ASK IF YOU WILL BECOME USELESS
Peter Nelson
Economist and Fellow Chartered Accountant, as an International Financial Consultant have carried out assignments for all major international donors in many countries.
Many people will know of Professor Yuval Harari's postulate of a useless class of people but he is not prepared to suggest what is a likely outcome for this...
So put this to AI's CHATGPT and see what it thinks:
'Yuval Harari's concept of a "useless class" refers to the idea that as technology advances and machines become more capable of performing tasks previously done by humans, a significant portion of the workforce may become obsolete and unable to find meaningful employment. This could lead to a situation where large numbers of people are essentially rendered "useless" in terms of their economic productivity.
The likely outcome of such a scenario is complex and multifaceted. On the one hand, it could lead to significant social unrest and political upheaval, as people who are unable to find work may become frustrated and angry with the system that has left them behind. This could manifest in a variety of ways, including increased crime rates, social unrest, and even political instability.
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On the other hand, the rise of a "useless class" could also lead to significant changes in the way society is structured. For example, it could lead to a re-evaluation of the role of work in society, with more emphasis placed on leisure time and personal fulfillment rather than simply working to survive. It could also lead to the development of new types of work and new ways of thinking about employment, such as the rise of the gig economy or the creation of new types of jobs focused on creativity, innovation, and social well-being.
Ultimately, the outcome of a "useless class" will depend on a variety of factors, including the way that governments and societies choose to respond to this emerging trend. While it is difficult to predict the exact outcome of such a scenario, it is clear that significant changes are likely to occur as technology continues to advance and the nature of work and employment is transformed.'
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Notice there is no denial that this useless class would happen, only as under the highlighted passages, this ChatBot always has to have its "two bob each way bet", not yet able to define future conclusions. One side signifies disaster for a "significant portion of the workforce" with what that will mean but in the sucker bet has to suggest all the ways out of the dilema without any explanation on how this utopia would be funded. Don't ask me as I might be over 65 so would already be classified under AI's CV algorithms as unemployable and therefore useless...