Comment by gmerc

The primary issue is that the digital economy is attention supply locked now that services expansion has hit a wall. And so the only way to extract infinite growth money going forward, which dealing with commoditisation and erosion of talent and technology moats in any form, is to lay off people.

AI making things cheaper and faster makes it worse, not better because it drives competition up and strengthens the bridge trolls at the attention gate aka platforms while taking power from both viewers and creators.