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simmol t1_jdossqe wrote

Reply to comment by TheSensibleTurk in ChatGPT is about to revolutionize the economy. We need to decide what that looks like. New large language models will transform many jobs. Whether they will lead to widespread prosperity or not is up to us. - MIT technology review by HorrorCharacter5127

It might be the case that US based companies cannot compete with other non-US companies that do not have this restriction. I suspect that labor costs are significantly high enough in the total budget to make a difference. Moreover, I just think US as a whole would decline significantly if you have millions of people who are essentially working as some sort of an unnecessary prop just so that the system remains in tact. It might be better than the alternative of massive unemployment but just doesn't seem like a satisfactory solution.

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TheSensibleTurk t1_jdp0gua wrote

Other countries will impose similar rules as well. No country, not China, not North Korea, can survive massive unemployment. Profit requires consumers who can afford to consume.

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