So I am paying for the latest model of chatgpt 4 and honestly its amazing. The thing is so powerful, it can wipe out almost every single white collar job, including doctors, lawyers, software developers, etc etc. The capability is that good. I asked chatgpt4 a question:
Q: "In a world where most white collar jobs are replaced or significantly scaled back by AI, how will policy change? For ex, would we have UBI for every citizen to reap the benefits of the productivity, or would the rich hord all the wealth from the new AI tech?"
"In a world where most white collar jobs are replaced or significantly scaled back by AI, several policy changes could occur to address the resulting economic and social consequences. It is important to note that these changes would depend on the political climate, cultural values, and economic systems in place. Some potential policy changes might include:
- Universal Basic Income (UBI): To address the widespread job displacement and income inequality that could result from AI automation, governments might implement a Universal Basic Income. This policy would provide every citizen with a regular, unconditional sum of money to ensure a basic standard of living, irrespective of their employment status. UBI could help redistribute the wealth generated by AI productivity and allow people to pursue meaningful activities outside the traditional labor market.
- Wealth Redistribution: As AI technology becomes more advanced and accessible, the wealth generated by this technology could become highly concentrated among a few companies and individuals. To prevent this, governments could implement policies like progressive taxation, wealth taxes, or even a robot tax, where companies are taxed based on the degree of automation they employ.
- Education and Retraining Programs: With the decline of white collar jobs, governments might invest more in education and retraining programs to help people transition into new careers or industries. This could include providing incentives for lifelong learning, upskilling, or reskilling initiatives, focusing on sectors that are less likely to be automated.
- Encouraging Entrepreneurship and Innovation: Policy changes could focus on fostering innovation and entrepreneurship to create new industries and jobs. Governments might offer incentives, grants, or tax breaks to start-ups and small businesses, while also investing in research and development.
- Social Safety Net Expansion: As job security becomes less certain in a highly automated world, governments might strengthen social safety nets by expanding access to healthcare, housing, and other essential services, ensuring that citizens can maintain a decent standard of living even if they experience job displacement.
- Labor Rights and Regulation: As the nature of work changes, labor policies might need to be updated to protect workers' rights in the face of increased automation. This could include implementing policies that promote job-sharing, flexible work arrangements, or advocating for a shorter work week to distribute work more evenly across the population.
In conclusion, there are many potential policy changes that could be implemented to address the challenges posed by widespread AI automation in white collar jobs. The specific changes would depend on the political climate, cultural values, and economic systems in place, but the key would be to ensure that the wealth generated by AI technology is distributed fairly and that citizens have the opportunity to pursue fulfilling lives."
What are your thoughts? Are we headed towards more socialism? If you have any questions you want to ask chatgpt4, let me know. I do have a limit of 25 messages though.