by Longboyy February 10, 2024
Get the Hasan Economicsmug. by Ziad K Abdelnour September 18, 2018
Get the Economic Warfaremug. Summary: AI will specifically destroy jobs created by computers in the first place, preserving 'offline' jobs, while minimally impacting work quality, and preserving gross productivity.
1) The jobs that AI destroys will largely be isolated to many of the same jobs the computers created, facilitated or enabled, 2) The more that workers in a given field were reliant upon computers, the lower the percentage of them will be required to accomplish the same output after AI is deployed; this reduction in demand for workers could be up to 90% in some market segments. 3) When this happens, work quality only suffers slightly; 4) When this happens, productivity is not reduced, and some companies may scale-up fewer workers to surpass previous productivity levels.
The take-away is that jobs that were largely or entirely not dependent on computers (or which predate computer) will be less impacted by the rollout of ML and AI. These jobs include carpenters, police, paramedics, doctors, refuse workers, power linesmen.
This will remain true until corporations push culture if not laws to have androids perform those remaining jobs left to humans (e.g. carpenters, police, paramedics, doctors, refuse workers, power linesmen). At that point, society will debate whether productivity is more important that anthropocentrism and protecting a moralized, industrious, human populations.
Put forth by Zackery West, marketer, in 2024.
reworded and resubmitted
1) The jobs that AI destroys will largely be isolated to many of the same jobs the computers created, facilitated or enabled, 2) The more that workers in a given field were reliant upon computers, the lower the percentage of them will be required to accomplish the same output after AI is deployed; this reduction in demand for workers could be up to 90% in some market segments. 3) When this happens, work quality only suffers slightly; 4) When this happens, productivity is not reduced, and some companies may scale-up fewer workers to surpass previous productivity levels.
The take-away is that jobs that were largely or entirely not dependent on computers (or which predate computer) will be less impacted by the rollout of ML and AI. These jobs include carpenters, police, paramedics, doctors, refuse workers, power linesmen.
This will remain true until corporations push culture if not laws to have androids perform those remaining jobs left to humans (e.g. carpenters, police, paramedics, doctors, refuse workers, power linesmen). At that point, society will debate whether productivity is more important that anthropocentrism and protecting a moralized, industrious, human populations.
Put forth by Zackery West, marketer, in 2024.
reworded and resubmitted
"I'm a USPS door delivery mailman, so, according to West's Theory Of Specific Economic Destruction, my job delivering mail should be fine even if the Postal Service grows more efficient at correctly routing addresses and scheduling delivery drivers."
by Zack West February 18, 2024
Get the West's Theory Of Specific Economic Destructionmug. An action by a party that results in the destruction of another party's personal rights or business position or status, or denial of constitutuional rights by means that are designed to assure any one or more of those outcomes is guilty of a felony.
The journalist stated that the owner of the company was guilty of a crime, without proof of that statement , and distributed that information to other media sources which resulted in economic terrorists destroying the business with false news by design.
by Airbornebob February 7, 2017
Get the Economic Terroristsmug. Also known as ECON101 - A phrase styled after the usual name of an introductory economics module at university or college. It's usually used by libertarians and conservatives to explain away the problems of capitalism, with the implication that their interlocutor "simply doesn't understand basic economics", even though a lot of said basic economics go on to be debunked in Economics 201.
Lib: "The minimum wage was introduced so that every employed person could afford food and rent, but ever since the Reagan administration, wages haven't been following the massive increases in productivity, as well as skyrocketing rent."
Cons: "Bruh, that's dumb - raising wages means people must get fired! Also, rent is increasing because more people want to rent! Supply and demand - it's just Economics 101."
Cons: "Bruh, that's dumb - raising wages means people must get fired! Also, rent is increasing because more people want to rent! Supply and demand - it's just Economics 101."
by obnoxious_leftie July 10, 2022
Get the Economics 101mug. Losing or depleting of African American economic wealth/investments in a short amount of time for an alleged offense with or without a legal trial. Created by Rodney E Orange
Kanye West has been economically lynch following his departure from partner Adidas.
P. Diddy has been economically lynch following his latest sexual lawsuit.
P. Diddy has been economically lynch following his latest sexual lawsuit.
by Orange,R November 28, 2023
Get the Economically lynchmug. Governments tax people through excess fees, legal penalties, and other forms of taxation in the hope to recoup revenue.
one city in Missouri imposed many new fines and taxes to add revenue to their budget. The method they implemented is called Nickel and Dime Economics
by jondich September 20, 2022
Get the Nickel and Dime Economicsmug.