AI's Dial-Up Era - by Nowfal Khadar

We are in AI's "dial-up era"—a moment of massive uncertainty where extreme optimists predict rapid civilization-reshaping automation while extreme pessimists dismiss AI as overhyped vaporware, mirroring 1995 internet debates. Historical precedent from radiology shows that automation predictions fail because of Jevons Paradox: as AI increases worker productivity and lowers costs, demand for services expands rather than contracts, ultimately increasing rather than decreasing employment in affected fields.

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