Comment by jochem9

Have you seen profits lately? The money is going to the shareholders. You hardly see it in the products you buy (they're the same, just more expensive) or in your wage going up.

This is not (just) AI, but generally speaking that's what's going on. Wage and profit have been out of tune for a long time and it's getting worse. [1]

Specifically on AI: maybe the job market is down because of AI (it plays a part in it). Then that's where the value is at: same output with less developers. Money straight in the pockets of the shareholders.

1. https://www.imf.org/en/blogs/articles/2017/04/12/drivers-of-...