all AI news
Quoting Sebastian Majstorovic
Simon Willison's Weblog simonwillison.net
We like to assume that automation technology will maintain or increase wage levels for a few skilled supervisors. But in the long-term skilled automation supervisors also tend to earn less.
Here's an example: In 1801 the Jacquard loom was invented, which automated silkweaving with punchcards. Around 1800, a manual weaver could earn 30 shillings/week. By the 1830s the same weaver would only earn around 5s/week. A Jacquard operator earned 15s/week, but he was also 12x more productive.
The Jacquard operator …
ai automated automation automation technology ethics example history long-term loom skilled technology will