The Impact of AI on Skilled Programmers and Job Market

1 min read
Source: Mish Talk
TL;DR Summary

AI is poised to automate knowledge work, including computer programming, potentially leading to the elimination of middle-skilled jobs. The job- and wage-polarizing effects of automation can disrupt the usual ladder of hiring and development, making it challenging to hire junior workers without experience. While some experienced developers are skeptical about AI's ability to take over essential programming tasks, the impact of automation on jobs can be swift. The debate over taxing robots to finance jobs and manage displacement is gaining traction, with proponents like Bill Gates and Bernie Sanders supporting the idea. However, others argue that a robot tax could hinder productivity, innovation, and standards of living. The future of work and the role of AI in job displacement remain uncertain.

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