[benashford]

I think I get the gist of the moral of this story. But I'm not sure I'm fully agreeing with the specifics.

The nub is something I've thought about before. My contingency plan for AI turning the industry I work in upside down is to make hay while the sun shines before that point. Have enough saved or invested for a (lean) retirement (depending on how far away that point is).

But what if AI turns every industry upside down. Will there be enough overall economic activity to actually invest in at all. Then we're all poor regardless of how much we've individually saved, or what kind of social safety net exists, simply because there's not enough economic activity to fund it.

That is, at the moment, and I hope forever, a very remote possibility. For a whole host of reasons, technological and economic ones. But if that did happen in the next 20-30 years...