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 worker and consumer


What artificial intelligence will mean for workers and consumers

#artificialintelligence

There is an inherent dichotomy within those of us who live in societies with modern economies: we want goods to be cheap (mostly meaning produced with cheap labor), but at the same time we want plentiful jobs that pay well. The scale is tipped in favor of cheap goods because 1) though most Americans are both consumers and workers, we tend to more often think like consumers, and 2) companies, naturally, are more interested in making less expensive goods than they are in paying well. Your article discusses the expanding role of artificial intelligence in increasing worker productivity; this, at its heart, means producing goods with less labor. The article says that an un-named White House report concludes that this loss of jobs is OK because it "could ultimately lead to higher wages and fewer work hours." Two points yearn to be made here.