This post was originally published in my personal blog.
All models are wrong,
but some models are useful.
—George Box
This is my current guess at the effect of AI automation on the job market for the following years. I know it’s oversimplified and wrong but it might be useful to share it.
I’m going to assume that AI will automate many tasks over the next decade or decade and a half. That means some job positions will be fully automated, but many more will be partially automated. It’s not as if the job market will continue with its current dynamics until everyone is unemployed at once.
For scenarios with very short AI timelines, there is no time... (read 576 more words →)
I don't know what you have in mind for "major global economic crash". For all we now, the economy can go to the roof at the same time jobs disappear.