But how about people that cant expand their skills?
People that have worked for 10-20 years in a job that will be overtaken by AI. Telling those people to go take another graduation course is not only downright cruel, but unrealistic.
Skills required for work nowadays are so much higher than decades ago. And there's going to be a massive jump soon.
"Jobs go away other jobs get created", this phrase seems simple but the problem goes so much deeper ...
Hypothetical thinking, but imagine replacing programmers jobs for telemarketing jobs. How would that affect society? And those people in term of income, quality of life, consumption and etc.
I'm graduated in economics, have a post grad, 10 years of work experience and I'm dreading this shit. 'Cause I know I'll have to keep spending my savings in more and more education to keep me afloat.
But imagine the situation of people that dont have the resources to do the same
They should move to other similiar diciplines or completely differnet industries. If they are at the bottom rung at what they are doing anyways the pay hit won't be as bad. Very worst case they take a pay cut and do something revolving less skills.
It's important to again note that AI isn't exactly replacing the jobs entirely but making certain jobs more efficeint that you need less. It's already an issue regardless of AI if you suck at something you'll have a tough time getting a job if the demand is very low and there's advancements constatnly that aim to make people more productive, in turn decreasing demand. it's not cruel for people to have to slowly adapt to the times. And it's again something that will happen very slowly that it's not like one day these people will have no job. They'll have time to adapt.
AI progression is not much diffenret than any other technological advancement displacing jobs. Again, I think a big problem of peoples fears is that they conflate the hollywood/pop-culture meaning of AI with what AI actually is in the real world. AI technology is dumb as shit. There's actually a term for the stuff you see in movies and it's called Artificial General intelligence (AGI). When Elon Musk went off about how scary AI was, most AI experts basically talked about how dumb AI is today, and how we are no where close to AGI and we hve no idea how to get there. If we had the kind of AI we see in movies then yes a lot of jobs would be replaced. But in the real world AI is just broad term describing technology that helps do things that normally you need a human to do. These problems you talk about aren't inherent to AI, other advancements in technology have the same effect.
Programmers jobs could hyptohetically be replaced with telemarketing jobs but that's more of a worse case. In reality all kinds of new jobs get created and it's again going to happen slowly where people will be jumping off the bus if they need to at different times. It will suck for the people who aren't good at other things and programming was the only thing they were "good" at. But will that be most people? Maybe, Maybe not.
In regards to people that don't have the resources. The education bar is lowered nowadays and going lower; what degree you have doesn't matter, and increasingly more cases having a degree at all matters less. Your ability to learn stuff is cheaper than ever nowadays, lots of free videos, courses, and books. For example, people learn how to become programmers for free today using all the resources out there. For the people who you are concerned about getting downgrades in life they should be in situations that gives them a little extra money to adapt.
Also worth noting right or left, there's somewhat of a genral consensous that if AI, automation, & robots greatly reduces all jobs, then universal basic income would have to be a thing. But that's again not anything there's evidence of happening any time soon.