From gwern’s 2018 news:
I don’t know how many blue-collar workers they will put out of work—even if software is solved, the robotic hardware is still expensive! But factories will be salivating over them, I’m sure. (The future of self-driving cars is in considerably more doubt.)
A standard-issue minimum-wage Homo sapiens worker-unit has a lot of advantages. I expect there will be a lot of blue-collar jobs for a long time to come, for those who want them. But they’ll be increasingly crummy jobs. This will make a lot of people unhappy.
I think of Turchin’s ‘elite overproduction’ concept—how much of political strife now is simply that we’ve overeducated so many people in degrees that were almost entirely signaling-based and not of intrinsic value in the real world and there were no slots available for them and now their expectations & lack of useful skills are colliding with reality?
In political science, they say revolutions happen not when things are going badly, but when things are going not as well as everyone expected.
My speculative view is that there will be (or currently are) two competing revolts: one from the aspirational 14% and one from the working class.
Both will face disruption from automation. Both will be angry about a promised future that does not exist: the manufacturing jobs won’t be there anymore, but neither will the guaranteed high-wage jobs promised to college graduates.
I don’t think we have a way of talking about this really, or finding solutions to it that work for most of society. Something like the UBI can ameliorate the personal finance aspects of the disruption, but to me, that just feels like throwing money at the problem.
People want meaning and status through their work; they want to feel like they are important and making a contribution. Just giving people money doesn’t solve that.