehicle is going to cost a wealthy person tens of thousands of dollars extra, maybe they’ll find a more suitable and community-centric behavior.
You still have to get past the upper class tricks of driving “income” down by taking out loans to live off of, but that’s another conversation… maybe tie it to net wealth and make the wealthy sell stocks to pay the fines…
It’s all steps on the product dev line. The smart glasses aren’t ready and won’t be for a few years. This gives devs a chance to start building apps for the new platform.
The issue comes in that, historically, recalls require you to take your car in for service… hence the name. With OTA updates, the issues are often fixed before the consumer even knows there is an issue and the “recall” effectively just becomes communication that there was a problem.
These communications definitely need to continue happening and should remain mandatory by law, but calling them the same thing that requires a trip to the mechanic or dealership, to replace parts, is specifically being broadcast as a means to discredit the technology.
People that aren’t informaed about the difference end up believing these issues will prevent their car from working or reduce reliability when they are simple software patches that happen without the need for additional resources.
The answer to this problem is taxation and UBI.
Give tax breaks for businesses with ‘fully employed’ jobs (including benefits packages) and hit businesses that automate jobs away even harder.
Tax the things that make society worse and incentivize the things that make it better.
Tax the business (on revenue or profit) at a high enough rate it hurts, then give tax breaks to incentivize “fully employed workers with benefits meeting ‘X’ minimums”….
Use automation if it is the correct answer for productivity or solving a given problem but you still have to kick in for the society you want to live in. Businesses shouldn’t get to harvest all of the value out of a society without contributing. Providing jobs was the old mechanism… now it’s evolving.
If they offshore hq to dodge taxation, tax the local product or service at a commensurate rate. If you want access to our marketplace, you chip in, too. That should go for every country on the planet.
The current state of AI development is going to cost a ton of money until its maturity. Any company that is in “AI” right now is either intentionally spending billions of dollars to solve AGI, which will ultimately open up trillions in marketplace solutions, or is using the press to market fledgling AI “solutions” or “integrations” with fancier versions of narrow AI.
AGI is in its infancy and is progressing on an exponential curve. The first time anyone heard of ChatGPT was 14 months ago and , with proper prompting, it’s already easy to use to write college level essays and is passing higher education tests like SAT, GRE, medical exams, CPA certifications, and the bar. Think of what will happen when it hits its toddler stage, let alone adolescence or maturity.
Any way you look at it, the days of hearing about AI are just starting and it will dominate the press in the next decade.