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Microsoft and Alphabet results show Wall Street only cares about AI
(www.marketwatch.com)
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this post was submitted on 27 Oct 2023
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Those rich fuckers are putting a lot of bets on AI. They're keeping us busy over working struggling to pay to exist, while they perfect our replacement so that they can be rid of us.
Getting rid of us doesn't make sense. We circulate the money. They need us to generate the things that we then buy. Without that they'd need to actually spend money and they won't.
Blows my mind that hard-left people would resist AI since it both allows far more opportunity for direct control of means of production (as it is a time/scale equalizer) and also is the best path toward UBI.
UBI sounds silly to some, but that changes when there's a hundred million people out of work. Especially since AI will carve out from the middle, not from the bottom. That's a LOT of reliably-voting spending power eroding.
I can understand that people don't trust corps or their governments to enact UBI or use AI responsibly. They have every reason to believe that given the state of consumer protection laws, privacy laws, and the cost of things that people need like healthcare, food, and housing.