[phyzix5761]

The good (or bad) thing about humans is they always want more than what they have. AI seems like a nice tool that may solve some problems for people but, in the very near future, customers will demand more than what AI can do and companies will need to hire people who can deliver more until those jobs, eventually like all jobs, are automated away. We see this happen every 50 years or so in society. Just have a conversation with people your grandparent's age and you'll see they've gone through the same thing several times.

[smallmancontrov]

The last 50 years in the USA (and elsewhere) have been an absolute disaster for labor: the economy as a whole grew, the capital share grew even more, and the labor share shrank (unless you use a deflator rigged to show the opposite, but a rigged deflator can't hide the ratios). This contrasts to the 50 years prior, where we largely grew and fell together, proving that K shaped economies are a policy choice, not an inevitability.

A Roosevelt economy can still work for most people when the "job creators" stop creating jobs. A Reagan economy cannot.