Part 4/8:
The first phase centers around accelerating automation. With advancements in AI, services are becoming exponentially cheaper, significantly diminishing the demand for human labor. For instance, the rise of AI tools such as GitHub Copilot can enhance productivity, but they also raise the specter of job losses in many fields. While new job opportunities might emerge, these jobs could similarly be augmented by AI, which could further diminish the number of positions available for humans.