Thats the fucking crazy part, they simply can't plan long term because they will be outcompeted by people only planning short term and that can't be allowed.
Besides, if the bourgeois automated every job they'd just kill us so that we stop being a problem
The top 10% of the income ladder are already responsible for the majority of all consumer spending in the US. That concentration can simply continue as long as the consumption of the wealthy continues to grow along with wealth concentration.
We're going to turn the world into Solaria. A handful of rich people living on vast robot-run estates selling goods and services to the wealthy owners of other estates.
The wealth doesn't disappear, it just ends up concentrated.
Goods and services will just be something most people will no longer be able to afford, and they go into poverty. Business will reconfigure to support the lifestyles of the very rich at prices only they can afford, because that's where the money has gone.
Things will get so expensive, people will have to sell their assets (i.e. house) to be able to resist poverty. People without assets won't even get that parachute.
If we don't reverse this concentration of wealth, 99% of people will be living in slums before long.
The fact AI is going to hoover up everyone's job over the next couple of decades, is really just a continuation of a trend we've been seeing since the 80s: the rich are taking all the wealth and leaving none for us
They've already made a shitload of money. Now they're consolidating their extreme privilege into violent political control.
And when bubble pops, the rich will be paid immediately via an inflation tax on the poor as per usual...
https://www.npr.org/2023/03/13/1163180140/silicon-valley-bank-is-it-a-bailout-barofsky
The greedy would be considered mentally ill if logic could dictate. They care more about what they own than how others think of them. They can't take it with 'em.
the ouroboros dance of capitalism will invariably lead to its own demise.
its up to us to kill it before it devours the habitable biosphere we need to like, exist and shit.
isnt that the plot of wall-e
Next step in the capitalism game; own the people.
I see that 4chan has got as far as recognising the dichotomy between short-term and long-term gratification. They are evolving faster than I thought possible. Perhaps by 2050 they'll have advanced as far as common courtesy. Well you never know.
The plan is billionaires sell to each other
Tax any form of automation, be it software or hardware, and pay everyone a universal income from it.
AI is propped up by investors. Always promising the.next big thing is just around the corner. The money is pouring in from other wealthy people...let's be real us common folk rarely if ever pay for AI. Its businesses doing that
but one day those investors will expect a return, so AI is being shoved in everything in the hopes of finding a use case that is actually profitable
Soylent Green.
It's like when horses were replaced by automobiles. the economy kept going, just maybe with more glue and less oats.
Remember the hype about 3D tv’s? That’s AI now.
They didn't think that far. They just fired everyone and replaced them with Ai.
Yeah the thing that pisses me off the most is the wealthy elite only got wealthy because of the disposable income of a healthy middle class. Without that the whole system collapses. So striving for more and more wealth is only going to hurt everyone in the long run. The worst part is they will be the last to be hurt.
It's never supposed to take all the jobs I think. But to eliminate what jobs they can and skim the difference.
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