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bakuninsbart | 7 months ago

> Granted, you need to have the political structure in place that allows the growth to benefit everyone.

Which is the scary part of the AI revolution. Devaluing labor always leads to increased inequality in the short-to-mid term until a new equilibrium is met. But what if we have machines that can do most jobs for 10-20k a year? Suddenly we have a hard ceiling for everyone below a certain "skill level", where skill includes things like owning capital, going to the right college, and having the right parents.

In the past, when inequality became too extreme, (the threat of) violent uprisings usually led to reform, but with autonomous weapon systems, drones and droids, manpower becomes less of a concern. The result might be a permanent underclass.

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spwa4|7 months ago

Really? The AI revolution is happening in the West, and mostly in the US. Just imagine it happened in a muslim country, or Russia, or China, or even India. Half of them would immediately use it to start a war. If you think labor is devalued here, it can be SO much worse.

Also I don't understand the entire argument. The thread is about stopping economic growth. You say you don't receive enough of the current economic growth ... so you want growth to reduce? That will make your life a lot worse, won't it? At 0 growth the only way to give you anything would be to take it away from someone else. In other words: you want an extra meal at 0% growth? That can only happen if someone else doesn't get one ...

vouaobrasil|7 months ago

> so you want growth to reduce? That will make your life a lot worse, won't it?

Personally, I don't want growth to reduce, exactly. I'd prefer it if there were tighter restrictions on the direction of growth, and we spent more time finding creative ways to return to smaller communities where the efforts are spent less on pure money and more on people helping each other. And more time restoring nature. So growth, but not purely in an economic sense.

It only seems like a degrowth thing when you look at from a purely fiscal angle.