Yeah, the issue is that there is no common benefit if the private company is the only one doing the replacement. Are we ready for AGI before we solve issues of capitalism? Otherwise, the society may get a harsh reset.
There's actually a lot of common benefit. That company can now supply their goods and services in greater quantity and at lower cost, which raises consumers' standard of living. Meanwhile the workers who were previously employed in menial clerical tasks will simply switch to supervising the AI's that perform those same tasks for them.
> Meanwhile the workers who were previously employed in menial clerical tasks will simply switch to supervising the AI's that perform those same tasks for them.
I don't think this will happen. It does not work with the capitalism if we have only few companies which have all this power. And many consumers don't have jobs left so the value of money increases faster than the "cost" decreases.
> Meanwhile the workers who were previously employed in menial clerical tasks will simply switch to supervising the AI's that perform those same tasks for them.
Put this to numbers, right now - if we remove all workers and leave managers on those fields - how many people are still employed?