Comment by lrvick
12 days ago
AI may be the biggest change to society since electricity, but fundamentally we survived that transition and on the other side the baseline quality of life is much higher now. This one stands a very good chance of ending the same way.
Doubtful when we're flying toward hyperinflation because of government overspending with zero care for their citizens.
Doubtful when stock prices go up because companies lay off/fire employees.
Doubtful when hiring foreign workers for cheap is strongly preferred over their own citizens.
If you're already a millionaire now invested in tech and S&P500 and have property maybe you'll be alright and maybe you won't agree with this perspective, but my perspective applies to the vast majority of people.