At the moment, the stock market is doing well and so are jobs. But Americans hate the economy anyway. He doesn’t even like AI. And they don’t seem to be fond of AI executives.
In China, things work differently. People there like and trust AI. According to a survey, China’s attitude towards AI is the third most trusting in the world, after Nigeria and India. Other surveys say essentially the same thing.
Here’s something that probably won’t hurt that perception among members of the Chinese public: It turns out that it’s illegal in China to fire someone from a job to replace them with AI automation. As first seen by Bloomberg, a Chinese employee was told he had to take a demotion because his job was being automated, but he refused to take the demotion. When he refused, he was fired from his job, but the company did wasn’t allowed to do that.
The Hangzhou Intermediate People’s Court made the decision late last month in a series of AI-related rulings. Part of the judgment (as translated by Google Translate) states a very interesting principle: “Employers are prohibited from shifting operating costs onto employees.”
Here is a longer statement from this collection of decisions (emphasis added):
“[…] AI technology It can be used to improve corporate efficiency, free up labor, and enhance employee welfare.. Companies can adopt this trend, but they must also consider the legitimate rights and interests of workers Cannot use technological change as an excuse to unilaterally reduce wages and terminate contracts“
Anyway, Sam Altman, whose home has now reportedly been invaded twice, is probably glad he has what he calls, “underground concrete, heavily reinforced basement.” Mark Zuckerberg is also seen building a doomsday bunker in Hawaii. And once again, the economy is fine. For now.
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