‘Conversation Economy’

by Shelt Garner
@sheltgarner

One reason why I doubt “prompt engineer” will last very long as a job is soon enough YOU will be prompted by an AI. Think of this as the “Her” future in the sense that you’ll have a human-like digital assistant you will have casual conversation with.

Which this leads to the idea that potentially instead of a knowledge economy, we’ll have a conversation economy. What’s more, if you hook up AI to all these Terminators that companies like Boston Dynamics are building the looming prospect of almost all economic activity being a function of non-human actors becomes very real.

I’m talking about macro trends that seem to be all headed towards the same endgame. So, knowledge workers will be replaced by natural-language conversations and blue collar workers will be replaced by what are essentially androids.

And all of this could happen a lot sooner than you might realize. It’s kind of astonishing that all of this is happening in broad daylight and none of us are thinking about all the Hollywood movies that talk about the down side of this very future.

This, of course, raises the prospect of the need for a Universal Basic Income. The only way I can think such a thing might actually happen is to “bribe” elites by replacing all taxes with a 30% VAT. So, plutocrats will get away scot free when it comes to taxes, but we Poors will get one thing we need — a UBI — in exchange for significantly higher consumption prices.

I just don’t think we’re ready for the Conversation Economy. If AI is good enough that we not only can banter with it, develop an emotional connection with, then the very nature of work as we currently imagine it will be transformed.

So, instead of 12,000 professional writers in Hollywood, you will have a fraction of that — if any. People will shrug when they can talk to their digital assistant that will create a movie or TV show out of whole cloth on the fly. Your phone or TV will scan your face to see what mood you’re in and in a split second will generate you entertainment that is specifically designed to not just you, but your specific mood at that specific moment.

Mass media, a shared reality, will no longer exist.

Now, it seems to me that the end game of that specific situation is live theatre will see a real resurgence. That will be the delineator in pop culture — most run-of-the-mill recorded entertainment will be completely AI generated but if you want a “human touch” to your entertainment you will go to the theatre or a live music show.

Regardless, we’re just not ready for what’s about to happen. It will be interesting to see if we’re going to see the rise of a neo-Luddite movement, probably in the context of the next generation of MAGA.

Author: Shelton Bumgarner

I am the Editor & Publisher of The Trumplandia Report

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