"These automations will thin out companies and other ventures, like governments, of the jobs that exist purely to do menial tasks and distribute welfare. "
Goverments have NO incentive to be efficient.
Quite the opposite, their only incentive is to grow as big as fast as possible.
The same goes for centralized function thar just became a government branch like Healthcare.
Even some companies have fallen into this trap.
It sounds strange but the more successful a company is for a longer period, the less efficient it becomes and the many management layers are just a function of an excel over view that adds managers depending on number of employees.
Also they will never stop adding layers of management just to manage the layers of management.
You end up, it may take 10 to 20 years, with ever more managers per person who is actually working.
It can end up with some 10 project leads all claiming one employee for 0.1 FTE.
It kills productivity and than some more.
Yes AI will change things.
But the biggest changes will be small innovating companies that will really put that AI to do sane stuff.
Fund ways to make AI help employees become more productive or even completely replace them.
Big companies and governments simply won't do that.
All those managers won't make themselves obsolete by making AI replacing employees...
Thoughts ?