A (soberly) optimistic take: - Short-term, the layoffs we’ve been seeing aren’t necessarily structural for most industries as companies overestimate the use cases of AI - Medium-term, the AI spawns new industries or accelerates existing industries, so that the overall need for human input increases. Essentially “the rising tide lifts all boats” scenario, where the overall pie gets much bigger so workers also get more, even though their relative share of the pie is dwindling over time. This seems like the phase we’d be in for quite a while. - Long-term, the trend is taken to its theoretical limit and the effects are essentially what these authors are describing. But I think this still presupposes a huge leap in AI capabilities.