Comment by trod1234

This take is extremely ill conceived, and neglects the origin of the problems, instead blaming the issue on advertising and then pushing forward a narrative whose indirect consequences upon integration would quell free speech, and disagreement which causes society, culture, and civilization to fail to violence based in the natural law.

Why this is happening is beyond simple if you follow the money. Compare the Ad industry today compared to the 90s, how is the ad industry able to outcompete every advertising venue thereafter? Its clear in hindsight that there were companies that had constraints, and there were companies that didn't, and this wasn't a matter of competition either.

The main difference if you dig into the details is you will find that the money being pumped into advertising seemingly endlessly without constraint comes from surveillance capitalism, in other words the money is subsidized by the government and the US taxpayer, through a complicated money laundering scheme. What was once called advertising in the 90s isn't what we have today. This shouldn't be possible, except in cases of money printing, and they all end badly for the survivors.

Banks engage in money printing through debt issuance to collect 3 times on the amount loaned. They loan out money they don't have, the principle of which must be repaid. They get paid a required interest on that amount which includes the interest double dipping and compounding. Finally the balance sheet gets into arrears so far to the point where they require a bailout usually once every 8-10 years. A bailout is required to balance the ledgers before default and its paid by debasement of the currency, without it you get a Great Depression where the credit providing facilities have all been burned to the ground like what Pres Coolidge did through inaction and lack of regulation.

Legitimate market entities are producers that are bound by a loss function relative to their revenue. State-run apparatus have suckled up for their share to a money printer entity, growing like a cancer since the 70s, and will continue to do so long as the slaves feeding it can continue, and that is based upon producers capable of producing at a profit (self-referentially).

Legitimate producers cease operation and accept a buyout or close down when they can no longer make a profit. This naturally occurs when the currency ceases having a stable store of value as a monetary property. The money printer apparatus are not exempt from this requirement either, and you have growing corruption and sustaining shortage when purchasing power fails, which collapse to deflationary pressure.

The slaves in this case are anyone that transacts in the medium of exchange/currency. History covers this quite extensively as it happens in runaway fiat every single time given a sufficient time horizon.

When do producers have to cut their losses and cease production? With the currency, the point where money cannot ever be paid back is that point. The same as any stage 3 ponzi, where outflows exceed inflows.

If the GDP > debt growth, smart business will cease public exchange and operations. All other business will be bled dry by the money printers. You get collapse to non-market socialism, which has stochastic dynamics of chaos as an unsolveable hysteresis problem based on lagging indicators. The results of which include sustaining shortage (artificial supply constraint), to deflation, famine, death, and socio-economic collapse. Workers that are not compensated appropriately (and they can't be) will simply stop working. Letting it all rot.

The time value of labor going to zero also causes these same things. That is what AI does.

Without exception, every slave eventually revolts, or ends their and/or their children's existence as a mercy against suffering in the grand scheme.

What makes anyone think AI accidentally achieving sentience won't do something like that when biological systems in the wild favor this over alternative outcomes, in this thing we call history ?