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by gmt2027
459 days ago
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The typical AI economic discussion always focuses on job loss, but that's only half the story. We won't just have corporations firing everyone while AI does all the work - who would buy their products then? The disruption goes both ways. When AI slashes production costs by 10-100x, what's the value proposition of traditional capital? If you don't need to organize large teams or manage complex operations, the advantage of "being a capitalist" diminishes rapidly. I'm betting on the rise of independents and small teams. The idea that your local doctor or carpenter needs VC funding or an IPO was always ridiculous. Large corps primarily exist to organize labor and reduce transaction costs. The interesting question: when both executives and frontline workers have access to the same AI tools, who wins? The manager with an MBA or the person with practical skills and domain expertise? My money's on the latter. |
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