Comment by echelon
17 days ago
> JPMorgan calculated last fall that the tech industry must collect an extra $650 billion in revenue every year
If you take half the software engineers in the US and replace them with AI, you're halfway there. And why stop with software?
There's a reason for the fervor and excitement of these companies.
The positive outlook is that you don't fire folks - they have even more work to do. But we'll see how it pans out in practice.
But who's going to be buying any of these products if everyone is out of a job? Other rich people?
Sure I assume there's a good market there, luxury yachts exist after all, but what is a company like Netflix going to do when people are too poor to even afford the streaming services that cost 10 bucks a month?
Not to get conspiratorial, but the only logical thing for me here is that They want as many of the plebs dead as possible so that the remainder of us are beholden to them and their money, once they own all the AI factories.