Many people believe that there is a fixed amount of work in the world, and if we give these jobs to machines, humans will not have jobs and starve. This intuitive model of economics is fundamentally wrong. Our wealth depends on the amount and quality of goods and services we can produce and distribute among each other. Automation allows us to make more of everything for everyone. There is always more to do for us, things that we could not afford to do before automation allowed us to get away from the important drudgery of agriculture, manufacturing, and now documenting, calculating, evaluating, memorizing and so on.

Garry Tan
@garrytan
03-14
New York wants to ban AI that outscores doctors on medical exams. Over 900,000 New Yorkers have no insurance. 92% of low-income legal problems go unaddressed. Anti-AI NY bill S7263 isn't consumer protection. It's cartel protection.
https://gli.st/ypknnhdn
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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