"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 ?
Big companies and governments alike will become streamlined via disruption, where new functions outperform old to the extent of irrelevanting them.
They won't have AI downsizing initiatives, but through adopting AI via new teams, projects, and contracts, they will render their old functions unnecessary.
Companies I can Imagine.
Governments simply don't have competition, so no clue how that would work.
Even than it will take way more time than I would like it to take (and that goes for the Companies...).
I hope you're wrong.
Governments should have competition.
I think Bitcoin will play a large role in bringing it back.
We choose our government by where we reside & pay tax. Better jurisdictions will emerge as these incentives play out.
I think govs will employ AI for enhanced capabilities and in doing so make legacy functions more and more obsolete.
Whether headcount follows a leaner more capable stack is yet to be seen, but I think what's more likely is new departments for AI being stood up that eventually render old departments inert, and finally shut down with lofty pensions.
I've worked in & with the federal government for many years.
If anyone can take a near perfect productivity tool & become less productive, it's government. It's all incentive driven of course.
I think some level of forced defunding well be required.
The reality of #Bitcoin will certainly help with that.
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"We choose our government by where we reside & pay tax. Better jurisdictions will emerge as these incentives play out."
Since I started doing this and talked about it I realized the percentage of people doing this is actually close to zero.
Next I don't choose government, I choose jurisdiction.
And I can only choose between the jurisdictions out there, I get a government, the culture, climate, etc. with it.
In fact we should see ourself as refugees...
If voting would change something it would be abandoned.
Yes Bitcoin will change things but slowly and for now the change is most on a individual level.
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