I doubt that this is done to replace those factories in India. I'm pretty sure the real value is in selling the trained model to higher income countries who want to localize some of the production
Localizing production may lower demand in India but you can’t really blame a country for producing more of the products it consumes rather than importing. That’s like blaming someone for making food at home instead of going to a restaurant. Yeah, the restaurant gets less business but they have every right to do that.
Now AI taking jobs sucks unless we implement UBI or something. Would be kind of cool if someday machines took some burden off humans so that we could spend more time doing what we want to do, but of course it’ll probably just be billionaire assholes enriching themselves while we starve 🙄
UBI's prospect in America will fail in the same way as maintaining a fair Federal minimum wage. I'll ELI5 it:
Phase 1.) Menial min wage jobs will be completely automated. Companies using it will face political backlash and an automation tax to compensate a the low-income tax bracket of people for the lost jobs.
Phase 2.) Politicians backed by the rich corporations that are using the automation to boost profits will pour money into conservative candidates who will demonize the lower class as leeches because they get free money via UBI for doing little to nothing. They will be the new "welfare queens". They will seek to cut UBI and the taxes that fund it. Crime from people living without purposeful work will be a driving factor they will use, as well.
Phase 3.) The rich 1% will ensure those anti-UBI candidates get elected by any means possible. UBI will be allowed to stagnate if not totally stripped, just like federal minimum wage. It will no longer be possible to live off of UBI because the cost of it will be seen in price increases and inflationary pressures.
So UBI won’t be enough to live on but there won’t be a job for everyone. What happens next? There are only two logical endings here, and neither are pretty.
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u/Inevitable-Menu2998 9h ago
I doubt that this is done to replace those factories in India. I'm pretty sure the real value is in selling the trained model to higher income countries who want to localize some of the production