Comment by dclowd9901
1 day ago
This is a gleaming silver lining view. Blindingly so. The largest customers of the trades class are the white collar class. The largest customers of service industries are the white collar class. It _will_ be "the rich get poorer and the poor get poorer". This is a hollowing out and redistributing up of wealth, plain and simple.
It's the reason AI company leaders are so adamant about framing it as a post-singularity utopia with UBI. They have no answer other than "you're all going to be jobless, better figure that out." Worse yet, they see it merely as a policy problem, rather than a problem they're responsible for. It _is_ a policy problem, no doubt, but the angry mobs won't be coming for policy.
And the top 10% of earners pay something like 70% of the tax receipts. Cratering that tax base is going to wipe out social programs and payrolls back and forth across the entire country.
That might finally make people see the sense in wealth taxes or land value taxes.
Not a concerns for folks working on it, its the-others-problem all the way down, or simply human greed
> The largest customers of the trades class are the white collar class. The largest customers of service industries are the white collar class.
> It _will_ be "the rich get poorer and the poor get poorer".
That is the complete copium. All the stats and models shows that white collar class will get poorer, EVERYBODY ELSE will get richer. Plain and simple.
> All the stats and models shows that white collar class will get poorer, EVERYBODY ELSE will get richer.
Would you mind sharing a source for that? I can't think of a mechanism that would make sure that the poor get richer.
Intuitively I would expect a continuation or acceleration of the current trend, i.e. concentration of wealth at the very top (billionaires).