The rise of artificial intelligence (AI) and automation technologies has led to concerns about the future of work and the potential displacement of human labor. Some have argued that these technologies will commoditize cognitive grunt work and make the human touch less valuable. However, this view is misguided, as AI and automation will actually make human workers more valuable and lead to the creation of new, higher-value jobs.

The idea that AI will allow people to coast on the same value added without overheads is a form of rent-seeking mindset that is bound to fail. Rent-seeking is a term used to describe a situation where individuals or groups try to gain economic benefits without producing anything of value. In the context of AI, this could mean using AI technology to automate tasks without creating any new value. This approach is bound to fail because it assumes that there is a fixed amount of value to be shared, and that AI can simply replace human labor without any consequences.

In reality, AI technology is not a magic bullet that can solve all our problems. While it can certainly make some tasks easier and more efficient, it cannot replace the creativity, innovation, and human touch that is required in many industries. For example, an app that was developed in five minutes may be useful in some situations, but it cannot replace the need to enhance the value proposition

Moreover, the idea that AI will allow people to coast on the same value added without overheads is a misguided one. Added value requires a significant amount of investment and resources to develop and maintain, and it is not something that can be done without overheads. In fact, the cost of developing and implementing added value may make some human more valuable

Moreover, as AI and automation technologies become more widespread, they will create entirely new fields of work and new job roles that do not currently exist. For example, the development and implementation of AI and automation technologies will require a new generation of workers who are skilled in data analysis, programming, and AI training. These workers will be highly valued and will command high salaries.

One of the consequences of this technology is that it has raised the bar for businesses and individuals who want to compete in the marketplace. Specifically, it has become more difficult to generate positive cashflow because the value that needs to be generated has increase. In other words, businesses and individuals who want to compete in the marketplace now need to generate more value than they did in the past.

Finally, the rise of AI technology has led to an increase in the expectations of consumers. Consumers now expect faster, more efficient, and more personalized service than they did in the past. This means that businesses and individuals who want to compete in the marketplace need to generate more value in order to meet these expectations.