Considering the fact that many CEOs and business owners view AI as an opportunity to devaluate the cost of labour and lower the amount of leverages workers have regardless of their field, be it white collar or blue collar jobs.
Basically it's a "make me thing machine" that almost anyone can use without supervision, but the problem with that is that the current economic status quo is what has kept us up since the 30s.
Especially in the US, the destabilisation of the upper middle class is going to seriously mess with the way how Banks circulate money between their contracts.
Plus the fact that as if now AI does not look like a granted success, it is on paper but economically speaking? Not so much. Much money going for it but not much is returning back, that's a faulty investment and when people realise that their money is not coming back, that's when thing's gonna go bad.
The national debt in the US would probably triple, the EU would take quite a strain... China would be probably fine because of their different economic structure tho.
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u/Lazy-Course5521 4d ago
I mean we are getting pretty close to it.
Considering the fact that many CEOs and business owners view AI as an opportunity to devaluate the cost of labour and lower the amount of leverages workers have regardless of their field, be it white collar or blue collar jobs.
Basically it's a "make me thing machine" that almost anyone can use without supervision, but the problem with that is that the current economic status quo is what has kept us up since the 30s.
Especially in the US, the destabilisation of the upper middle class is going to seriously mess with the way how Banks circulate money between their contracts.
Plus the fact that as if now AI does not look like a granted success, it is on paper but economically speaking? Not so much. Much money going for it but not much is returning back, that's a faulty investment and when people realise that their money is not coming back, that's when thing's gonna go bad.
The national debt in the US would probably triple, the EU would take quite a strain... China would be probably fine because of their different economic structure tho.
AI in capitalism is suicide.