If humans are replaced en masse by AI agents, companies will save billions until there is nobody left who can pay for their products and/or services because we're all destitute and on the dole. I'm scheduled to retire in about 9 years. I'm not sure I'm going to make it that long.
jofla_net|6 months ago
I don't see how nobody will feel that loss of purchasing... Then again, we all know how detached the market is, someone from Schwab just yesterday telling me how things have "never been better."
bamboozled|6 months ago
Us "regular folk" are really just in for the ride now aren't we?
Nevermark|6 months ago
Humans are not necessary for an economy. It’s an easily missed assumption, because until now we are the only intelligent units of labor, capital ownership and demand.
But corporations long ago become units of all three, and AIs effectively become citizens simply by acting through an umbrella corporation. Corporations are (in)famously already first class political participates, via their money.
As long as AIs/corporations are motivated to compete and survive, demand from humans won’t be necessary for the economy to keep growing.
If anything, the ease with which AI/robotics will adapt to space habitats, and the vast resources untapped in the solar system, will enable a potentially human-independent economic explosion.
pupppet|6 months ago