Since A.I. will be taking over the job market...how is the gubment gonna makeup for taxes?

[concise]

Previously I thought they would at least do what the Romans did by giving us bread and circuses, but it seems the Romans were more humane than our modern billionaires. And the poor Trump Republicans are showing you that society will just accept it.

Did you forget about the pro sports teams that billionaires own?

 

[CopiousX]

taxes for what? the machines will work/fight for much less cost, so tax revenues can be lower.

machines making machines ... and everything else.

most people will get shut out of that economy.

like blade-runner .

I like to think that we're lucky because we can see it coming and plan for it.



For us older folks, If you're still working age then the game would be to hoard assets so that you can live off the interest/royalties/dividends/rent independently of the overall economy. If you're particularly tech savvy You can invest in a few of your own robots to do work for you.



But I pity the gen alphas, Because their game was over before they even finished high school. They are basically SOL if they weren't lucky enough to born into rich millennial parents. I envision a future where the few licensed safe routes like medicine or law will becone hunger games level of competitive. Even the trades that remain may have to start being selective since they will be the only jobs remaining.

 

[Dad]

im starting to think the government will never open back up

 

[Camammal]

They’ll just print more money and continue to steal resources like they’ve been doing.

 

[inndaskKy]

Support democracy, brehs...

 

[Scustin Bieburr]

Great post about A.I stocks and A.I itself:


I personally think it’ll fall somewhere in the middle.

Biggest problem is no safeguards. People like Andrew Yang warned about this for nearly 10 years now. Not saying dude should’ve been President, but the fact nobody took his concerns seriously in 2015 is coming back around. The fact a significant amount of people were laid off already due to “A.I” (LLM’s) already validates those concerns. A lot of progress over a small amount of time. Now it’s a race to get in front of it with a bunch of bought out politicians. Good luck.

They will pivot to robotics. They already are. The data centers, the gpus all of that will be used for robots and the robots will be the perfect tool for gathering data and forcing advertisements into people's homes. Imagine your robot literally suggesting content to you and playing an advertisement every few minutes. The goal is always to make you dependent on something and then figure out how to turn that thing into an advertising platform.

They do it with apps and they do it with hardware. 10 years ago when you bought a smart tv there were no ads or suggested content when you turned it on. Now there are. 20 years ago Facebook had no ads, now its riddled with them. I dont own a smart fridge but I wouldnt be shocked if that shyt has ads on it too. Smart watches harvest your biomedical data and then sell it to data brokers. Dating apps are filled with scam bots and ads. It goes on and on.

At worst, the a.i. bubble will pop and the government will use a combination of bailouts, money printing, and additional cuts to the social safety net to reduce the blowback. At best, they'll quietly have pivoted to robotics and continued the hype cycle by doing stock buybacks to pump the share price. Everyone is acting shocked and confused by the markets right now because theyre applying the pre-2008 mindset of a company needing customers to survive.

That is no longer the world we live in. We are officially back in the days of megacorps like the Dutch and British india company that had the kind of power to straight up OWN parts of the world. Elon musk is about to become the world's first trillionaire. A guy whose cars dont sell, are overpriced, and are already outdated compared to the competition. That is only possible when you as a customer no longer matter because speculation and investment IS the economy now. Its all a giant casino and they're just all moving trillions of dollars between each others companies and their own to keep the hype going amongst themselves and other rich investors.

 

[3rdWorld]

How will all the billionaires make more money with everyone out of work unable to afford their products and services?

 

[IIVI]

How will all the billionaires make more money with everyone out of work unable to afford their products and services?

Operating expenses for them go down because they replaced the workforce with cheaper A.I and robots that work around the clock.

It’s a game of optimization for them at this point. The fact they’ve been laying people off the last 3 years and pushing record-breaking earnings is a data point it’s working.

We’re only at early stages A.I and robotics. ChatGPT was released literally only 3 years ago.

 

[IsThatBrothaMouzone?]

Great post about A.I stocks and A.I itself:


I personally think it’ll fall somewhere in the middle.

Biggest problem is no safeguards. People like Andrew Yang warned about this for nearly 10 years now. Not saying dude should’ve been President, but the fact nobody took his concerns seriously in 2015-2016 is coming back around. The fact a significant amount of people were laid off already due to “A.I” (LLM’s) already validates those concerns. It’s already removed hundreds of billions of dollars from the market/economy, trillions soon.

A lot of progress over a small amount of time which was why it was so important to address it when he was actively talking about UBI for years. Now it’s a race to get in front of an exponential curve with a bunch of bought out politicians who’ll impede human decency.

You know the most likely outcome from here. Good luck to everyone.

If we don't need junior roles or senior thinking roles........why do we need high paid execs?

I can use AI to do their job for a fraction of the cost. No fancy parachute package AND create AI vids with a created "virtual CEO" to communicate ideas to shareholders.

 

[IIVI]

If we don't need junior roles or senior thinking roles........why do we need high paid execs?

I can use AI to do their job for a fraction of the cost. No fancy parachute package AND create AI vids with a created "virtual CEO" to communicate ideas to shareholders.

It’s one of those things where anybody can do it if they want to. Now is an easier time than any to make side money using A.I or to start the next big thing altogether.

A lot of software engineers worked with other software engineers during the 2010’s to do that and make their own companies. Now you don’t even need as many people.

It used to take years writing a robust 100k lines of code application. Now it’s like a week to create a life changing piece of software.

The reality is though not everyone will find success doing that. The fact remains: it’s always easier said than done.