Summary: The main debate about AI revolves around whether it will replace human jobs or complement them. Many people assume that AI is primarily a substitute for human labor, but this may be a misunderstanding, as past technologies often created new opportunities for humans. If AI is seen as a tool to enhance human work rather than replace it, it could lead to more productive and lucrative outcomes.
So far, most technologies that we’ve ever invented have ended up complementing human labor instead of cutting humans out of the equation. (View Highlight)
In the end, there were more things for humans to do after these technologies replaced some of the things that humans used to do. After centuries of automation, most people in rich countries still have jobs. (View Highlight)
AI entrepreneurs and engineers might be so focused on the vision of human-replacement that they might be ignoring much more productive — and much more lucrative — business opportunities. (View Highlight)