By 2030, AI will wipe out 29% of all U.S. jobs, only creating 13%

The Rate of Change

You should be alarmed. Ever since technological evolution started, the rate of improvement has been exponential. For example, Moore’s Law originated around 1970 and states that processor speeds or overall processing power for computers will double every two years. That is exponential growth, and it was proven correct for the past decades—even though the speed of processor improvement has slowed down somewhat in recent years due to technological limitations of materials used to make processors, growth on average is exponential over a longer time.

Past technological improvements have taken many jobs, and many new job categories have been created. People were able to adapt, relearn new skills, and find new employment in areas that technology could not replace yet.

But what if the rate of technological improvements surpasses the maximum speed of how fast people can change their careers? This moment in time has silently started three decades ago. Since 1990, productivity has increased by 70 percent, whereas salaries and wages only increased by 20 percent. This trend is accelerating. Today, many truck drivers will soon lose their jobs to self-driving semis, and taxi drivers are losing their jobs to robotaxis. I predict a violent revolt against the new technology will end with the machines’ victory and another jump in productivity progress. Progress always prefers less expensive and more efficient solutions.

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A Business Plan for a Circular Economy

**Executive Summary:** Green Grocer is a disruptive grocery delivery service, aiming to revolutionize the industry with its sustainable, zero-waste approach. Our mission is to offer convenient grocery delivery while significantly reducing packaging waste. Our service combines modern technology's convenience with the milkman's timeless concept, providing doorstep delivery of groceries in reusable containers. **Company Description:** Green Grocer is a unique grocery delivery service aimed at reducing the environmental footprint of grocery shopping. We have designed a system that ensures no packaging material becomes trash by utilizing cleaned and reused containers for delivery. Our commitment to the environment extends beyond our packaging practices - we actively support local farmers and artisanal producers to promote sustainable farming and production practices. **Market Analysis:** Consumer awareness about the impact of waste on the environment has led to increased demand for...

Capital vs. Labor

Written by Ingemar Anderson with the help of GPT-3, an artificial intelligence model. The growth rate of capital versus the increase of salary and wages over time is a topic, which is of great interest to many economists and sociologists. The interest in this topic has been increasing as of late due to the past economic recessions. The share of income received by the top 1% of US households has grown from 10% in 1979 to 22% in 2007. The share of income received by the bottom 90% of US households has decreased from 60% in 1979 to 46% in 2007. One of the major factors which have contributed to this is the decreasing share of GDP which goes to labor. In 1973, labor received 61% of GDP, while in 2007 it received only 54%. The gap between workers and their bosses has been increasing. Labor has been getting less and less of the pie of the money that is generated and the share of GDP that is going to labor has been declining. One of the major questions that are being asked is...

Will people in the middle class ever evolve to become sophisticated investors or will they ultimately be replaced by AI?

Written by Ingemar Anderson with the help of GPT-3, an artificial intelligence model. Technology has always helped to make the lives of the working class easier. This is a good thing because the working classes are working for the upper classes. However, now that technology has advanced so far, the working classes might be taken over by it. This is a bad thing because the lower classes will end up having nothing. The working class might never evolve to become capitalists because, today, they are not granted the same opportunities as those with money, those who learned how to create and manage capital. Capitalism can create inequality and those with money are not always willing to share it with those without, which is why they will eventually be replaced by AI. So, the working class might not evolve to become capitalists because they could be replaced by AI. In Thomas Piketty's book, "Capital in the Twenty-First Century" he discusses if the working class might be replac...

The Wealth of Generations

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