Comment by threethirtytwo
16 hours ago
>It borderline seems like he's most worried about maintaining the working poor as a valuable societal institution.
This is the foundation of the economy. AN engine needs energy to keep going and workers are that energy. AI serves to automate a lot of that energy... but this leads to a side effect.
The side effect is that the economy is a self feedback loop, as workers not only run the engine but they also create the fuel that they themselves run on. If workers aren't working and AI has replaced them then what where are companies getting money from if workers can no longer buy things from the company? This is the fundamental loop of how an economy works... money gets paid to workers, workers spend the money and the loop continues and the economy self improves... If workers are replaced the economy no longer works.
You're addressing a flaw and an imperfection in the existing infrastructure (poverty),The article is talking about the very engine that maintains society itself which in theory can completely break if AI is introduced.
I don't know if it will ACTUALLY break, the circumstances surrounding all of this are very very complex that no one can fully predict the outcome but the theory behind it is legit and much more significant then a poverty issue.
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