Do you believe that high paying jobs will be increasing as a result of advancing robotics and AI?
When the cost of living in developed countries is increasing, and housing issues are in the news across NA and Europe?
If AI/Robotics is able to drive down costs, by decreasing wages and benefits due to having less humans needing to be employed, what jobs exactly are people going to be getting paid living wages to perform?
Flip burgers? Pick fruit?
Trades perhaps. Governments like to push down Education salaries so I dont know about that, and the way the curriculums are going now, I'd put my kid in Private school anyway.
This isnt a Horse to Car type scenario in my view, and we are not in a place as a society, where those people that supported a Horse based travel system, could just go and work a farm and still go out and buy a house.
Average cost of a home in Vancouver BC (via quick Google, oh the irony):
$1,203,000
'So just go live somewhere cheaper.' Certainly an option for now, but even less desirable places a home is going to be over $300K in Canada. I've looked, and I have a home, because I'm trying to find a way for my son to get ahead without me keeling over and leaving him everything.
So how is AI going to rebuild the middle class or is it just going to accelerate its further erasure?