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cool analogy for AI & jobs: - when ATMs came, the number of bank tellers rose, bc ATMs lowered the cost of running bank branches, so more branches opened - but in the 2010s, the number of bank tellers plummetted, bc mobile banking made branches unnecessary

14/3/26, 11:08 am0 reposts0 likes

Raphaël Merx

@rapha.dev

14 Mar

—> it’s paradigm replacement, not task automation, that causes widespread job displacement from substack.com/home/post/p-...

substack.comWhy ATMs didn’t kill bank teller jobs, but the iPhone didThere's a lot more to replacing labor than just automating tasks