If everyone is fired by AI, who's going to buy the products and services made by the companies if no one has money anymore?
If everyone is fired by AI, who's going to buy the products and services made by the companies if no one has money anymore?
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Personally I welcome a post scarcity economy
Bad news: it is going to be an artificial scarcity economy. It basically already is, we have plenty of money for everyone to live well but it is all going into hoards.
This is what the mega rich don’t seem to realize. They already have 99.9% of the wealth, but if they had 99.1% of it no one would give a shit how much money a few trust fund babies had.
We would all be able to take care of ourselves and our families. Instead they want all the wealth and are willing to kill most of the global population along with the earth to get it.
I would if I didn't fear that the scarcity will then be artificial to keep groups in power. The idea is beautiful, our current direction is terrifying.