The microchip…
(and without delving into the controversy around it, the cotton gin)
NVDIA CEO Jensen Huang says that the advent of AI will actually make people BUSIER (which is kind of the opposite of laying people off and cutting jobs.)
“I have to admit that I’m afraid to say that we are going to be busier in the future than now,” Huang told Liz Claman on Fox Business Network’s The Claman Countdown.
He pointed to AI’s uncanny ability to take time-consuming things and get them done very quickly . . . And so the more productive we are, the more opportunity we get to go pursue new ideas.”
How we use all this increased priductivity, whether we actually work less, will depend on what society decides. If was the “labor destroying” technology that led to a 5-day work week. but of course that happened only AFTER people’s lifestyles improved enough that they felt safe and satisfied wiht a 5 day week.
He predicts rather than just accumulate “more stuff” we might decide to enrich ourselves similarly and change to a 4-day work week.
“Every industrial revolution leads to some change in social behavior,” Huang noted in a wide-ranging interview, predicting that GDP will grow and productivity will increase. . . .
the world is “at the beginning of the AI revolution,” and the rapid adoption of artificial intelligence across industries could bring “probably” a transition to four-day work weeks, marking another shift in social behavior akin to previous industrial revolutions.
**don’t know how but New York allows the vendor to charge customer the credit card processing fees. There are restaurants now in New York that have two sets of prices on their menu - cash (less) and card (4.5 percent more)
Notice that I said in that reply:
Lots of places have cash prices and credit prices marked separately. Gas stations in lots of states do that.
2 Likes