I don't think anyone is worried about there being too many old people for young people to look after. I believe you're confusing that for the very serious issue, being that there won't be enough young people financially supporting social services to adequately fund them to meet the needs of the aging population. In that sense, AI automating jobs directly exacerbates the problem, because less young people working means less taxes funding things like social security and Medicare in the US.
Showerthoughts
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted, clever little truths, hidden in daily life.
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See the problem isn't that robots might replace my job, it's that we live in a system where I need to work to eat.
AI isn't going to guarantee those young people the income the jobs it is replacing would. AI as a part of capitalism is about cutting costs, not to be beneficial to society. It may have that as a side effect, but not enough to account for the economic impact of job losses on hose impacted by those losses.
The issue isn't really "too busy with jobs", it's not having enough monetary resources to take care of a large non-working population. The fear with AI is that it will take the comfy, high paying office jobs and demote the non c-suites down to manual labor. Unless corporate taxes are increased dramatically (unlikely) many of the young working class will be stretched thin trying to pay for their parent's care.
They don't cancel out because any gains are eaten by the top 0.1%.
Losses are social; gains are private. It's all about reverting labor practices towards 1890 until we get labor riots again. This time maybe they can murder union people and laborers with tech and robots, and don't need to be as scared of the masses as they used to be.
They probably aren't the same people. I'm reminded of Rush Limbaugh's habit of pretending a group of individuals were like one illogical person - for example, "Why do women get mad when men look at them as sex objects, but they wear such revealing clothing? If you walk around practically naked, guess what - men are going to look at you! Make up your mind!!" The fallacy is when groups of people with their own individual ideas and attitudes, who don't necessarily agree with each other, are treated like they're one irrational person.
Old people don't pay much in taxes and AI doesn't pay tax at all, so without the tax revenue of regular working class people all the social security benefits that the old people rely on will go bankrupt.
Hmm, that sounds sus. A society suddenly experiencing less labour demand because of technological advancement is a society that is, overall, enjoying the same level of wealth without the cost. If those benefits can't be used to help those who are worse off due to the change, then it is some beneficiaries within the society that are causing the harm.
Yup, but thanks to unchecked capitalism, the increasing wealth is being concentrated in the hands of fewer and fewer. The corporations using AI to replace workers should be making up for the lost tax revenue, but corporations also don't pay much in taxes. The shareholders don't care though because they don't need social assistance, all they want is the force of law to protect their capital and keep the working class in line.
It would be possible to build a society where automation is used to provide a better life for everybody. But that is not the society we live in. Right now we're moving towards neo-feudalism, where everything belongs to a tiny ruling class and everybody else fights for scraps.
I for one cannot wait for robots to be able to do all the mundane tasks, like being a cashier or truck driver, sรฅ that people can work in sectors that produce more value per hour spent. This is just an opinion tho :)
If these jobs become automated, that doesn't automatically create more "high level" jobs. It just creates unemployment.
I like doing jobs that leave me with cognitive surplus at the end of the day.
Some people can't handle a job any more complex. I worked at a payroll firm that had low paying clients. Before that, I never really understood how many stupid people there are.
Fuck me, we went to sign up a new client and most of the people there were unable to read, struggled like hell with the online paperwork. Not saying they weren't computer literate (they weren't), they couldn't make out the words on the screen.
Jag ocksรฅ
They wouldn't cancel each other out, because the number of young people able to take care of the aging population will still be too few. Add to that the fact that pay won't go up with automation, because it never does, and the problem is still Capitalism and its activists strangling us to death.
the fear depends on the job, I for once welcome our AI overlords to do most if not all my job for me.
People are afraid of their homes burning down, and of torrential rain flooding their homes. Wouldn't these cancel each other out?