Will A.I. Put Lawyers Out of Business?

[PHC1]

Future in one picture. Labor replaced. Period. Good luck with your government handout for however long that lasts...

[PHC1]

I'll just leave it here.

Nearly 40 percent of jobs in the U.S. may be vulnerable to replacement by robots in the next fifteen years, according to a new study by the research firm PwC.

Meanwhile... At an event with Axios Friday morning, Treasury Secretary Steve Mnuchin said that job loss to technical advancements in AI and robotics “isn’t even on their radar screen” and that he imagines these changes are more like “50 to 100 more years away.”

Another words, when it bites in the ass, it's the unemployed guy and his family who will struggle, not those who make policies....

[Cohibaman]

Originally Posted by PHC1

Future in one picture. Labor replaced. Period. Good luck with your government handout for however long that lasts...

Just wait, politicians will propose a tax on McDonald’s for going to the McKiosks.

[PHC1]

Originally Posted by Cohibaman

Just wait, politicians will propose a tax on McDonald’s for going to the McKiosks.

Extra Taxation on any industry that is replacing human labor makes sense.
It's the hard working guy, you know the "Honest Day's Work For An Honest Day's Pay" type that will hurt the most, at least in the near future. Not so much the Wall Street fat cats with their high frequency trading algorithms and other financial shenanigans from the bankers and other financial system manipulators. Having said that we all know too well the multi-billion dollar corporations have direct influence on those who create policies... In the end it will still be the little guy who grunted along, pulling his family on his back his whole life, working his hands to the bone that will get shafted. It's always been that way and unlikely to change.

[Still-One]

The recent piece of information that stunned me was that the 26 wealthiest individuals have more money than 3.8 Billion of the poorest.

I would never make a blanket statement against lawyers in general, but in my world there is absolutely no place for Personal Injury law.

[PHC1]

Originally Posted by Still-One

The recent piece of information that stunned me was that the 26 wealthiest individuals have more money than 3.8 Billion of the poorest.

I would never make a blanket statement against lawyers in general, but in my world there is absolutely no place for Personal Injury law.

What is even scarier is that out of those 3 Billion people or nearly half of the global population, lives on less than $2.25 a day and 1.3 Billion live in extreme poverty on less than $1.25 a day. 22,000 kids die daily from poverty... It is fundamentally and morally wrong to have such statistics in an advanced society.

[Bar81]

Originally Posted by Still-One

The recent piece of information that stunned me was that the 26 wealthiest individuals have more money than 3.8 Billion of the poorest.

Well a good sign is that people in the US are finally belatedly understanding that extreme inequality is not good for society (at some point it would be nice if people understood that vast wealth these days often does not result from talent or hard work but I'm not hopeful on that point):

https://www.washingtonpost.com/us-po...=.8fe60ab5dc3b

Originally Posted by PHC1

Nearly 40 percent of jobs in the U.S. may be vulnerable to replacement by robots in the next fifteen years, according to a new study by the research firm PwC.

I'm surprised at the people who don't understand that AI is taking over/will be taking over in the very near future a massive amount of industries. Stay cracking wise re attorneys while you miss the big picture.

Another point of concern is this:

https://www.theguardian.com/inequali...worst-impulses

[PHC1]

The way I see it (and hopefully I am wrong! ) Is that global deployment of AI will eventually bring Capitalism to its knees as it disintegrates into full blown Socialism (for a brief period of time until Governments go belly up from exhausting every available measure of supporting the masses) leading to full blown Communism.

The only true way to survive the future is to resort to a term I coin "Planetarism".... A system with open borders, no currency and people contributing to the well being of each other and advancement of the civilization under one Planetary system of checks and balances. A system where education will be free and open for all, your skills are utilized in the industry appropriate, where everyone lives to contribute yet enjoy a fulfilling life. For that to happen, the civilization must adapt to the understanding and philosophy of take not what you don't need... Where the fellow human beings are just as important as oneself. Where a one starving kid is much more important than the 100th toy your spoiled brat is demanding...

Yeah, I know, it is a pipe dream... In reality, the society for the most part is just one cataclysm away from unleashing the beasts within. We have witnessed what chaos the displacement of a population causes due to a just a few small wars, let alone a global crisis from the quite possible climate change and unpredictable weather patterns (man made or natural). Rising sea levels, loss of crops, bee population nearly decimated which most crops depend on, oceans turning into toxic waste with 80% of some of the fish species now being gone and a serious chance of ALL fish being gone in another few decades due to the pollution and unsustainable over-fishing. The current system is obviously NOT working, at least not for the masses! Of course the handful of people are very, very happy but as history has taught us, the dynasties and empires do not last....

[PHC1]

My apologies for the grim and bleak outlook gentlemen. I think many, or most people simply do not care as they are preoccupied with their daily lives and various thoughts on the more mundane topics. I often feel my outlook on the future of our civilization is the equivalent of Sarah Connor's gaze unto the horizon when she learns about the future in the movie Terminator. I mean that on a level much deeper than just this AI topic. Not sure why I have always been preoccupied with such thoughts on topics of which I have zero control over... It would be much easier just to tune out and ignore them all but no can do...

[62caddy]

Originally Posted by PHC1

Extra Taxation on any industry that is replacing human labor makes sense.

I cannot agree that taxing efficiency makes sense under any circumstances.

Originally Posted by Bar81

if people understood that vast wealth these days often does not result from talent or hard work but I'm not hopeful on that point):

Like politicians?