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#labor#shortage#price#lot#jobs#run#free#market#wouldn#wages

Discussion (6 Comments)Read Original on HackerNews

everybodyknowsβ€’about 2 hours ago
Labor "shortage"? In a free market, wouldn't the price of labor, i.e. wages, rise to meet demand?
vanuatuβ€’about 1 hour ago
Yeah, a shortage implies that the price of labor rises a lot

Not unimaginable, given that the bottlenecks seem to be concentrating on high-level direction, relational work, and expert verification

simianwordsβ€’about 2 hours ago
It’s not going to be instant. Just like we have housing shortages or unemployment.
fpafβ€’42 minutes ago
"For instance we are already running out of people to lay off!"
pixelatedindexβ€’about 2 hours ago
I don’t see a whole lot (if any) of optimism in the article. Of course the oligarchs would put out a grand vision of AI. Too many similarities to Rapture (Bioshock).
cyanydeezβ€’about 2 hours ago
we're giving you jobs! See that millionaire over there! Soon he'll afford a yacht! Who will build the yachts? You! Who will clean the toilets! You! Can't you see, we won't run you out of a good job, we'll run you into the dirtiest jobs!