Hacker News new | ask | show | jobs
by owlglass 1165 days ago
Bio says "middle-aged software developer," so likely just hoping it's far enough that they'll be retired when it doesn't matter to them
1 comments

That might still drag them down in retirement depending on where the profits of this revolution fall.
People in retirement live off investments, not wages. They’re exactly the class most likely to benefit.

Unless you don’t have retirement savings. But your not likely to be worse off, your pension doesn’t get automated away.

If the economy hit is large enough, money or investments or both might drop to 0. These things happen when there are huge societal changes.
We’re talking different risks now though. Not about retirees being less likely to share in the profits from AI based economic growth.