I don't know one person, professional or otherwise, who has lost their job due to AI. I have heard, however, teachers and professors I know saying that students today aren't going to have any skills because they use AI instead of actual learning.
Or it could crash our economy because we've been convinced, hoodwinked, and strong-armed into building a bunch of datacenters to produce AI slop for social media 'engagement' and 'productivity' tools that most workers who use them know do nothing of the sort.
Lolololol ...... No. "We can't get rid of the CEO's and other management!" Eat the rich. Currently the only jobs capable of being replaced with AI are the upper management. Even AI coding failed and those companies like Microslop, who fired thousands of engineers for AI, are having to hire engineers back to keep the code working and fix the AI slop... So no, letting some rich assholes fail will not crash the economy.
Lol sure government debt is the straw that will break the economy-camel's back. We've been sold that lie for decades. "We can't have universal healthcare because it would cost too much money", meanwhile we're 39 trillion dollars in debt so that we can keep giving tax cuts to billionaires and wage war all over the world. No, we're going to be screwed when the AI bubble bursts. not because AI is taking jobs.
Even if you don't agree with his argument, I really appreciate that he's framing this danger in a way that even the AI evangelists can't dispute.
"Oh, your miracle technology is going to let us lay off all the pencil-pushers so we can raise profits? You understand the economy relies on *not* firing everyone, right? If the only people making money are AI companies, the whole thing collapses, and your tech-bros go down with everyone else."
The dollar is fiat currency, it only has value because people say so. If enough people were to lose faith in the dollar, say by the national debt going to high, they may all try to sell their dollars. Causing the dollars vaule to crash. Which would be bad for the world over all and very bad for Americans in particular.
This is a gross simplification, but if people who own dollars don’t think the US could make good on them, or would be a bad day.
I got bad news for you; everything that's not actual goods is fiat currency. That includes gold, because the value of gold is based entirely on the premise that people believe it's valuable and will give you stuff in exchange for some.
But that aside, you have not actually explained why government debt is necessarily bad. I realize you THINK you have, but having a high debt is not in and of itself a reason for people to lose faith in the dollar. Would you like to try again?
I do realize that all currency is fiat currency, don't know why that would be bad news. The concern is that we may default on our debt and that as the debt rises more of government revenue would end up going to pay of the debt (or just the interest on the debt) and thus reduce our capacity to pay for things to keep the lights on (infrastructure, government agencies, ect.). I am not an economist, I my understanding is limited, and my ability to explain even more so.
DeepFriedAndSanctified
I don't know one person, professional or otherwise, who has lost their job due to AI. I have heard, however, teachers and professors I know saying that students today aren't going to have any skills because they use AI instead of actual learning.
PhloydPhan
Or it could crash our economy because we've been convinced, hoodwinked, and strong-armed into building a bunch of datacenters to produce AI slop for social media 'engagement' and 'productivity' tools that most workers who use them know do nothing of the sort.
TheDefective
Rent Strike 2026, collapse the specuative housing market, demand nationalization of health, transportation, and communications infrastructure. Landback.
Stuffitwithbeans
Lolololol ...... No. "We can't get rid of the CEO's and other management!" Eat the rich. Currently the only jobs capable of being replaced with AI are the upper management. Even AI coding failed and those companies like Microslop, who fired thousands of engineers for AI, are having to hire engineers back to keep the code working and fix the AI slop... So no, letting some rich assholes fail will not crash the economy.
HoosierDaddy00
This is exactly what @OP wants though.
glovelyday
Wow. I never thought about it like this. I still don't, but I never did either.
Apothecarius
"The government would have to print so much money, or poor people could afford houses"
Got it
enderite
Krashtestdummy
Jenga!
Polymathena
You made me Bittercackle! +1
J3lek
Lol sure government debt is the straw that will break the economy-camel's back. We've been sold that lie for decades. "We can't have universal healthcare because it would cost too much money", meanwhile we're 39 trillion dollars in debt so that we can keep giving tax cuts to billionaires and wage war all over the world. No, we're going to be screwed when the AI bubble bursts. not because AI is taking jobs.
IrrationalNumber
Point is that this is in case AI "succeeds". The AI bubble bursting is in case AI fails to deliver. So it's a lose-lose situation.
Fastjack2056
Even if you don't agree with his argument, I really appreciate that he's framing this danger in a way that even the AI evangelists can't dispute.
"Oh, your miracle technology is going to let us lay off all the pencil-pushers so we can raise profits? You understand the economy relies on *not* firing everyone, right? If the only people making money are AI companies, the whole thing collapses, and your tech-bros go down with everyone else."
Might reach some hardliners, I dunno
sevenfingerman
Government debt is problematic. Though in all honesty, universal healthcare would probably bring the debt down.
Smidge204
"Government debt is problematic" - Why? Serious question. Or would you like to add some clarifying criteria to that statement first?
sevenfingerman
The dollar is fiat currency, it only has value because people say so. If enough people were to lose faith in the dollar, say by the national debt going to high, they may all try to sell their dollars. Causing the dollars vaule to crash. Which would be bad for the world over all and very bad for Americans in particular.
This is a gross simplification, but if people who own dollars don’t think the US could make good on them, or would be a bad day.
Smidge204
I got bad news for you; everything that's not actual goods is fiat currency. That includes gold, because the value of gold is based entirely on the premise that people believe it's valuable and will give you stuff in exchange for some.
But that aside, you have not actually explained why government debt is necessarily bad. I realize you THINK you have, but having a high debt is not in and of itself a reason for people to lose faith in the dollar. Would you like to try again?
sevenfingerman
I do realize that all currency is fiat currency, don't know why that would be bad news. The concern is that we may default on our debt and that as the debt rises more of government revenue would end up going to pay of the debt (or just the interest on the debt) and thus reduce our capacity to pay for things to keep the lights on (infrastructure, government agencies, ect.). I am not an economist, I my understanding is limited, and my ability to explain even more so.