On 12/07/2012 05:03 PM, Matt Mahoney wrote:
> Was there a mistake in my math?
consider the first line
"In 2011, we paid people worldwide US $70 trillion to do work that
machines did not know how to do."
Isn't that more like global GDP?
I don't believe that's what we pay humans for their work. Every time a
ship moves oil from one coast to another GDP goes up. When machines
turn out stuff on an automated assembly line, this contributes to GDP.
I believe it's a mistake to think what humans exchange for goods and
services is the same as what replacing the human effort is worth.
For example, a large copper mine may produces millions of dollars in
revenue's for the owners, but most of the "work" was done by large
machines. The "intelligence" of the machine operators is not worth much
compared to what the machines ALREADY contribute.
Deeper analysis is needed if you want to predict what replacing the
humans might be worth.
2 cents
Stan
On 12/07/2012 05:03 PM, Matt Mahoney wrote:
Was there a mistake in my math?
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