Wait, what? "Overpaid compared to the energy they consume"? Firstly, is he talking about the energy resources humans require to be alive? We consume humongous amounts of resources, especially compared to LLMs. It's not clear what that has to do with anything.

Secondly, this is not how Economics works. Relevant terms here would be "supply and demand" because that's what determines almost all wages. Knowledge workers (or any workers) are not paid based on how much it costs to sustain them, like some function of the COGS bill. Knowledge workers are paid so much higher because they supplied the one thing that was pretty rare but for which the demand was very high: intelligence.

AI is not "rectifying" that by consuming less energy, but by providing a supply of intelligence that scales with energy and compute, both of which are technically easier to scale than humans. Which is another piece he misses, the monopoly is not on AI, but on compute. (See: all the kerfuffle about export restrictions on Nvidia chips.)

He is right about some other things in that article though.